Energy Management
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Apparel companies are investing in strategies to reduce their energy usage through practices that focus on reducing greenhouse gas emissions and changing distribution methods.
Sustainability Strategy: Energy Management
Sustainability Strategy Definition: Company focuses on practices to decrease greenhouse gas emissions by focusing on improving energy efficiency, changing distributions modes, and increasing the use of renewable energy
Mediating Factors:
- Customer Loyalty: Attract an increasing number of conscious buyers & consumers, while reducing retention costs
- Employee Relations: Improve employee workplace culture and retain talent
- Operational Efficiency: Optimize corporate and supply chain efficiencies to lower cost and increase profits
- Risk Management: Encourage risk mitigation and resilience within the value chain
- Sales and Marketing: Increase volume of sales through brand and marketing policies
- Supplier Relations: Improve upon the relationships between the company and its suppliers
- Stakeholder Engagement: Improve goodwill amongst the broader stakeholder community (i.e. NGOs)
Mapping Sustainability Strategies, Practices, and Sub-Practices Across the Value Chain
Energy Management Walkthrough
Interested in learning how your company can invest in sustainability strategies like energy management? NYU Stern CSB offers a deeper dive into the practices, sub-practices, mediating factors surrounding this sustainability strategy.
Monetization Toolkit
Interested in how we quantify apparel sustainability strategies? Explore NYU Stern CSB's Excel Toolkit that we use to help organizations understand how investing in sustainability initiatives can benefit their bottom line.