Sustainablog

This blog will cover some news items related to Sustainability: Corporate Social Responsibility, Stewardship, Environmental management, etc.

3.12.04

Hyperion Offers Employees $5,000 For Fuel-Efficient Car Purchase

November 29, 2004

Hyperion Offers Employees $5,000 For Fuel-Efficient Car Purchase





By Rick Whiting
Courtesy of InformationWeek


Hyperion Solutions Corp. is offering its employees $5,000 toward the
purchase of fuel-efficient cars, the business-performance-management
software vendor said Monday.
Under its "Drive clean to drive change" program, Hyperion will reimburse
employees $5,000 when they purchase a vehicle that gets 45 miles per
gallon of gasoline or better. That standard is achievable by
fuel-efficient cars that use hybrid, diesel, and electric motors, the
company says.
Hyperion aims to provide the $5,000 reimbursement to as many as 200
employees per year. Employees who have been with Hyperion for one year or
longer are eligible on a first-come, first-served basis. Employees can get
the reimbursement for one fuel-efficient vehicle every four years.
Switching from a car that gets 20 mpg to one that gets 45 mpg can reduce
carbon-dioxide emissions by as much as three tons per person per year,
Hyperion says. Many scientists suspect that rising levels of carbon
dioxide in the atmosphere is a primary cause of global warming.
Based in Santa Clara, Calif.--the heart of Silicon Valley, which is
notorious for its crowded highways--Hyperion employs approximately 2,500
people in 20 countries