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Finance Fellow Finds Energy Savings for Darden

August 26, 2013

By: Darden Restaurants,

Finance Fellow Finds Energy Savings for Darden

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This summer, Darden Restaurants enlisted the help of EDF Climate Corps fellow, Felipe Mai, to work with the sustainability and business analytics teams to identify and outline energy-saving strategies for 2,100 locations. Felipe is an MBA  student at Warrington College of Business at the University of Florida, where he had also received a Bachelor’s of Science in Microbiology and a Master’s in Entrepreneurship. His top criteria for an internship were to: 1) stay in Florida; and 2) find a hospitality or entertainment company with a strong service-based culture. This led Felipe to EDF Climate Corps and his matched engagement with Darden Restaurants.

Felipe’s desire to work in corporate finance began after he left the University of Florida in 2009. While Felipe grew up mostly in Orlando, he was born in Brazil where he lived until he was seven. His parents were born in Taiwan, so Felipe spent one year in Taiwan after graduating from college to learn Mandarin and more about his family heritage. When he returned, he worked for a financial consulting firm in Sao Paulo, Brazil, and then returned to the United States to work for a small tech company in Orlando.

At Darden, Felipe found a company that was ready and willing to help in his journey to reach his goal of working in corporate finance. While navigating a company’s systems can be overwhelming at times, Felipe found his team members and leaders ready to help and accessible to guide his efforts. Felipe enjoyed learning about the back-end operations and the analysis that contributes to the restaurant company’s success.  The EDF Climate Corps fellowship also helped Felipe hone his skills in financial analysis and grow his leadership experience.

At the end of his fellowship, Felipe identified two pilot initiatives with the most potential – Energy Management Systems and Solar Water Heaters. These projects, when fully implemented, could result in over 125,000,000 kWh of annual energy savings, and $19 million in savings over the project lifetime. Felipe’s findings will help the sustainability department plan Darden’s future energy efficiency opportunities. 

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