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Benefits of the Virtual Office: Dramatically Lower Energy Consumption & Carbon Emissions
Steve Stillwater on
An estimate of the savings and environmental benefits of working from home or using a home office part-time was profiled in the April edition of Inc. Magazine. The study estimated the effects on energy consumption and carbon emissions if everyone who could work from home-about 40% of the work force-did so half of the time.
- 100 hours per person not spent commuting
- 50 million tons of greenhouse gas emissions cut
- 276 million barrels of oil not needed (about 32% of Middle eastern oil imports)
- 1,500 lives saved from auto accidents
- $700 billion in total estimated savings to business, including $200 billion in productivity gains and $190 billion in reduced real estate expenses, utility bills, absenteeism, and employee turnover
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