Enterprise chopping energy costs by $50m - Car Rental News
Enterprise chopping energy costs by $50m
Car Rental News - 07/06/2010
Car rental firm’s energy-saving plan aims to slash bills by $50 million and energy use by one-fifth.
Enterprise Holdings, the group that owns Alamo Rent A Car, National Car Rental, and Enterprise Rent-A-Car, said Thursday that it is launching a full energy-conservation initiative that aims to slash energy use by 20 per cent and cut the company’s energy costs by $50 million dollars over five years. Called 20/20 Vision, the sustainability programme was first launched last year in a few markets.
Now, Enterprise said it is to roll the programme out across its 7,600 neighbourhood facilities and airport locations. The programme focuses on investment in power-saving technology and conservation practices. Enterprise will also be investing in a range of fuel-efficient, hybrid and biofuel vehicles for its various fleets.
Enterprise is investing tens of thousands of dollars in energy-efficient lighting for its headquarters and its administrative offices. This is being supplemented by spending an average of nearly a thousand dollars at every retail location on new lighting that will cut energy use by up to 70 per cent.
The company has pledged to plant 50 million trees in the next 50 years. Between Enterprise’s customer carbon offset programme and matching contributions from its charitable foundation, $440,000 was raised for carbon offset projects.