Organizations currently operating in Europe have to comply with the current laws related to carbon emissions and trading, while for their North American counterparts, the changing landscape of compliance mandates for carbon emissions is one of the primary drivers. North American companies have already seen the advent of new regulations with the Environmental Protection Agency (EPA) rule for mandatory Greenhouse Gas (GHG) reporting being released in May 2010.
"Energy and carbon management are the two critical components of any organization's sustainability program," explains Mehul Shah, research analyst, Aberdeen. "For nearly 72% of the 120 executives responding to this study, the investments in energy and carbon management programs this year are going to remain the same or increase as compared to last year. The capabilities highlighted in this new research have been critical in enabling the top performers to reduce emissions by 12%, energy consumption by 13%, surpass energy and operating margin goals by17% and 12%, respectively."
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