August 08, 2020

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The Vanguard Group Cuts Energy Costs

Submitted by: Environmental Protection Agency

Categories: Environment

Posted: Mar 14, 2005 – 11:00 PM EST

 

Mar. 14 /CSRwire/ - Since joining ENERGY STAR in 2001, The Vanguard Group has reduced its electrical energy consumption by 12 million kilowatt hours at a cumulative savings of $1.2 million. Vanguard lowered its energy costs per square foot by 18 percent with limited capital expenditures through a combination of demand side and supply side strategies. This ongoing commitment resulted in recognition as an ENERGY STAR Leader in October of 2004 for improving its corporate energy performance rating by 10 points in the EPA energy performance rating system. Only three ENERGY STAR partners have received this distinguished Leaders recognition to date. Vanguard's 25 owned and leased facilities are audited monthly for cost and consumption performance. The reduced emissions from Vanguard's performance improvements are equivalent to removing 1,000 cars from the road, annually. Vanguard's goal for 2004 is a corporate wide energy reduction of 1.5 percent.

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