HONEYWELL PROVIDES VISIBILITY AND CONTROL TO HELP ACHIEVE CARBON NEUTRAL BUILDINGS

Businesses face increasing pressure today – from stakeholders as well as regulators – to reduce energy consumption, reduce carbon emissions, and create more sustainable and healthier facilities. There is an urgent reason for this: commercial buildings currently account for almost a third of global energy consumption.ii and 37% of global energy-related CO2 emissions.iii While 28% of these emissions are linked to the operation of buildingsiv – or the energy used to heat, cool, and power the building – many building owners likely don’t have information about energy use or carbon impact at the appliance or asset level.

Leveraging the artificial intelligence (AI) and machine learning (ML) algorithms of the Honeywell Forge enterprise performance management software solution, Carbon & Energy Management autonomously identifies and implements savings plan to drive efficiency, resilience and accountability across a real estate portfolio. It continuously studies, analyzes and optimizes building performance, down to an asset-specific level, by measuring critical sustainability KPIs, including carbon emissions.

“The building industry has a long history of working to improve energy efficiency and reduce carbon impact, but significant change is imperative in the short term – and that means building owners need better data. on their operations,” said Manish Sharma, vice president and general manager of sustainable buildings, Honeywell. “Given increased awareness and investment in sustainability, it is essential for a company to know – and communicate clearly to stakeholders – how its facilities are maximizing energy baselines to reduce their carbon impact. We helping customers create new metrics of success and removing the complexity of carbon management while balancing healthier spaces with our ready-to-now solutions.”

“Impact investors” want to know in specific terms what companies’ carbon reduction targets are and what they are doing to achieve them.v According to recent market research, reducing a building’s carbon footprint can potentially increase its business value.vi

Honeywell Carbon & Energy Management sets an energy performance benchmark by using up to three years of usage history, real-time meter data, and environmental factors to determine which assets drive energy consumption. Enterprise-level carbon and energy management software provides a real-time dashboard of critical sustainability KPIs; aggregates carbon data from energy-related emission sources in a building – gas, electricity and fuel sources; reduces energy consumption through advanced building control capabilities; and reduces carbon footprint without compromising occupant well-being or comfort.

Carbon & Energy Management continuously collects 24/7 energy consumption data, recorded at 15-minute intervals, and sub-counts all energy-consuming assets to collect granular information on the consumption. This data enables Honeywell to help customers establish a rigorously derived baseline, provide a roadmap for carbon neutrality, and help customers execute the roadmap to help them achieve their neutrality goals. carbon. The solution enables building owners to avoid capital expenditures for technology upgrades to meet sustainability reporting requirements and minimize the time required to implement solutions.

Honeywell’s advanced sustainable building portfolio can help achieve energy efficiency goals, improve occupant well-being and change the way occupants experience a building. The portfolio aligns with Honeywell’s commitment to achieve carbon neutrality in its facilities and operations by 2035, building on its track record of drastically reducing its greenhouse gas footprint as well as on its decades of innovation to help customers meet their environmental, social and governance obligations. Goals.

About Honeywell Building Technologies

Honeywell Building Technologies (HBT) transforms the way every building operates to help improve quality of life. We are a leading building control company with operations in over 75 countries supported by a global network of distribution partners. Commercial building owners and operators use our hardware, software and analytics to help create safer, more sustainable and more productive facilities. Our solutions and services are used in more than 10 million buildings worldwide.

Honeywell (www.honeywell.com) is a Fortune 100 technology company providing industry-specific solutions including aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help planes, buildings, manufacturing plants, supply chains and workers become more connected to make our world smarter, safer and more sustainable. For more news and information about Honeywell, visit www.honeywell.com/newsroom.

I UC San Diego In-Depth Studies,”COP26 and what big companies are doing to lead the way,” Jennifer McEntee, April 22, 2022. [Accessed May 6, 2022]
ii International Energy Agency, “Buildings: A Source of Huge Untapped Energy Efficiency Potential”. [Accessed May 6, 2022]
iii World Economic Forum, “Why building greener is crucial to meet Paris climate goals”, Patrick Henry, November 1, 2021. [Accessed May 9, 2022]
iv World Green Building Council, “Bringing Embodied Carbon Upfront” [Accessed June 9, 2022]
v black rock,”by Larry Fink 2022 Letter to CEOS: The Power of Capitalism,” Larry Finck. [Accessed May 6, 2022]
vi Financial Review, “Green buildings are worth more to investors”, Martin Kelly, October 21, 2021. [Accessed May 6, 2022]

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SOURCEHoneywell

Marjorie N. McClure