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Not only is this the ‘need of the hour’ all over the world, especially for high energy usage businesses, it is particularly vital in the Pakistani context, where the country is facing a huge shortfall of energy of 3000 to 4000 megawatts, or about 25 percent of demand, and with no long-term solution in sight.
Any business that works towards significantly reducing its energy consumption is therefore doing a national service.
The first step was to comprehend the situation and collect data.
Many in fact are already even reaping the benefits.
If CSR reporting is any indicator, the figures for CSR reporting amongst the top 100 companies are nearly 90% in the UK, over 80% in Japan and about 60% in the USA.
It is an excellent example of the business case for CSR, which other companies can also follow, developing their own models in line with their own businesses. s leading food processing and packaging solutions company, Tetra Pak, started its operations in Pakistan 29 years ago in 1982. And in March 2011 Tetra Pak Pakistan commenced production at a new state-of-the-art factory, set up with an investment of nearly Euro 100 million.
Throughout this growth period, the company has ensured that its business runs in an environmentally sound and sustainable manner, believing in “responsible industry leadership, creating profitable growth in harmony with environmental sustainability, and good corporate citizenship.” This business ethos of course comes down from the parent company which has for long followed a triple bottom line approach to its business.
At first the internal energy guidelines of Tetra Pak were thoroughly examined.