CoreNet Global, Rocky Mountain Institute issue framework for corporate sustainability and efficiency

by Brianna Crandall — May 19, 2014—A new research report issued jointly by CoreNet Global and the Rocky Mountain Institute lays out a framework for corporations to better manage energy usage. CoreNet Global is the professional association for corporate real estate and workplace professionals worldwide, and Rocky Mountain Institute (RMI) is a nonprofit dedicated to transforming global energy use for a clean, prosperous, and secure energy future.

According to the report, Next Generation Energy Management, “Corporations have made progress in energy management and performance since 2007,” when CoreNet Global and RMI first collaborated on this topic. “Over two-thirds of corporations now have a sustainability agenda and staff as well as energy management plans, and nearly half have dedicated energy managers, a position that was only just emerging in 2007.”

However, research indicates that in many cases, these efforts have plateaued. This report is Phase One of a road map toward the goal of net-zero buildings, in which buildings use the same or less energy than they generate through the use of renewables such as solar and wind power.

The report establishes nine key drivers that enable and necessitate next-generation energy management:

  • Reductions in energy costs, such as natural gas
  • Sustainability measurement
  • Stakeholder demand for sustainability
  • Availability of capital
  • Risk mitigation and management
  • Workplace transformation
  • Smart building technology
  • Healthy buildings
  • Electricity grid evolution

“During the next year, CoreNet Global and Rocky Mountain Institute will engage with the corporate real estate community to further investigate these key drivers,” said Angela Cain, CEO of CoreNet Global. “We believe that with a unified voice, CoreNet Global and RMI are well positioned to have a significant impact on the ways that corporations think about energy usage. Energy management is not just a sustainable business practice, it is fiscally advantageous.”

“Having released a guide in January for corporate real estate professionals to calculate and present the value of energy efficiency, we now intend to develop a roadmap to assist corporations in achieving the highest goals practical for building energy performance,” said Michael Bendewald, senior associate at Rocky Mountain Institute.

The guide to which Bendewald was referring is How to Calculate and Present Deep Retrofit Value, available from RMI.