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&lt;p&gt;&quot;&lt;em&gt;Consider these numbers: $350 million in net operating savings over the projects&#39; lifetimes. 400,000 metric tons of annual greenhouse gas emissions. More than 650 million kilowatt hours of electricity per year.&lt;/em&gt;&quot; -- Victoria Mills, EDF&#39;s Managing Director for Corporate Partnerships&lt;/p&gt;&lt;p&gt;These are the savings identified this year by the 51 MBA students who participated in Environmental Defense Fund&#39;s (EDF) Climate Corps internship . &quot;Finally, an internship program that gets sustainability&quot; was my reaction back in May when I heard about the program that encourages companies to seek out sustainability efforts by focusing on energy efficiency solutions.&lt;/p&gt;&lt;p&gt;These are real numbers and carry a real ROI for companies&#39; sustainability efforts. As Mills succinctly points out: &quot;If MBA students can come up with results like these in a 10-week summer fellowship, what could happen if businesses all across the country got serious about energy efficiency.&quot;&lt;/p&gt;&lt;p&gt;Celebrating the fellows that allowed us to be a part of their summer internships this year, here are a few examples of what they accomplished with companies like PepsiCo, News Corp, eBay, RBS/Citizens Bank and Yahoo!:&lt;/p&gt;&lt;h3&gt;Jonathan Stone, Stern School of Business, New York University: Identified savings of 942 metric tons of CO2 emissions per year&lt;/h3&gt;&lt;p&gt;“&lt;em&gt;Is this thing on?&lt;/em&gt;” – Yes it is. The entire building is...ON. And quite bright! This from Jonathan Stone&#39;s first post succinctly puts his experience with News Corporation this summer. Stone spent the summer at Dow Jones&#39; Bronx Printing Plant where he worked to identify and implement energy efficiency projects that would decrease the company&#39;s carbon footprint and increase its bottom line. His main project in this regard was spearheading a $230,000 lighting retrofit that could improve the plant&#39;s lighting quality and worker productivity while simultaneously decreasing their energy costs and associated carbon footprint.&lt;/p&gt;&lt;p&gt;In total, Stone identified projects that could reduce annual energy costs by approximately $179,524, saving 899,903 kilowatt hours of energy per year and reducing 942 metric tons of greenhouse gas emissions.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Jay&#39;s Intern Diary: &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;EDF Climate Corps Fellow Wraps Up at News Corp With Big Results&lt;/p&gt;&lt;p&gt;Thermostat Wars &amp;amp; Energy Efficiency&lt;/p&gt;&lt;p&gt;EDF Climate Corps Fellow Begins Search for Energy Efficiency Savings at News Corp&lt;/p&gt;&lt;h3&gt;Peter Petropoulos, Booth School of Business, University of Chicago: Identified savings of 1,200 metric tons of CO2 emissions per year&lt;/h3&gt;&lt;p&gt;&quot;&lt;em&gt;Walking into PepsiCo for the first time and realizing that its LEED Gold certified headquarters is just up the street from my project was a bit intimidating for a student searching for environmental opportunities.&lt;/em&gt;&quot;&lt;/p&gt;&lt;p&gt;Peter Petropoulos spent his summer immersed in the LEED rating system at PepsiCo in its ‘business information solutions&#39; headquarters in Plano, Texas. Petropoulos performed a gap analysis between the facility and LEED certification. Energy intensity, measured by the buildings Energy Star rating, was a critical hurdle to overcome during the analysis. This hurdle represented opportunity for PepsiCo to invest in energy efficiency and get a return on its LEED investment.&lt;/p&gt;&lt;p&gt;His projects can result in a total reduction in annual energy consumption by approximately 1.9 million kWh for PepsiCo, reducing operating costs by $195,000, and avoiding 1,200 metric tons in CO2 emissions. These investments have a net present value of $1.2 million of their respective lifetimes.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Peter&#39;s Intern Diary: &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;LEEDing the Way at PepsiCo&lt;/p&gt;&lt;p&gt;Keeping Score at PepsiCo&lt;/p&gt;&lt;h3&gt;Megan Rast, Haas School of Business, University of California, Berkeley: Identified savings of 4,857 metric tons of CO2 emissions per year&lt;/h3&gt;&lt;p&gt;&quot;&lt;em&gt;When it comes to computers, a higher-performing machine uses more energy. For example, while it is true that a laptop consumes less energy than a desktop during the use stage of its lifecycle, the performance capability of a laptop may be insufficient for certain IT environments, particularly those that run 24/7 and are heavily used for multimedia and programming&lt;/em&gt;.&quot;&lt;/p&gt;&lt;p&gt;As an EDF Climate Corps fellow with eBay, Megan Rast took the challenge to make the business case for energy efficiency and carbon reduction initiatives this summer. Rast worked out of eBay&#39;s headquarters in San Jose providing valuable expertise as a sustainability expert, calculating energy and cost savings of seven energy efficiency projects for computer power management and lighting, as well as engaging external and internal stakeholders on renewable energy opportunities.