Walmart partnered with the U.S. Department of Energy (DOE) in 2009 to develop and demonstrate energy retrofits for existing buildings. The goal was to reduce energy consumption by at least 30% versus ASHRAE Standard 90.1-2007, as part of DOE’s Commercial Building Partnerships (CBP) Program. The project presented here, the retrofit of a 213,000 square foot store in Centennial, Colorado, with efficiency measures across multiple building systems, is part of Walmart’s ongoing environmental sustainability program, which originated in 2005.
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The goal of the study was to determine the extent to which empirical evidence gathered via existing studies demonstrates that efficiency contributes to better financial performance.
Over 50 relevant studies from the market were reviewed and compiled into this summary.
While this review originally sought to cover all research on energy efficiency and financial performance, the final product focuses on “green labeled” buildings. The majority of research to date uses LEED or ENERGY STAR certifications as the means of distinguishing between efficient or sustainable buildings and conventional buildings. Specific energy efficiency measures, while proven to result in energy cost savings, have not yet been extensively evaluated for broader impacts.
This study does not represent new analysis conducted by DOE. It is a comprehensive survey and summary of the current body of research on the impacts of green labels on key components of commercial buildings’ operating statements. It does not exclude any studies or evaluate the quality of analysis.