Energy Efficiency Initiative
Saving Energy for a Sustainable Environment
The demand for energy is increasing globally, with developed countries consuming the highest amounts of energy and developing countries increasing demands for it. According to IEA, in 2018, energy demand worldwide grew by 2.3% and electricity accounts for 20% of the total final consumption of energy.
The main reasons for the increase in demand for electrical energy are due to the growing world population and increasing standards of living, particularly in developing countries.
Electrical Energy Shifts Towards Renewable Sources
As electrical energy demand escalates worldwide, the supply which depends on fossil fuels and concerns about rising carbon dioxide emissions contributing to possible global warming, became a topic where sustainability is fast becoming an ethical norm. This has led to a widespread support towards the adoption of renewables, and according to the Sustainable Development Scenario, it projects that two-thirds of the electricity supply worldwide will come from renewable energy sources by 2040.
With the shift towards the use of cleaner energy to reduce carbon emissions, on our part at Interplex, we believe we can do more in reducing our impacts to the environment.
Interplex’s Energy Efficiency Initiative
There is a fundamental attractiveness towards the adoption of clean energy for electricity, and we believe we should do more in saving electrical energy which not only reduces our carbon footprints but has cost benefits.
With the aim for Interplex to move towards becoming an energy efficient company, we started phasing out energy inefficient light bulbs across all our global facilities as a first step towards this target. In replacement of these bulbs, we introduced the use of an energy efficient substitute – LED lighting.
We have set out to accomplish the following goals:
- Convert 70% of our global facilities to 100% LED lighting by the end of fiscal year 2021
- Convert all our global facilities to 100% LED lighting by the end of fiscal year 2022
- Attain 5% energy savings across our global facilities by end of fiscal year 2022
- Reduce the lighting electricity consumption to 75MWh by end of fiscal year 2022, based on 2019’s lighting electricity consumption of 1507MWh
As of September 2020, 28% of our global facilities have 100% converted to LED lighting systems. Across our global facilities, we have converted 65% of total lighting to LED.
We will continue to phase out the energy inefficient lighting across our global facilities.
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