The pressure to reduce carbon footprints and operate sustainably is growing. Many companies realise that ESG (Environmental, Social, and Governance) audits can help them achieve their sustainability goals. And with the right Building Management System (BMS) in place, they can monitor and optimise their energy consumption, reducing their environmental impact and saving costs.
In this blog post, we'll share some success stories of businesses that have used ESG audits and BMS to improve their environmental impact and reduce their carbon footprint.
Royal Bank of Canada (RBC)
RBC is one of Canada's largest banks and a leader in corporate responsibility. In 2019, RBC undertook an ESG audit of its global operations, which led to identifying opportunities to reduce energy consumption, carbon emissions, and waste.
As a result of the audit, RBC implemented a BMS that uses real-time data to monitor energy consumption across its facilities. The system provides insights into energy use and identifies areas where energy savings can be made. In addition, RBC has installed renewable energy sources such as solar panels, geothermal heating and cooling, and biomass boilers in some of its buildings.
The results have been impressive: RBC has reduced its carbon footprint by 43% since 2017 and saved over CAD 20 million in energy costs (RBC, 2020).
Infosys
Infosys is a global leader in consulting, technology, and outsourcing services. In 2018, the company undertook an ESG audit of its operations and identified the need to reduce its carbon footprint.
Infosys implemented a BMS to monitor and optimise its energy consumption across its facilities. The system uses real-time data to identify areas where energy savings can be made and automatically adjusts lighting and HVAC systems to reduce energy consumption.
As a result of these initiatives, Infosys has reduced its carbon footprint by 50% since 2008 and saved USD 7 million in energy costs (Infosys, 2021).
The Tower Companies
The Tower Companies is a real estate developer and property management firm in Washington, D.C. In 2018, the company undertook an ESG audit of its operations and identified the need to improve its energy efficiency.
The Tower Companies implemented a BMS that uses real-time data to monitor and optimise energy consumption across properties. The system identifies areas where energy savings can be made and automatically adjusts lighting and HVAC systems to reduce energy consumption.
As a result of these initiatives, The Tower Companies has reduced its carbon footprint by 40% since 2010 and saved over USD 7 million in energy costs (The Tower Companies, 2020).
These success stories demonstrate the potential benefits of using ESG audits and Building Management Systems to reduce energy consumption, save costs, and improve sustainability. By implementing these systems and taking a proactive approach to sustainability, businesses can positively impact the environment while also improving their bottom line.
References:
Infosys. (2021). Sustainability Report 2020-21. Retrieved from https://www.infosys.com/content/dam/infosys-web/en/about/documents/sustainability-reports/sustainability-report-2020-21.pdf
RBC. (2020). RBC 2020 ESG Performance Report. Retrieved from https://www.rbc.com/community-social-impact/_assets-custom/pdf/2020-esg-performance-report.pdf
The Tower Companies. (2020). 2019-2020 Sustainability Report. Retrieved from https://www.towercompanies.com/wp-content/uploads/2021/
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