According to the results of a study of large companies using video conferencing technology, businesses in the UK and US can cut CO2 emissions by nearly 5.5 million metric tons, the equivalent of more than one million vehicles disappearing from the roads for a year.
The study, which was commissioned by the Carbon Disclosure Project (CDP) highlighted the benefits of video conferencing, an increasingly popular technology system that enables groups of people to meet in multiple locations worldwide, while feeling as though there are all in the same room.
The report concludes that if a business with a $1 billion or more in annual revenue, implemented four video conferencing rooms they would achieve a financial return on investment within 15 months, save on nearly 900 business trips within the first year and reduce their carbon footprint by 2,271 metric tons over a period of five years. This is the equivalent of removing 434 vehicles from the road for a year.
CDP chief executive Paul Dickinson is cited on The Energy Saving Trust’s website as saying: “Companies that invest in carbon cutting technologies and re-engineer the way they do business will not only be better placed to succeed in the transition to a low- carbon economy, but can experience considerable business benefits during this transition.”
There are numerous benefits to video conferencing technology – the study also found that using the technology can improve employee productivity, speed up decision-making and give workers a better work-life balance.
“Video conferencing is a good example of a low-carbon solution that can bring financial savings and increase productivity while reducing emissions,” added Mr Dickinson.