LANCASTER, N.Y., October 1, 2009 – Ecology and Environment, Inc., (NASDAQ: EEI) announced today that it has achieved an 80-percent reduction in annual carbon emissions associated with building energy use at its global headquarters in Lancaster, N.Y. The company’s achievement, accomplished in just nine years, is the result of a series of measures, targeted toward not only infrastructure improvements but the direct engagement of employees in energy efficiency, that have also netted hundreds of thousands of dollars in savings.
“Climate change experts have been debating the crucial need for carbon footprint reduction over the past 25 years, and are recommending an 83-percent reduction in global greenhouse gas emissions by 2050,” said E & E president and CEO Kevin Neumaier. “Based on our experience this goal is not only achievable, but if done right will foster an economic gain. Without enough data and real world examples, some fear that greenhouse gas reduction initiatives will cripple the world economy. E & E?s experience over the past 9 years is that there is a path to meeting global targets, and it provides great ROI.”
Efforts implemented between the baseline year of 1999 and 2008 specifically enabled the company to achieve a 37 percent (12,000-ccf) reduction in natural gas usage and 23 percent (198,000-kWh) reduction in electricity usage. Furthermore, comparing associated upfront costs of approximately $58,000 for energy conservation measures plus $20,000 for the purchase of Renewable Energy Credits (low-impact wind and hydro power) with an estimated $310,000 in energy cost savings from 1999 to 2008, the company saved approximately $232,000 over the nine-year period. Based on current energy costs, E & E additionally estimates annual savings of $43,000 relative to energy costs that would have been accrued prior to implementing its energy conservation measures.