How Utility Data Can Support Climate Action
From shorter winter seasons to growing carbon emissions, climate change is one of the biggest challenges facing the global population. The time to take action has come, and many companies are seeing increased scrutiny from consumers, employees, investors, and the world. Even with the best intentions, moving toward sustainability and a better understanding of energy consumption can be a daunting task. As we look for ways to support climate action efforts, utility data is emerging as a reliable and innovative resource to take feasible action and significantly improve our future.
Build a strong foundation
Across the globe, the rapidly changing climate has caused growing concern. As conditions worsen and threaten our livelihood, countries and companies have started to come together to combat the issue. In 2015, countries first signed the Paris Agreement to strengthen global efforts against climate change. As of 2021, 191 members of the United Nations Framework Convention on Climate Change (UNFCCC) have agreed to plan and regularly report their efforts. Since its adoption, over 600 companies have committed to science-based targets that align with the Paris Agreement’s goals to keep global warming under 1.5°C.
Today many are starting to look for effective strategies for setting appropriate goals and achieving them. As companies and countries work to support climate action efforts, implementing strong operational infrastructure is the first step. Utility data is a foundational component needed for any company’s sustainability planning. Establishing a baseline, measuring progress, and accomplishing objectives, is not possible without reliable utility data.
Automated access to monthly energy, water, and gas consumption data is critical to powering accurate and consistent reporting for the ‘E’ in ESG. In addition to providing accurate metrics for progress, the line-item detail of usage, spending, and tariffs provided on a digital utility bill, can confidently pinpoint the highest priority areas for renewables and prove ROI over time. This insight is critical for achieving sustainability and energy goals. With a secure process in place, companies can trust in the longevity of their efforts to support climate action.
Supporting Climate Action with Utility Cloud
Urjanet’s Utility Cloud enables businesses to access their utility data with an online platform and direct connection to thousands of utility providers – helping them support ESG reporting, energy management, and sustainability efforts. If you’re ready to explore how you can leverage Urjanet’s technology to solve these global challenges and capitalize on new opportunities, reach out to one of our experts today.
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