Franklin Resources
At a Glance
Industry
Financial Services and Insurance
Project Types
Commercial Energy Efficiency, Engagement and Behavior Change
Year
2010
Location
San Mateo, CA
Annual CO2 Reductions:
6,000 metric tons
Summary
Dan Cantor worked on employee engagement as well as energy efficiency retrofits in office buildings.
Goals
Dan Cantor spent his summer at Franklin Templeton Investments, a global investment manager with over $602 billion in assets under management, as of 7/31/2010. Cantor is working toward an MBA/MS at the University of Michigan's Erb Institute for Global Sustainable Enterprise. His fellowship included working with the employee green team to launch an internal campaign encouraging all employees to become more energy efficient in their daily actions, analyzing efficiency opportunities in office buildings at Franklin's corporate headquarters, and quantifying the efficiency gains of two new state of the art data centers.
Solutions
The behavior change campaign is titled "My Eco Pledge" and educated employees on how much energy they could save individually and collectively by taking a variety of actions. There are random prize drawings for individual rewards, and group prizes for the floors that save the most help foster friendly competition. Opportunities for efficiency gains in the office buildings included a lighting retrofit for the parking garages, installing motion sensors in bathrooms, and the use of more aggressive computer and monitor power management.
Potential Impact
In total, Cantor identified investments in efficiency projects that could save over $320,000 in annual electricity costs and avoid over 6,000 metric tons of CO2 equivalent over the lifetime of the projects.