Commonwealth Financial Network

At a Glance

Industry

Financial Services and Insurance

Project Types

Commercial Energy Efficiency, Engagement and Behavior Change

Year

2012

Location

Waltham, MA

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Annual kWh Savings:

100,000 kWh

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Annual CO2 Reductions:

50 metric tons

Summary

Patrick Murphy investigates vending machine retrofits, computer power management, and LED lighting upgrades among other contributions.

Goals

Patrick Murphy was hired as an EDF Climate Corps fellow with Commonwealth Financial Network to identify technical, behavioral and informational energy efficiency opportunities.

Solutions

Murphy focused on initiatives such as vending machine retrofits and computer power management. He also started an audit process that will evaluate light-emitting diode (LED) lighting upgrades in the building’s commons and outdoor areas and supported Commonwealth's internal Green Team initiative. Collaborating with leaders in San Diego, Calif., and Waltham, Mass., offices, he revamped sustainability communications and coached the team through a new process for gathering employee input. The Green Team convened four bi-coastal meetings and seven active working groups during his fellowship. Finally, Murphy prepared a high-level resource guide on energy efficiency and environmental stewardship for Commonwealth’s 1,400 financial advisors nationwide.

Potential Impact

Vending machine retrofits and computer power management could reduce Commonwealth's energy consumption by 60 percent, saving $57,000, 100,000 killowatt hours and 50 tons of carbon dioxide emissions annually. 


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