In recent years, thousands of companies have voluntarily pledged to meet sustainability targets, but many of them likely lack the knowledge and the tools to properly measure progress and how to optimise their carbon and energy footprints. Honeywell says it is working to help solve this problem with its new Carbon & Energy Management, a carbon energy management software, that enables building owners to track and optimise energy performance against carbon reduction goals, down to a device or asset level.
Carbon & Energy Management is the centrepiece of Honeywell’s new Sustainable Buildings solutions portfolio, which is ready now to help building owners and operators meet two pressing, yet often conflicting, objectives: reducing the environmental impact of buildings while optimising indoor air quality to support occupant well-being, with the aim of helping them to meet carbon neutral goals.
Companies face increasing pressure today – from stakeholders as well as regulatory agencies – to curb energy consumption, reduce carbon emissions and create more sustainable, healthier facilities. There’s an urgent reason for this: commercial buildings currently account for almost a third of global energy consumption and 37% of global energy-related CO2 emissions. While 28% of those emissions are related to building operations – or the energy used to heat, cool and power the building – many building owners likely don’t have device or asset level insight into energy consumption or carbon impact.
Leveraging the Honeywell Forge enterprise performance management software solution’s artificial intelligence (AI) and machine learning (ML) algorithms, Carbon & Energy Management autonomously identifies and implements energy conservation measures to help drive efficiency, resiliency and accountability throughout a real estate portfolio. It continuously investigates, analyses and optimises building performance, down to an asset-specific level, measuring critical sustainability KPIs including carbon emissions.
“The buildings industry has long worked to improve energy efficiency and reduce carbon impact, but it is imperative to make meaningful change in the near term – and that means building owners need better data about their operations,” said Manish Sharma, vice president and general manager of sustainable buildings, Honeywell. “Given the increased awareness of and investment in sustainability, it’s critical for a company to know – and to clearly communicate to stakeholders – how its facilities are optimising energy baselines to reduce their carbon impact. We’re helping customers create new metrics for success and removing the complexity of carbon management while balancing healthier spaces with our ready now solutions.”