New Framework Outlines How Business Leaders Can Create Long-Term Value
BOSTON, June 08, 2016 (GLOBE NEWSWIRE) -- EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy intelligence software (EIS) and demand response solutions, PwC, one of the world's largest providers of business consulting services, and Winston Eco-Strategies, a sustainability consulting firm spearheaded by author and strategist Andrew Winston, today announced the release of a new strategy brief, “Energy Strategy for the C-Suite: From Cost Center to Competitive Advantage.” The brief was developed with input from an advisory council comprised of leading business executives, academics, and industry thought leaders. It outlines a series of emerging leading practices—the Unified Approach to Energy Transformation—that connect energy strategy to broader global megatrends, and discusses value creation opportunities created by major transformations in the energy market.
“There are many frameworks and standards for energy management that focus on operational best practices within the four walls of an office or plant, but few adequately connect energy strategy to the global trends that keep executives up at night. As a result, energy is typically delegated down to facility-level managers, where it is disconnected from broader corporate strategy,” said Tim Healy, Chairman and CEO of EnerNOC. “We’re at the beginning of a new era where an effective energy strategy is essential to remaining competitive in the marketplace. Too many executives lack an understanding of their organization’s energy maturity or where they are trailing their peers. The Unified Approach to Energy Transformation seeks to solve this imbalance, and outlines a roadmap for proactive energy strategy that positions businesses to remain competitive and thrive in the years ahead.”
“This new approach crystallizes insights gleaned from the collective experience that EnerNOC, Winston Eco-Strategies, and PwC have gained by working with senior executives at some of the world’s largest businesses who are grappling with a new set of energy challenges,” said George Favaloro, Managing Director, Sustainable Business Solutions at PwC. “The strategy brief explores how businesses can capitalize on energy strategy to deliver short-, medium-, and longer-term business value, and provides an actionable set of emerging practices that can raise business performance to a new level.”
"As the world moves quickly to reduce carbon emissions and change how energy is produced and used, companies are facing unavoidable demands—from governments, employees, and customers—to manage their energy footprints closely," said Andrew Winston, Founder of Winston Eco-Strategies and author of The Big Pivot. "The businesses that view energy more strategically will lower their costs and risks, but also drive innovation and build their brands in a world of rising expectations. The risks and opportunities surrounding energy are enormous, so with this strategy guide, we hope to move energy issues into the C-suite where they belong."
Advisory council members that contributed to this strategy brief include thought leaders, executives, and faculty members from Black Coral Capital, Boston Properties, Cargill, Eaton, Goby, Harvard University, Starwood Hotels and Resorts, SunPower, United States Environmental Protection Agency/ENERGY STAR, University of Massachusetts Boston, and WeSpire.
To learn more about the Unified Approach to Energy Transformation, go to: https://www.enernoc.com/unified-approach-energy-strategy
EnerNOC is a leading provider of energy intelligence software (EIS) and demand response solutions. With capabilities to better address budgets and procurement, utility bill management, facility analysis and optimization, sustainability and reporting, project tracking, and demand management, EnerNOC's SaaS platform helps enterprises control energy costs, mitigate risk, and streamline compliance and sustainability reporting. EnerNOC also offers access to more demand response programs worldwide than any other provider, offering enterprises a valuable payment stream to further enhance bottom line results and utilities and grid operators a reliable, cost-effective demand-side resource. For more information, visit www.enernoc.com.
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