World Green Organisation (WGO) and Synergy Group Holdings International Ltd (1539:HK) (Synergy Group), has announced the launch of the Synergy Energy Efficiency Index (SEEI). SEEI is developed by WGO in collaboration with the Energy and Environmental Policy Research Unit of the City University of Hong Kong, and sponsored by Synergy Group, one of the leading energy management contract providers in Asia and the first ESCO Company listed on the Hong Kong Stock Exchange.
Based on this year's analysis, SEEI score of Residential Sector is 97%. Using 2000 as a base year, SEEI revealed that 3% less energy was used compared to the past when performing the same activity in residential sector over the last decade (2000-2013). In terms of the Commercial Sector, SEEI score is 110%. By using 2000 as a base year, SEEI has revealed that 10% more energy was consumed compared to the past when performing the same activity in commercial sector over the last decade (2000-2013). This shows that there is room for improvement in energy efficiency in Hong Kong's commercial sector, especially in the emerging industries such as data centres and post-secondary institutions, etc.