Business

Energy efficiency a key sustainability goal for Z

26/08/2013 - Z updates

Energy efficiency a key sustainability goal for Z

We’ve commenced work on installing external LED lighting on 171 forecourts throughout our service station network, which is forecast to achieve a 16% reduction of carbon emissions per annum from our retail operations.

The rolling out of LED canopy lighting across our network represents an 11.3% savings in total energy use for the company and 50% in lighting costs.

We are investing $2.73 million in the project in this financial year with completion of the roll-out expected to be in early 2014.

The project is being supported by the Energy Efficiency and Conservation Authority (EECA) who will work with us to promote energy efficiency to our customers.

The project is one of a number of things we’re pursuing to become a more sustainable business.

Our sustainability strategy not only looks at doing the right thing for New Zealand, but also ensures the long term viability of the business. This is a three-pronged approach: getting our own house in order, seeking to help our existing customers use fuel more efficiently and ultimately to find alternative sustainable energy sources.

We have made a big financial commitment to this project, but see its value in not only the energy savings it will deliver, but as a demonstration of how making a financial investment in energy efficiency can deliver clear returns for business over time.

Improved energy management can also deliver a number of other benefits for businesses; in this particular case the roll-out will deliver increased safety on the sites with better lighting, fewer outages, and reduced maintenance. The energy savings we will make each year through this initiative equates to enough electricity to power 350 New Zealand homes.

Together with EECA we can incentivise energy efficiency by showcasing a large-scale business undertaking with sustainability at its heart, and how it works from a sustainability, energy conservation, and bottom line perspective for better business

We’ve contracted Philips New Zealand to supply and install the LED lights.


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