Problems We Solve
Fortune 500 companies aspire to become more sustainable businesses. However, they struggle upgrading their facilities with sustainable technologies because of many internal and external challenges. Internal challenges:
1. Staff Resources: Research is required to understand sustainable technologies. Each site requires different solutions, and the total volume of projects is immense. These responsibilities are added to their existing day jobs.
2. Capital: The leadership of large organizations often make bold sustainability/ decarbonization statements. Unfortunately, their implementation budgets are often inadequate. Capital is rightfully diverted to more urgent matters, leaving sustainability projects dramatically underfunded.
3. Velocity: Converting multiple, high variation sites takes many years to complete. Each project requires onsite auditing and engineered solutions. There are many good companies who perform local facility conversions. However, the further they work from their headquarters the more challenging projects become. The difficulty coordinating audits, managing materials, and coordinating installations is immense.
External factors outside the control of Fortune 500 companies impede their sustainability plans for their facilities. Gaps in the commercial facility retrofit service model industry are preventing comprehensive integration of sustainable technologies. External challenges:
1. National Facility Site Variation: Clients with national facility portfolios that have low variation between facilities i.e. national retailers are well-served by a mature national account retrofit channel. Unfortunately for Fortune 500 clients, there is not an established channel for high variation portfolio companies. Instead, Fortune 500 clients are serviced by local and regional retrofitters which places a heavy oversight burden on limited staff resources.
2. High Volume of High Variation Site Audits: The consistency of each location for national retailers simplifies site audits. The findings of one audit can be extrapolated nationally. The uniqueness of Fortune 500 facilities requires individual site audits. Local and regional retrofitters must subcontract most site audits which is inherently less reliable and leads to specification errors. It is also time-consuming and dramatically slows the facility upgrading process.
3. Site-Specific, Engineered Solutions: The SOW of a low variation facility national account is determined by the client who typically has entire departments devoted to the design of facilities. By contrast, the SOW for Fortune 500 facilities is determined by the retrofitter who audits each facility.
Blue Ocean Brokerage has created a national network of regional Solutions Partners. All Solutions Partners have Fortune 500 experience and outstanding reputations. This national execution model provides an unrivaled advantage in the velocity of converting high variation facilities nationally. By aggregating each partners’ sustainable solutions and applying innovative financial programs, Blue Ocean Brokerage is the clear choice to help Fortune 500 clients develop and implement their energy efficiency/ decarbonization goals.