European businesses call for technologies to help measure energy efficiency

European businesses will struggle to hit government targets for the low carbon economy because they have no easy and consistent way of measuring their impact on the environment, claims a study by Coleman Parkes, commissioned by LogicaCMG

Of the 200 leading companies surveyed across the UK, France, Germany, Netherlands and Sweden, 92 per cent said they were 'particularly in need' of a technology that enabled them to improve their energy efficiency. Some 74 per cent 'needed a way to measure their impact on the environment' and 72 per cent said they would 'welcome a technology that helped them manage and monitor non-compliance risks'.

Over 90 per cent of companies stated that the government cannot make the required changes for the low-carbon economy 'without the support of business'. They also stressed the importance of raising awareness of any technology available that will 'help achieve these targets'.

"Most EU-based corporates are now part of the EU Emissions Trading Scheme, which therefore requires them to report on their CO2 emissions," observed Nick Caplan, chief marketing officer, LogicaCMG. "Failure to do so results in financial penalties - which hits their balance sheet."

Many companies have implemented some kind of spreadsheet to help monitor their emissions, but they are "prone to errors and aren't secure enough", Caplan reckons. www.logicacmg.com/regulatory+compliance/350232807

Image: Over 90 per cent of companies surveyed for LogicaCMG stated that the government cannot make the required changes for the low-carbon economy 'without the support of business'

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