Corporate Financial Performance Effects of Macro Economic Factors Against Stock Return

Abstract

The “2020 climate and energy package” enacted by the EU aims to reduce emission of greenhouse gases, to increase the share of renewable energy and to improve overall energy efficiency. These goals are forwarded to the industry using regulations or funding opportunities. Taking a deeper look e.g. into automotive industry the companies reflect these goals to their plants across Europe. Energy efficiency is a plant-related KPI to gain customer satisfaction, enhance greener production and optimise internal costs. Current developments especially deal with base load reduction for production plants. In order to achieve this, all resources within the factory, interconnected by processes or by energy flows, have to be actively managed. This paper deals with the requirements on energy management systems stemming from the task to control production, infrastructure as well as technical building systems (TBS) simultaneously with focus on specifics of the automotive industry.