| Many directors have been caught on the back foot In a recent AICD poll, 77% of directors believed that climate change is to become the most hotly debated topic for Australian boards within the next 5 years. There’s been much talk about what needs to be done but very little practical “how to”. As many corporate responsibility efforts impact the bottom line negatively, unsurprisingly, there’s been much talk, yet little action. Recent analysis from McKinsey &Co shows that lighting and air-conditioning efficiency are some of the most effective and profitable actions that can be taken for CO2 abatement. Responsibility can be profitable PowerSense provides complete occupancy sensor solutions for commercial building lighting and air-conditioning systems delivering efficiencies of up to 85%. These efficiencies lower water use and CO2 gas emissions associated with electricity generation, possibly qualifying for carbon credits while simultaneously improving a corporate’s environmental and social responsibility standing. PowerSense’s solutions are a rescue package for executives. They are quick, actionable, results that have a positive impact on the bottom line today, while showing environmental leadership by example. Abatement of over 20% has been achieved by many customers immediately after installation. Sustainability risk reduction methodology PowerSense removes the ROI guesswork and project risk by performing a unique in situ audit with proprietary sensor units which log the minute by minute state of lights and occupancy in various areas. Real data removes the guesswork on potential savings and facilitates stakeholder buy in.
Pricing options range from once off installation costs to zero install cost with an annuity share of the savings (called Energy Performance Contracts). Hybrid pricing is also available.
With rising electricity prices and increased public and investor pressure on climate change corporate responsibility, PowerSense solutions become even more attractive. Many directors make this error. Are you? A common response is to bring in the new priesthood (sustainability consultants) to measure and report on the carbon footprint and energy efficiency potential. Information empowers, and using the 80/20 rule, one can focus energies to maximise results. While this approach sounds reasonable, it’s sub-optimal: After spending much time and money on audit reports, the “runs on the board” still read: ZERO. At that stage the board is under more pressure. Analogy: “Predicting floods doesn’t count. Building arcs counts”. We advocate a more practical, results based action plan. | 
