ANDERSON UNIVERSITY
Student Led SME Projects and Measureable Outcomes – Experiences from the Sam’s Club Environmental Sustainability Challenge National Champions
Students In Free Enterprise- International Student Organization- “A Head for Business, a Heart for the World.”
What is SIFE?
• Purpose:
–Inspire small businesses throughout our community to advance their environmental sustainability practices while improving their financial efficiency.
• Target:
–Small-Medium Sized Businesses
Sam’s Club
Environmental Audit
Water Audit
Energy Audit (Gas and Electric Use)
Document with:- Past Energy Bills, Water Bills, Electric Bill- Return on Investment Analysis (ROI)
Comparing Past Results to Create Present Successes
Other Physical Changes Made
Light Bulb Changes
Solar Security Lights
Biodegradable
Products
Hair Recycling
Organic
Products
15.7% reduction of the power bill in the first month
($57.95)! - Projected Savings of $695 a year!
Conserves around 695KWH’s of energy per month!1,232 saved gallons of water per month!- Approximately 10,500 gallons per year!- Projected Savings of $78 a year!
Total-$773 savings per year!Total-123% annually and 11% monthly
Return on Investment = 45% per year
Shear Transitions Quantitative Results
Other businesses in Simpson Place wanted “green” practices implemented by us
Problems (Opportunities in Disguise)