Honeywell GHG Management Gives Organizations A Comprehensive Approach to Lower Emissions

Honeywell Utility Solutions - 06.21.2010

Honeywell (NYSE:HON) today introduced its Greenhouse Gas (GHG) Emissions Management offering, a comprehensive portfolio of energy services that use ongoing measurement, monitoring and real-time emissions data to shape mitigation strategies that help customers meet sustainability goals and compliance requirements.

Many schools, universities, municipalities and other institutions have made public commitments to become carbon neutral or significantly cut GHG emissions. In addition, the U.S. Environmental Protection Agency (EPA) adopted new regulations in 2009 requiring certain organizations that produce more than 25,000 metric tons of GHGs, through stationary combustion sources such as heating systems in particular, to monitor and measure emissions. Other regulations adopted by EPA this year may require GHG controls under the Clean Air Act, which will create additional incentives to carefully track emissions.

However, few organizations have the in-house expertise or resources needed to catalog current emissions. And even fewer have the ability to use the information to develop a strategic plan to reduce their environmental footprint.

To help address these needs, the GHG Emissions Management service encompasses the whole emissions management cycle, including emissions inventories, audits to identify reduction opportunities, energy retrofits and implementation of renewable technologies, ongoing monitoring and reporting, and carbon monetization.

“There are service providers that focus on different aspects of carbon reduction, but Honeywell delivers a comprehensive, end-to-end approach,” said Paul Orzeske, president of Honeywell Building Solutions. “We’ve strengthened our traditional retrofit capabilities with sophisticated emissions measurement and reporting tools, and refined processes for cataloging and trading carbon credits. Combined, these offerings deliver customers a clear path to sustainability.”

Starting with a GHG inventory, Honeywell creates a baseline by using industry-standard tools to measure emissions attributed to all operations of an organization, compiling data from more than 200 possible sources. The findings provide a detailed starting point for launching or validating green initiatives, and are essential for organizations that intend to access revenue streams associated with emissions trading.

Once GHG sources are defined, engineers conduct on-site audits to evaluate potential conservation measures and emissions mitigation opportunities. This could entail upgrading facility systems such as heating, ventilation, air conditioning and lighting, weatherizing and sealing building exteriors, and implementing biomass, solar, wind and other renewable energy technologies.

The Honeywell service also includes: ongoing monitoring and reporting to help assess progress toward emissions reduction targets, new Web-based dashboards that pull real-time data from electricity, gas and water meters into a single, easy-to-read view; tools and support to help communicate internal efforts and results to external audiences — online, in print and in person — helping organizations build awareness among key stakeholders and the surrounding community; and on-site sustainability director staffing. Honeywell will also work with customers to sell offsets, carbon credits, and renewable energy credits.

The City of Dayton, Ohio, recently tapped Honeywell to deploy the emissions management service. Under the program Honeywell will capture and analyze three years of data from nearly 900 utility meters in city-owned facilities to create an emissions benchmark. Using the findings, the city plans to make infrastructure upgrades to add to the positive environmental impact of several phases of buildings retrofits it is already working with Honeywell to complete.

This includes a recent contract for improvements backed by the American Recovery and Reinvestment Act (ARRA), which will allow the city to upgrade cooling units at its data centers, and replace lighting in several facilities with more efficient and luminous light emitting diodes (LEDs).

“Honeywell has helped us prioritize upgrades, identify funding sources, and develop strategic plans to meet the sustainability commitments we’ve agreed to as part of the U.S. Mayors Climate Protection Agreement,” said Donna Winchester, environmental manager for the City of Dayton. “Just through the current improvements, we expect to decrease carbon dioxide emissions by 4,000 tons each year, which is equivalent to removing more than 650 cars from the road.”

Honeywell is a global leader in energy and environmental services, working with organizations to conserve energy, optimize building operations and leverage renewable energy sources. Since the 1980s, the company has completed more than 5,000 energy-efficiency projects in facilities across the globe, which are expected to deliver nearly $5 billion in savings.

Overall, nearly 50 percent of Honeywell’s product portfolio company-wide is linked to energy efficiency. The company estimates the United States could reduce its energy consumption 15 to 20 percent by immediately and comprehensively adopting existing Honeywell technologies.

Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com. Honeywell Building Solutions is part of the Honeywell Automation and Control Solutions business group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Building Solutions: www.honeywell.com/buildingsolutions.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements.

 

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