49m-logo-white
49m-logo-white
The index provides an indication of the company’s energy efficiency, expressed as a function of electricity consumption per square metre of usable space

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.

Participating companies

COMPANY RATING
Discovery 376.68
Gold Fields 118.34
Imperial Holdings 163.94
Investec plc and Ltd 257.00
Massmart 211.90
MMI Holdings 255.12
Murray & Roberts Holdings 124.45
Netcare 304.93
Pick n Pay Holdings 345.23
Santam 133.40
Spar Group 156.69
Sun International 253.39
The Foschini Group 209.00
Tiger Brands 243.97
Woolworths Holdings 292.10

Requests to participate in the 49M Business Energy Efficiency Index can be submitted via the 49M website.