CB Richard Ellis (CBRE) Energy and Sustainability team today announced an exclusive new partnership with global energy consultancy McKinnon & Clarke (M&C). The agreement will enable CBRE to help purchase cost-effective electricity, gas and water, and offer invoice validation services on behalf of its clients across Europe.
M&C is Europe's largest energy buying group and provides services in over 20 countries worldwide. The company helps organisations to reduce energy costs by scrutinising the complex energy and utilities markets, recovering over-payments and buying energy in bulk at the best available market prices.
The procurement partnership is an integral part of CBRE's rapidly growing energy and sustainability consultancy service offering which is of increasing interest to the company's corporate clients. Matt Rowe, Head of EMEA Energy Services at CBRE Richard Ellis, said:
"In the current economic climate, one of the principal areas of focus for companies' sustainability agendas is practical energy saving and carbon reduction solutions that deliver genuine cost-benefit advantages.
"We are already working with many of our clients to help manage their environmental performance, implement cost savings and reduce their corporate impact on the environment. M&C's international utilities procurement capability is an important addition to our integrated energy and sustainability offering and will enable us to pass on further cost benefits to our clients."
CBRE client, AON, a leading provider of risk management and reinsurance services, has already made significant energy savings as a result of the partnership.
Todd Budgen, Director of Service at AON, said: "We are delighted with the purchasing strategy and results that CBRE and McKinnon & Clarke have already achieved a 16% saving over our previous electricity contract. With customer service of the highest order, we have been consulted and informed throughout the process. Significant savings in bill validation and refunds were also identified generating further savings for AON."
M&C's appointment followed a robust selection process. The consultancy was chosen for its unmatched coverage across EMEA, proven full-service capability and an independent and transparent offering that supports CBRE's own cultural values.
Terry Cogan, M&C's Group Sales Director, added: "Energy is a huge overhead for large organisations and inefficiencies often go unnoticed. Last year M&C recouped approximately £3 million on behalf of its clients due to incorrect billing alone. We are delighted to have the opportunity to work with CBRE and help pass on notable energy savings to their international client base."
Source: CB Richard Ellis