HOFFMAN ESTATES, Ill., March 18, 2013 /PRNewswire/ -- The U.S. Environmental Protection Agency (EPA) has recognized Sears Holdings (NASDAQ: SHLD) with a 2013 ENERGY STAR Partner of the Year - Sustained Excellence Award for its continued leadership in protecting the environment through superior energy efficiency. This year, Sears Holdings is being awarded for both its role as a retailer of ENERGY STAR certified products and for energy management in its stores. Sears Holdings' accomplishments will be recognized at an awards ceremony in Washington, D.C., on March 26, 2013.
Sears Holdings, an ENERGY STAR partner since 1998, will be honored for its long-term commitment to energy efficiency. Sears Holdings demonstrates impressive commitment to providing a wide-array of ENERGY STAR products and services, along with superior energy management across its building portfolio, coupled with enhanced associate and consumer education to drive awareness and adoption of energy efficiency and climate protection. The company's related accomplishments last year include:
- Energy Savings: In 2012, Sears Holdings' total weather normalized source energy usage decreased by 2,872,416,518 kbtu, a reduction of more than 7 percent over last year. Additionally, the company reduced average weather normalized source energy intensity to 133.9 kbtu/sqft, a 7.1 percent reduction over 2011. This reduction of EUI was made possible by energy savings across all of the Sears Holdings formats. Furthermore, the company reduced electricity usage by nearly 220,000,000 kWh, a 6.6 percent savings over the previous year.
- Product Selection: The introduction of the Kenmore Connect platform was among interesting developments at Sears in 2012. Sears looks forward to the continued expansion of the platform in the future and the potential for integration with the ENERGY STAR program and overall energy efficiency. Additionally, Sears also experienced growth across its portfolio in the Most Efficient program and now offers 48 clothes washers and 11 refrigerators. This is a differentiation that is important in continuing to be a market leader with ENERGY STAR.
- Marketing: In 2012, the company continued to communicate its environmental leadership to its SHOP YOUR WAY Members and customers through its dedicated Sears and Kmart green websites (Sears.com/green and Kmart.com/green). Social media has also remained a feature of Sears strategy this year it utilized company Facebook, Twitter and team specific Twitter channels to deliver its sustainability message.
- Partnership: Sears' strong relationship with local utilities differentiates the company from other retailers. Through Sears Green Leadership team, it is able to capitalize on these relationships to drive traffic to its stores and generate awareness for the ENERGY STAR brand.
"EPA is recognizing Sears Holdings for earning EPA's highest ENERGY STAR award - the 2013 Partner of the Year - Sustained Excellence Award," said Bob Perciasepe, Acting Administrator, U.S. Environmental Protection Agency. "Sears Holdings leads the field with its commitment to energy efficiency and demonstrates how all Americans can save energy, save money, and create a healthier environment."
Across the U.S., top companies and organizations are leading the way toward a more energy-efficient future through their participation in ENERGY STAR.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV