Green Switch calculation references

• Cities use around 78% of the world’s energy, accounting for more than 60% of its greenhouse gas emissions: “Generating power” – n.d.

https://www.un.org/en/climatechange/climate-solutions/cities-pollution

• Lighting accounts for around 17% of energy usage in schools: “COMMERCIAL BUILDINGS ENERGY CONSUMPTION SURVEY (CBECS)” – May 2019

https://www.eia.gov/consumption/commercial/data/2012/c&e/cfm/e1.php

• 16% of hospitals’ energy costs: “Managing-energy-use-in-our-hospitals” – n.d.

https://www.researchgate.net/publication/324991116_The_Role_of_Exergy_in_Energy_and_the_Environment

• Street lighting alone can use up to 40% of a municipality’s electricity budget: “Public lighting toolbox for municipal energy efficiency implementation” – n.d.

https://c2e2.unepccc.org/collection/public-lighting-toolbox-for-municipal-energy-efficiency-implementation/

• In the EU, for example, the new Energy Efficiency Directive seeks to make all new public buildings zero emission by 2027: “Energy Efficiency Directive” n.d.

https://energy.ec.europa.eu/topics/energy-efficiency/energy-efficiency-targets-directive-and-rules/energy-efficiency-directive_en

• In the US, for example, the 179D tax deduction of $5.00 per square foot can be applied to federal: ““Energy Efficiency Directive” n.d.

https://energy.ec.europa.eu/topics/energy-efficiency/energy-efficiency-targets-directive-and-rules/energy-efficiency-directive_en

• 30% of listed companies now use sustainability-linked performance measures in their plans: “OECD Secretary-General’s Second Report to G20 Finance Ministers and Central Bank Governors on the Review of the G20/OECD Principles of Corporate Governance” – July 2022

https://t4.oecd.org/corporate/OECD-Secretary-General-Report-G20-FMCBG-Review-G20-OECD-Principles-Corporate-Governance-2022.pdf

• 73% of executives said that becoming a “truly sustainable and responsible business” was a top priority for their organization over the next three years: “Shaping the Sustainable Organization” – 2021

https://www.accenture.com/content/dam/accenture/final/a-com-migration/thought-leadership-assets/accenture-shaping-the-sustainable-organization-report.pdf

• $23 trillion globally over the last two years— around a quarter of all professionally managed assets: “Sustainable investment – Impact Asia – 2019

https://sdgfinance.undp.org/sites/default/files/Sustainable%20Investment%20-%20Impact%20in%20Asia.pdf

• 21% higher EBITDA margin: “Shaping the Sustainable Organization” – 2021

https://www.accenture.com/content/dam/accenture/final/a-com-migration/thought-leadership-assets/accenture-shaping-the-sustainable-organization-report.pdf

• “…through programs such as the EU Green Deal”:  “The European Green Deal - Striving to be the first climate-neutral continent” – n.d.

https://commission.europa.eu/strategy-and-policy/priorities-2019-2024/european-green-deal_en

• “…the US Inflation Reduction Act: “The Inflation Reduction Act and U.S. Business Investment“ – 16 August 2023

https://home.treasury.gov/news/featured-stories/the-inflation-reduction-act-and-us-business-investment

• Infrastructure Investment and Jobs Act: “UPDATED FACT SHEET: Bipartisan Infrastructure Investment and Jobs Act” -  02 August 2021

https://www.whitehouse.gov/briefing-room/statements-releases/2021/08/02/updated-fact-sheet-bipartisan-infrastructure-investment-and-jobs-act/

• New China Infrastructure Plan: “The New China Infrastructure Plan: Opportunities for Foreign Investors” – 05 November 2020

https://joinhorizons.com/new-china-infrastructure-plan-opportunities/

• Signify offers Light-as-aService (LaaS)