Summit News Room
FM Global named Business Leader for Energy Efficiency
Rhode Island’s Largest Private Company Recognized for Its Commitment to Achieving Significant Energy Savings
LEXINGTON, MA – Northeast Energy Efficiency Partnerships (NEEP) has announced that FM Global, one of the world’s largest commercial property insurers, will be recognized as a ‘Business Leader for Energy Efficiency’ at the Northeast Energy Efficiency Summit in Warwick, RI on June 8, 2011. Nominated by National Grid, the mutual insurance company is being honored for its tremendous effort in keeping energy efficiency a guiding principle throughout the construction of its 366,660 sq. ft., corporate headquarters based in Johnston, RI. Using many energy-efficient measures, FM Global conserves more than 3 million kWh per year—a cost savings of more than $350,000—which, in large part, ranks the office building among Rhode Island’s greenest.
Prior to opening its new corporate headquarters in 2009, FM Global worked with National Grid’s Comprehensive Design Analysis (CDA) Program to identify energy conservation opportunities such as:
- Evaporative cooled compressor which uses water to cool the condenser
- Variable frequency drives and lighting controls that reduce energy during low-use periods
- EMS (Energy Management System) monitoring and high-efficiency motors for the HVAC system
- Highly-efficient office lighting
- Use of energy efficient gas boilers, water heaters and wall insulation
- Reflective roof coating that captures natural sunlight
These features make the new complex 40 percent more energy efficient than FM Global’s previous office building and 23 percent more energy efficient than similar buildings designed to standard energy requirements. Additionally, the building raises water efficiency, improves air quality and harvests natural daylight.
"National Grid is pleased that we could assist FM Global with our energy efficiency programs to improve their carbon reduction and energy savings goals," said Edward White, vice president of Customer & Business Strategy for National Grid. "We are committed to helping customers save energy, and through our collective power of action, work together for significant environmental benefits."
“For more than 175 years, we’ve believed it’s vitally important to construct buildings that are built to last, minimize environmental impact, and promote the health and wellness of employees who work in them,” said Don Oldmixon, vice president of real estate for FM Global.”
“NEEP is proud to recognize FM Global and National Grid for their collaborative success in making efficiency matter,” said Sue Coakley, Executive Director of NEEP. “FM Global provides an excellent example of how energy efficient measures can improve a company’s bottom line, contribute to economic growth and reduce environmental impact. The company is a model for others to follow.”
FM Global will be recognized, along with 11 other Northeast Energy Efficiency Business Leaders at the 2011 Northeast Energy Efficiency Summit. Members of the media are invited to attend at no charge. For more information about the Summit and Business Leaders Recognition program, please visit http://neep.org/neep-summit.
Other 2011 Northeast Business Leaders for Energy Efficiency include: BAE Systems, Inc., Nashua, NH; Building Land & Technology, Stamford, CT; Cabot Creamery, Cabot, VT; Cape Air, Hyannis, MA; Massachusetts Institute of Technology, Cambridge, MA; Plenus Group, Lowell, MA; Positive Promotions, Hauppauge, NY; PTI Industries, Enfield, CT; St. Paul's School, Concord, NH; Westfield Trumbull Shopping Center, Trumbull CT; Yankee Candle, South Deerfield, MA.
About the Northeast Energy Efficiency Summit
NEEP's Northeast Energy Efficiency Summit, June 7-8, is the premier regional forum to learn about and become involved in energy efficiency in the Northeast. This two-day event brings together leaders from across the region in public policy, business, energy efficiency solutions, and consumer and environmental advocacy to support the vision of energy efficiency as a solution to the challenge of reliable and clean energy. Esteemed speakers plus exhibits from up to 40 exhibitors will also showcase the benefits, successes and challenges of public policies and programs that advance energy efficiency as the leading clean energy resource for the Northeast. Register and find out about Sponsorship and Exhibitor opportunities today at www.neep.org/neep-summit
About NEEP
NEEP is a non-profit organization that transforms the way we use and think about energy. Through advocacy, collaboration and education we focus on three areas where we believe energy efficiency can have the greatest impact: buildings, high efficiency products & best practices. Our unique approach helps bring together all stakeholders to accelerate energy efficiency and highlight its impacts on the region, the economy, and the planet. For more information, visit www.neep.org.
About FM Global
Established in Rhode Island more than 175 years ago, FM Global (www.fmglobal.com) is a $4.8 billion company that insures more than one out of every three FORTUNE 1000 companies and similar-sized organizations in 130 countries. Clients work with FM Global to develop robust property insurance and engineering solutions to protect their business operations from fire, natural disasters and other types of property risk. The company, ranked 570 among FORTUNE Magazine’s largest companies in America, employs 5,100 people in 65 offices worldwide—one-third of which work at the insurer’s corporate headquarters in Johnston, R.I. and Research Campus in West Glocester, R.I. (1,000 employees) and at its Norwood and Waltham office locations in Massachusetts (750 employees).
About National Grid
National Grid is an international energy delivery company. In the U.S., National Grid delivers electricity to approximately 3.3 million customers in Massachusetts, New Hampshire, New York and Rhode Island, and manages the electricity network on Long Island under an agreement with the Long Island Power Authority (LIPA). It is the largest distributor of natural gas in the northeastern U.S., serving approximately 3.4 million customers in Massachusetts, New Hampshire, New York and Rhode Island. National Grid also owns over 4,000 megawatts of contracted electricity generation that provides power to over one million LIPA customers.
Contact: Carrie Nash
Strategic Marketing Manager
W: 781-860-9177 Ext. 125
Visit our website: www.neep.org or our blog: www.energyefficiencymatters.org
Follow NEEP on Twitter: www.twitter.com/NEEPenergy
