CO2 emissions by corporate can be reduced by 5.5 million metric tons resulting in a $ 19 billion financial benefit to the US and UK economies by 2020, says a new research titled ‘The Telepresence Revolution’ and commissioned by the Carbon Disclosure Project (CDP) and sponsored by AT&T while being conducted by Verdantix.

The study also points that corporate having revenues of over $ 1 billion can achieve financial return on investment in 15 months or save nearly 900 busines trips in the first year of using telepresence solutions and also reduce carbon emissions by 2.271 metric tons over five years time which is a green house equivalent of removing 434 passenger vehicles from road for one year.

According to the study, telepesence can also help speed decision-making, improve employee productivity, and provide workers with a better work-life balance. 

“Companies that invest in carbon cutting technologies and re-engineer the way they do business will not only be better placed to succeed as we transition to a low-carbon economy but can experience considerable business benefits during this transition,” said CDP chief executive officer Paul Dickinson. “Telepresence is a good example of a low-carbon solution that can bring financial savings and increase productivity while reducing emissions.”

Daniel T. Walsh, senior vice president of marketing services, AT&T Business Solutions said, “Business customers have spoken and their feedback is very powerful: Telepresence helps companies run their businesses better while allowing them to reduce their carbon emissions.