Tiffany & Co.
At a Glance
Industry
Retail and Apparel
Project Type
Commercial Energy Efficiency
Year
2014
Location
New York, NY
Summary
Sara Abid provided business case analysis and energy audit recommendations for Tiffany & Co.
Goals
Saba Abid worked at Tiffany & Co. on initiatives to help the company achieve its goal of a 20% carbon footprint reduction.
Solutions
Abid built the business case for replacing halogen lights in 66 stores with energy efficient LED fixtures. Using annual electricity usage for stores, Abid also identified stores which had inefficient energy consumption based on their kWh per square foot and proposed energy audits.
Potential Impact
Abid's audits will be used to explore opportunities where energy reduction can be achieved in the most cost-effective manner. The LED project is projected to return savings of $ 5.7 million in five years. This project is also expected to save 2,500 tons of greenhouse gas emissions and contribute to a 6 percent reduction in the carbon footprint.