&lt;/p&gt;&lt;p&gt;The recommended energy efficiency projects when fully implemented, could result in 6,996,549kWh of annual electricity savings, more than $1.5 million NPV of cost savings, and 4,857 metric tons of CO2 emissions reductions, and have an average simple payback period of 1.16 years.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Megan&#39;s Intern Diary: &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Bidding Farewell to eBay: Four Takeaways For Working in Sustainability&lt;/p&gt;&lt;p&gt;Hunting for Energy Efficiency at eBay&lt;/p&gt;&lt;p&gt;Does the Software Side of Energy Efficiency Signal the Next Wave of Startups?&lt;/p&gt;&lt;h3&gt;Jim Wilson, Fuqua School of Business, Duke University: Identified savings of 17,145 metric tons of CO2 emissions&lt;/h3&gt;&lt;p&gt;&quot;&lt;em&gt;What do you get as a gift for the person who has everything? Though most of us won&#39;t have to face this dilemma until the holidays, I find that being an EDF Climate Corps Fellow at Yahoo similarly stretches my creative limits because I&#39;m being asked to uncover energy efficiency opportunities at an already very green company.&lt;/em&gt;&quot;&lt;/p&gt;&lt;p&gt;Jim Wilson spent his summer at Yahoo! Inc. evaluating its current power consumption metrics for both domestic and international data centers to determine the company&#39;s current carbon footprint as well as scouting prospective future sites.&lt;/p&gt;&lt;p&gt;Wilson also worked on a project studying the Japanese Variable Refrigerant Flow (VRF) air conditioning model, investigating whether certain components at Yahoo’s Sunnyvale, Calif., headquarters could be retro-fitted with this technology.&lt;/p&gt;&lt;p&gt;Since these systems are designed to be installed using tiny piping that requires little additional drilling, Wilson’s plan could reduce HVAC Load in Yahoo&#39;s Headquarters by 10% – which could cut Yahoo’s electric bills by almost $400,000.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Jim&#39;s Intern Diary: &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;The World Wide Web of Green&lt;/p&gt;&lt;h3&gt;Stuart DeCew, Yale School of Management and Yale School of Forestry &amp;amp; Environmental Studies, Yale University: Identified savings of more than 2,500 metric tons of CO2 emissions per year&lt;/h3&gt;&lt;p&gt;&quot;&lt;em&gt;Simply put, better data on an investment means a stronger case. With these numbers, RBS/Citizens will have the necessary information to determine exactly how future capital expenditures could reduce the operating expenses of a building and give the company a competitive advantage.&lt;/em&gt;&quot;&lt;/p&gt;&lt;p&gt;This from Stuart DeCew&#39;s first couple of weeks at RBS Citizens Financial Group. DeCew spent this summer at the bank&#39;s headquarters identifying a number of opportunities to reduce operating costs and energy consumption throughout the company&#39;s portfolio of properties. Throughout the summer, DeCew focused his attention on identifying and analyzing a variety of energy efficiency projects at seven facilities that account for almost 20% of the company&#39;s total energy use in the US.&lt;/p&gt;&lt;p&gt;With the support and guidance of RBS Citizens employees at these seven facilities, DeCew developed a comprehensive business case for significant financial investments in a number of energy efficiency initiatives. These initiatives have the potential to save the bank over $620,000 in annual energy and operating costs, reduce energy consumption by over 4,670,000 kWh and eliminate an estimated 2,338 metric tons of CO2 – the equivalent of removing almost 390 SUVs from the road.&lt;/p&gt;&lt;p&gt;His other projects could save an estimated $75,000 annually in energy costs, almost 550,000 kWh of energy use and eliminate 220 metric tons of CO2.&lt;/p&gt;&lt;p&gt;&lt;strong&gt;Stuart&#39;s Intern Diary:&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;Reporting from RBS Citizens Bank on LEED &amp;amp; Energy Efficiency&lt;/p&gt;&lt;p&gt;Hot, Costly &amp;amp; Crowded&lt;/p&gt;&lt;p&gt;And finally, a chance to put some faces to these incredible Fellows:&lt;/p&gt;&lt;p&gt;&lt;object style=&quot;display: block; margin-left: auto; margin-right: auto;&quot; width=&quot;384&quot; height=&quot;308&quot; data=&quot;https://www.youtube.com/v/EaCqgujNW_U?fs=1&amp;amp;hl=en_US&amp;amp;rel=0&quot; type=&quot;application/x-shockwave-flash&quot;&gt;&lt;param name=&quot;data&quot; value=&quot;https://www.youtube.com/v/EaCqgujNW_U?fs=1&amp;amp;hl=en_US&amp;amp;rel=0&quot; /&gt;&lt;param name=&quot;allowFullScreen&quot; value=&quot;true&quot; /&gt;&lt;param name=&quot;allowscriptaccess&quot; value=&quot;always&quot; /&gt;&lt;param name=&quot;src&quot; value=&quot;https://www.youtube.com/v/EaCqgujNW_U?fs=1&amp;amp;hl=en_US&amp;amp;rel=0&quot; /&gt;&lt;param name=&quot;allowfullscreen&quot; value=&quot;true&quot; /&gt;&lt;/object&gt;&lt;/p&gt;

Aman Singh Das

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