Ingersoll Rand Hosts Environmental Defense Fund MBA Fellows as Part of Climate Corps Program
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Davidson, N.C., March 26, 2010 - Two MBA candidates from the Environmental Defense Fund's (EDF) Climate Corps program will participate in a unique project to further the environmental efforts of Ingersoll Rand plc (NYSE: IR).
Starting in June, the Climate Corps Fellows will work as Ingersoll Rand interns and be responsible for a variety of energy related projects including:
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Deploying a new energy management system to the company's facilities.
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Working with teams of Ingersoll Rand employees to evaluate the results of the company's energy audits or "treasure hunts," develop business cases and strategies for improvement, and
present their recommendations.
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Developing energy efficiency and greenhouse gas (GHG) reduction education programs
which are aligned with the climate change goals and policies of the U.S. Department of
Energy and the U.S. Environmental Protection Agency. Ingersoll Rand has signed on
with both agencies to participate in their respective programs: Save Energy Now and
Climate Leaders.
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Monitoring and analyzing U.S. government-funded energy efficiency incentives, and
creating a process to assist leaders in accessing these incentives.
"The work that the Fellows will undertake is critical to our efforts to improve our energy performance and sustainability," said Scott Tew, executive director of the Center for Energy Efficiency and Sustainability at Ingersoll Rand. "The Climate Corps program offers a win-win for students and companies like ours - a unique, hands-on educational approach that will help us achieve our vision of creating safe, comfortable and efficient environments."
Climate Corps Fellows are MBA students that are recruited by EDF and put through an intensive training on leading energy efficiency technologies and practices. In order to participate in the program, Ingersoll Rand must demonstrate an ongoing commitment to reducing energy usage and a willingness to implement recommendations where feasible.
About Environmental Defense Fund / Climate Corps
Environmental Defense Fund (EDF) is a leading national nonprofit organization representing more than 700,000 members. Since 1967, EDF has linked science, economics and law to create innovative, equitable and cost-effective solutions to society's most urgent environmental problems. Climate Corps is EDF's innovative summer fellowship program that places talented MBA students from top-ranking business schools in leading companies to develop practical, actionable energy efficiency plans.
About Ingersoll Rand
Ingersoll Rand is a global diversified industrial firm providing products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and enhance industrial productivity and efficiency. Driven by a 100-year-old tradition of technological innovation, Ingersoll Rand enables companies and their customers to create progress. For more information, visit www.ingersollrand.com
