Whatever the industry, managing costs is good for business, and increasing energy efficiency and reducing energy costs does just that. Given rising energy prices and a growing awareness of the importance of energy conservation, a carefully conceived energy management strategy may well be one of the most important steps a business can take to sustain and grow business.

Furthermore, research by Innovest Strategic Value Advisors suggests that companies with a clear energy management strategy have a competitive advantage. Companies that lead in energy management achieved superior stock and financial performance over “laggards.” They even achieved significant financial premiums in stock prices over competitors. This from the National Environmental Education Foundation:

Companies have been engaging in energy-efficiency strategies for years as a means to control costs. Increasingly, a body of evidence suggests that companies that take a systematic and strategic approach to energy management can enjoy a broad array of tangible and intangible benefits of interest to investors. As financial analysts and institutional investors come to understand this energy-value connection, energy management is becoming another measure by which they assess companies.

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