The World Wildlife Fund Combined with the CDP (Carbon Disclosure Project) issued a report in 2013 that provided both a dire warning, but also suggested a major positive opportunity for big business: Take action now to reduce your greenhouse gas (GHG) outputs — and doing so may fatten your bottom line by billions.
A number of the world’s largest corporations took the report seriously including OSI Industries, LLC, one of the world’s largest meat processing operations with 65 locations in 17 countries. Since 2013, OSI has been working hard to reduce the amount of energy it needs to process meats for human consumption, while also continuing to expand and thrive as a business.
The goal of OSI was to reduce its overall greenhouse gas (GHG) emission by 5 percent by 2020 using a baseline emission level determined in 2012.
So far, OSI has made great strides. For example, a pilot program at one of its Iowa-based processing facilities cut back energy usage by 10 million kWh by reducing the amount of energy used on refrigeration. The program was expanded to other plants and 20 million kWh overall was saved over a 3.5 year period.
There have been challenges. Company officials note that significant changes have occurred in products manufactured and conversion procedures that skew the GHG reduction comparison over time. More value-added products have been demanded by customers since 2012. This naturally led to more energy use.
However, despite using more energy to keep up with demand, OSI Group reports an overall emission reduction of -34.4% — far ahead of its original carbon reduction goal schedule.
According to indeed.com reducing Greenhouse gas (GHG) is not only good for the environment, but bolsters profits through energy saving and other efficiencies. As the WWF-CDP report makes clear, running a greener business also means running a more profitable business.
Visit osigroup.com for more details about the company.