Dow awarded for leadership in energy management
Date: 27 May 2006
Dow has been recognised for outstanding leadership in energy management by the annual Industrial Energy Technology Conference, citing the companies success in pursuing aggressive energy efficiency goals.
The company has reduced its energy intensity by 22 percent over ten years. It has used Six Sigma management approaches to support best practice programmes, as well as supporting programmes to help other energy users to save power.
The company's efforts have saved it approximately $4bn, helping to defend it against rising energy costs and reducing greenhouse gas emissions. This month, the company announced a new goals of reducing its energy intensity by a further 25 percent.
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In a recent article, the BBC's economics editor Robert Peston highlighted the fact that in 2012 the chances are that the economy - punch drunk as it is from the various flavours of debt crisis it has been pummelled with over the course of the year - will be hit by the collapse of a major bank and / or government.
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