Investments in energy efficiency helps Microsoft save $10 Million

November 23, 2016 5:28 pm | Updated 2 weeks ago.

Every year by investing in energy efficiency, more than $10 million has been saved every year and emissions of carbons is reduced by the equivalent of 7.5 million tones. Since July 2012, the company had purchased more than 10 billion kilowatt-hours of ‘green power’ for lighting up its offices. All these facts were highlighted in its white paper released at the COP-22 United Nations Climate Change Conference in Marrakech in Morocco.

“We seek to serve as a model in our commitment to environmental sustainability by delivering on our carbon neutrality commitment and uncovering new ways technology can help us better understand our planet,” says the paper, quoting Microsoft CEO Satya Nadella. “Since we implemented the carbon fee (July 2012), we have reinvested a portion of the carbon fee investment fund into our company through a range of internal carbon reduction initiatives, such as lighting equipment upgrades and e-waste recycling,”.

He further added, “Specifically, part of the cost of energy that we consume from carbon-based sources is ultimately redirected to invest in projects that reduce the environmental impact of our operationally controlled facilities.”

 

Source: http://www.news18.com/news/tech/microsoft-saves-10-million-every-year-through-carbon-offset-1314769.html

Date of publication: November 23, 2016