Johnson Controls Chairman and CEO Alex Molinaroli shares his perspective on the future of energy at the 2015 World Economic Forum Annual Meeting
Price of energy a topic of opening day meeting of world leaders
MILWAUKEE, Jan. 20, 2015 /PRNewswire/ -- Johnson Controls Chairman and CEO Alex Molinaroli is addressing how technological, economic and geopolitical changes will affect the future of energy at the World Economic Forum's Annual Meeting in Davos, Switzerland on Wednesday, Jan. 21. Molinaroli is one of six panelists covering the topics of energy prices and environmental regulations in a session titled "The New Energy Context."
"Energy efficiency and energy demand response are the most cost effective and least expensive energy resources the world has," said Molinaroli. "The Johnson Controls 2014 Energy Efficiency Indicator survey showed 70 percent of U.S. organizations surveyed participate in some sort of energy demand response program with their utility or service providers as one strategy to reduce carbon emissions, reduce costs and increase capacity."
Founded in 1971, the World Economic Forum is an international organization committed to improving the state of the world by bringing together business, political, academic and other leaders of society to define challenges, solutions and actions to the world's most pressing issues. Johnson Controls, a global multi-industrial company, is a Strategic Partner of the World Economic Forum. Strategic Partners comprise a select group of 100 leading companies representing diverse industries and regions and are selected for their alignment with the Forum's commitment to improving the world. This is the second year the company has participated in the organization's annual meeting.
Joining Molinaroli at the World Economic Forum annual meeting will be Bruce McDonald, executive vice president and vice chairman, and Kim Metcalf-Kupres, vice president and chief marketing officer of Johnson Controls.
Follow @johnsoncontrols and @amolinaroli on Twitter for updates and news from Johnson Controls at the World Economic Forum.
About Johnson Controls:
Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 170,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2014, Corporate Responsibility Magazine recognized Johnson Controls as the #12 company in its annual "100 Best Corporate Citizens" list. For additional information, please visit http://www.johnsoncontrols.com or follow @johnsoncontrols on Twitter.
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SOURCE Johnson Controls