Today, Honeywell (Nasdaq: HON) announced an update to its software programme Honeywell Forge Sustainability+ for Industrials | Emissions Management that enables industrial businesses to measure and keep track of both their direct and indirect greenhouse gas (GHG) emissions.
To measure direct GHG emissions, also known as Scope 1 emissions, the software application can gather data from Honeywell’s top sensors and gas-cloud imaging cameras. In order to measure indirect GHG emissions from the purchase of energy, sometimes referred to as Scope 2 emissions, the new capability aggregates data from other sources.
Despite international attempts to decarbonize the power industry, the production of electricity and heat accounts for more than 40% of the world’s CO2 emissions, one of the main forms of greenhouse gas.1 The recently passed Inflation Reduction Act in the U.S. provides incentives for measuring, computing, and accounting emissions, which are crucial stages in reducing emissions.2 Globally, GHG emissions are also governed.
“Honeywell’s newly expanded solution provides customers with a more comprehensive view of their emissions and a critical tool toward meeting their sustainability goals,” said Ravikrishnan Srinivasan, vice president and general manager of Emissions Management at Honeywell Connected Enterprise. “Honeywell is uniquely positioned with its ready-now technology and experience to be the transformational partner that helps organizations accelerate their progress in achieving sustainability outcomes.”
A provider of industry-specific solutions, Honeywell is a global provider of performance materials, control systems for buildings and industries, and aircraft products and services. Our technologies enable the increased connectivity of people, supply chains, manufacturing facilities, and aircraft to create a smarter, safer, and more sustainable society.
When assets, people, and processes are connected with Honeywell Forge, operational performance, sustainability, and quality improvement are made possible.
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