Case Studies
Major Investment Bank
Major Investment Bank Asks Gotham 360 to Advise Bank on Energy
When the bank needed assistance managing their energy initiatives, they called on Gotham 360
to become the bank leader’s Energy Advisor. Helping the bank save Millions is just one accomplishment of the strategic energy programs developed and implemented by Gotham 360.
The Client One of the leading investment banks in the world with a concentrated base of operations in New York and New Jersey and over 3.5MM sq. ft. of real estate, housing all of their commercial services and data operations.
The Challenge for the bank is managing rising energy costs and future needs to allow for growth of the firm. As the Energy Advisor for the bank, Gotham 360 is responsible for all facets of energy procurement for this portfolio.
The Solution by Gotham 360 included a detailed plan to assist the client with:
◄ navigating volatile markets across all their energy spends
◄ RFP issuances
◄ contract facilitations
◄ energy audits and energy subsidy sourcing
◄ budget tracking
◄ evaluate future energy needs based on organic growth of the firm
In addition, Gotham 360 is helping the bank measure, qualify, and develop a comprehensive GHG reduction initiative to meet the internal goals of the bank. The bank is becoming a leading participant in the sustainable and renewable energy sourcing that is so critical to businesses today.
The Results of Gotham 360’s procurement strategies have contributed to a combined savings of $2.2M over a 3 year period for the bank. Additional accomplishments for the client include helping the bank obtain over $1.8M in energy program subsidies from State and local agencies. Gotham 360 also developed and implemented energy conservation measures that have translated to over $465,000 in annual savings.
Gotham 360 has developed an online global carbon tracking tool which monitors and measures the global the bank's carbon footprint. This tool has been an instrumental and integral part of the bank’s compliance with the KYOTO protocol and USGBC goals. |