Document summary
The IT sector’s CO2 emissions account for 1.3% of global emissions. Data centres are expected to account for up to 50% of IT budgets for some companies resulting in cost pressures. Green IT makes good business sense with huge cost savings for data centre-reliant companies with every €1 in energy savings driving up to €3-€8 in operational savings. Green data centre companies should be a major beneficiary. IT companies can play a crucial role as enablers for other sectors, notably buildings, logistics, power and transport. IT will be key for the development of the potential $20 billion/year smart grid