Honeywell has announced an expansion to its Honeywell Forge Sustainability+ for Industrials | Emissions Management software application. Particularly, it allows industrial companies to measure and monitor both direct and indirect greenhouse gas (GHG) emissions from their operations.
The software application can collect data from Honeywell’s leading sensors and gas-cloud imaging cameras. Accordingly, it can measure direct GHG emissions, also known as Scope 1 emissions. The new capability aggregates data from additional sources to measure indirect GHG emissions from the purchase of energy, known as Scope 2 emissions.
Despite global efforts in decarbonizing the power sector, electricity and heat generation are responsible for over 40 percent of global CO2 emissions. In fact, it is one of the main types of greenhouse gas.1 Measuring, calculating, and accounting emissions necessary steps to abate emissions. Moreover, the recently enacted Inflation Reduction Act in the U.S.2 incentivize efforts to reduce GHG emissions. Governments around the world regulate GHG emissions.
“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.
In addition, Srinivasan said Honeywell is in a unique position with its ready-now technology and experience. For that reason, he said the company has become the transformational partner of organizations, accelerating their progress in achieving sustainability outcomes.
Honeywell is a technology company that delivers industry-specific solutions. For example, aerospace products and services; control technologies for buildings and industry; and performance materials.
Particularly, the company’s technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected. Thus, helping make the world smarter, safer, and more sustainable.
Honeywell Forge is intelligent operations software that connects assets, people, and processes, enabling operational performance, sustainability, and quality improvement.
1 IEA (2021), Greenhouse Gas Emissions from Energy Data Explorer, IEA, Paris https://www.iea.org/data-and-statistics/data-tools/greenhouse-gas-emissions-from-energy-data-explorer.
2 PowerPoint Presentation (epa.gov), Inflation Reduction Act of 2022 (IRA) Overview.