Amount of energy savings over the lifetime of products sold by the organization during the reporting period.
Amount of energy savings over the lifetime of products sold by the organization during the reporting period.
Organizations should footnote all assumptions used.
This metric is intended to capture the product-lifetime energy savings to consumers as a result of energy-efficient products sold by the organization. For example, an organization that sells compact fluorescent light bulbs (CFLs) that replace incandescent light bulbs might report this metric to capture the total energy savings to its clients resulting from the products provided. This metric captures the lifetime energy savings of products sold.
When multiplying the energy savings from each product sold by Units/Volume Sold: Total (PI1263), organizations should, under Units/Volume Sold: Total (PI1263), use the absolute number of product units sold rather than the volume of energy savings delivered by the product.
In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.