EnerNOC, PwC, and Winston Eco-Strategies Release New Strategy Brief, “Energy Strategy for the C-Suite: From Cost Center to ...
June 08 2016 - 8:34AM
New Framework Outlines How Business Leaders Can
Create Long-Term Value
EnerNOC, Inc. (Nasdaq:ENOC), a leading provider of energy
intelligence software (EIS) and demand response solutions, PwC, one
of the world's largest providers of business consulting services,
and Winston Eco-Strategies, a sustainability consulting firm
spearheaded by author and strategist Andrew Winston, today
announced the release of a new strategy brief, “Energy Strategy for
the C-Suite: From Cost Center to Competitive Advantage.” The brief
was developed with input from an advisory council comprised of
leading business executives, academics, and industry thought
leaders. It outlines a series of emerging leading practices—the
Unified Approach to Energy Transformation—that connect energy
strategy to broader global megatrends, and discusses value creation
opportunities created by major transformations in the energy
market.
“There are many frameworks and standards for energy management
that focus on operational best practices within the four walls of
an office or plant, but few adequately connect energy strategy to
the global trends that keep executives up at night. As a result,
energy is typically delegated down to facility-level managers,
where it is disconnected from broader corporate strategy,” said Tim
Healy, Chairman and CEO of EnerNOC. “We’re at the beginning of a
new era where an effective energy strategy is essential to
remaining competitive in the marketplace. Too many executives lack
an understanding of their organization’s energy maturity or where
they are trailing their peers. The Unified Approach to Energy
Transformation seeks to solve this imbalance, and outlines a
roadmap for proactive energy strategy that positions businesses to
remain competitive and thrive in the years ahead.”
“This new approach crystallizes insights gleaned from the
collective experience that EnerNOC, Winston Eco-Strategies, and PwC
have gained by working with senior executives at some of the
world’s largest businesses who are grappling with a new set of
energy challenges,” said George Favaloro, Managing Director,
Sustainable Business Solutions at PwC. “The strategy brief explores
how businesses can capitalize on energy strategy to deliver short-,
medium-, and longer-term business value, and provides an actionable
set of emerging practices that can raise business performance to a
new level.”
"As the world moves quickly to reduce carbon emissions and
change how energy is produced and used, companies are facing
unavoidable demands—from governments, employees, and customers—to
manage their energy footprints closely," said Andrew Winston,
Founder of Winston Eco-Strategies and author of The Big Pivot.
"The businesses that view energy more strategically will lower
their costs and risks, but also drive innovation and build their
brands in a world of rising expectations. The risks and
opportunities surrounding energy are enormous, so with this
strategy guide, we hope to move energy issues into the C-suite
where they belong."
Advisory council members that contributed to this strategy brief
include thought leaders, executives, and faculty members
from Black Coral Capital, Boston Properties, Cargill, Eaton, Goby,
Harvard University, Starwood Hotels and Resorts, SunPower, United
States Environmental Protection Agency/ENERGY STAR, University of
Massachusetts Boston, and WeSpire.
To learn more about the Unified Approach to Energy
Transformation, go to:
https://www.enernoc.com/unified-approach-energy-strategy
About EnerNOC
EnerNOC is a leading provider of energy intelligence software
(EIS) and demand response solutions. With capabilities to better
address budgets and procurement, utility bill management, facility
analysis and optimization, sustainability and reporting, project
tracking, and demand management, EnerNOC's SaaS platform helps
enterprises control energy costs, mitigate risk, and streamline
compliance and sustainability reporting. EnerNOC also offers access
to more demand response programs worldwide than any other provider,
offering enterprises a valuable payment stream to further enhance
bottom line results and utilities and grid operators a reliable,
cost-effective demand-side resource. For more information, visit
www.enernoc.com.
About PwC
At PwC, our purpose is to build trust in society and solve
important problems. We’re a network of firms in 157 countries with
more than 208,000 people who are committed to delivering quality in
assurance, advisory and tax services. Find out more and tell us
what matters to you by visiting us at www.pwc.com.
PwC refers to the PwC network and/or one or more of its member
firms, each of which is a separate legal entity. Please see
www.pwc.com/structure for further details.
Safe Harbor Statement
Statements in this press release regarding management’s future
expectations, beliefs, intentions, goals, strategies, plans or
prospects, including, without limitation, statements relating to
the future growth and success of the Company’s energy intelligence
software, and the benefits that customers may derive from
technology updates or enhancements to that software, may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 and other federal
securities laws. Forward-looking statements can be identified by
terminology such as “anticipate,” “believe,” “could,” “could
increase the likelihood,” “estimate,” “expect,” “intend,” “is
planned,” “may,” “should,” “will,” “will enable,” “would be
expected,” “look forward,” “may provide,” “would” or similar terms,
variations of such terms or the negative of those terms. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors including those risks,
uncertainties and factors referred to under the section “Risk
Factors” in EnerNOC’s most recent Annual Report on Form 10-K and
subsequent Quarterly Reports on Form 10-Q, as well as other
documents that may be filed by EnerNOC from time to time with the
Securities and Exchange Commission. As a result of such risks,
uncertainties and factors, the Company’s actual results may differ
materially from any future results, performance or achievements
discussed in or implied by the forward-looking statements contained
herein. EnerNOC is providing the information in this press release
as of this date and assumes no obligations to update the
information included in this press release or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
EnerNOC Contacts:
Robin Woodcock
617.692.2601
news@enernoc.com
Christopher Sands
617.692.2569
ir@enernoc.com
PwC Contact:
Jane Nam
646.428.9055
jane.nam@pwc.com
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