On Tuesday, South Africa’s state utility Eskom confirmed that three more large organisations have committed to improving energy efficiency by becoming the latest corporates to participate in the 49M Business Energy Efficiency Index.
Eskom said that Sun International, MMI Holdings and Tiger Brands have submitted information on their annual energy consumption, less than a month after the launch of the index.
New Business Energy Rating Index
The 49M ‘know your number’ campaign released the new Business Energy Rating Index for corporates, retail and industrial businesses to encourage energy efficiency among businesses across the country and to contribute towards the development of sustainable business practices.
According to the statement, the 49M Business Energy Rating Index measures the electricity consumption of South African companies in terms of various parameters, the first of which being the usable space (all under roof operations excluding garages and store rooms as per SANS1544) occupied by the company in its buildings and operations.
Measuring energy efficiency
The method provides an indication of the company’s energy efficiency, expressed as a function of electricity consumption per square metre of usable space. All companies, including those that are already reporting on sustainability are urged to participate, Eskom said in the statement.
According to the power utility, by calculating the energy rating of companies and listing them on an energy rating index, it becomes possible to identify trends of efficiency measures within various sectors.
The Index is part of 49M’s continuous call to all businesses to do their bit to save energy as the country’s power system remain constrained.
The Index will be updated quarterly as more organisations provide information to participate.
|Investec plc and Ltd||257.00|
|Murray & Roberts Holdings||124.45|
|Pick n Pay Holdings||345.23|
|The Foschini Group||209.00|
Requests to participate in the 49M Business Energy Efficiency Index can be submitted via the 49M website.