By Abdul Rahman Suagibu –
NEW AFRICA BUSINESS NEWS, Freetown, Sierra Leone- In 2018, sh70 million was saved, through the energy management measures. At a meeting with officials from the Energy and Water Ministries and the Kenya Association of Manufactures (KAM) KBL Managing Director – Jane Karuku said in 2018, the company reduced energy use by 8% in spite of volume growth, empowering the company to save 15 million Kilowatts in concentrating on reduction of water use, the bear-maker’s water use; reduced by 4%, saving over 67million liters of water in 2018.
“KBL commands a huge energy footprint which informs the onsite strategic choices, how we use energy and measures to take towards achieving energy use reduction aimed at improving sustainability and the energy cost base”, KBL corporate relations Director- Eric Kiniti said. Chief Executive Officer of Kenya Association of Manufactures – Phyllis Wakiaga said in order to fully realize the impact of the sustainability agenda; sustainable manufacturing will be driven by knowledge sharing between industry players. She said it is estimated industries that have so far taken part in the Energy Management Awards, have a combined energy savings worth Sh 3.7 billion over the last 15 years, with the potential cost savings of up to Sh419.5 million.
“We are grateful to KBL for hosting us and for their willingness to show us how they do it so that we can learn from each other and spread this knowledge to our members to fast track the transaction towards sustainable manufacturing”, Wakiaga said.
1.00 United States Dollar= 103.21 Kenyan Shillings- July 16/ 2019
For New Africa Business News Abdul Rahman Suagibu Reports, Africa Correspondent
AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com