With the UK Government set to “introduce more challenging measures” if the UK is to meet future carbon budgets and the net zero target for 2050. Industrial businesses will continue to face increasing pressure to reduce carbon emissions and achieve ambitious net zero targets. At present, the Climate Change Levy (CCL) an environmental tax charged on the energy that businesses use, is one of the primary motivators for Industrial businesses to reduce carbon emissions. The CCL is set to increase year on year and is thus quickly becoming a significant budgetary line item to consider.
To reduce climate change levy charges, energy-intensive businesses must enter into a climate change agreement with the Environment Agency. A voluntary agreement that aims to reduce energy use and CO2 emissions. Of course, businesses looking to reduce levy charges, whilst simultaneously progressing towards net-zero emissions must begin to put into effect the necessary tools required to meet lower energy consumption requirements. One of the primary ways that Industrial businesses can make rapid advancements in this area is through the adoption of The Internet of Things (IoT) technologies.
Internet of Things (IoT) technology to reduce carbon emissions
Internet of Things (IoT) technology solutions provide insight into operating systems, energy consumptions and potential wastage. These solutions empower businesses to maximise their efficiency and profitability, while reducing their impact on the environment. Here are just three examples of how IoT solutions can be used to advance efforts towards Net-Zero targets.
Improving property management with smart buildings and factories
Buildings are the largest single contributor to the production of greenhouse gases. Smart buildings and factories leverage the Internet of things to connect building and plant operations using industrial sensors to provide greater operational visibility. This increased clarity allows for greater, yet more simplified control over contributing emissions factors such as building maintenance, temperature, monitoring energy management, heating and lighting. In addition, according to the European Commission report on Macroeconomic and Other Benefits of Energy Efficiency, a smart, higher-performing building can conservatively add as much as 11.8% in lease value and can ultimately yield 5% to 35% higher sale values.
Reducing pesticide usage
John Deere is a prime example of an organsation dedicated to the adoption of innovative technologies and IoT solutions to make positive changes towards net-zero targets. Applying camera vision and machine learning to automatically adjust operations and reduce duplication of effort across pesticide spraying, is just one of the ways in which Deere is leading the charge in this industry. According to the American Farm Bureau, “precision technology” - can also assist in reducing costs by 15% and increase crop yield by 13%.
Leveraging virtual reality (VR) and augmented Reality (AR) technology
VR and AR solutions help to drive down emissions in a couple of ways. These solutions can reduce reliance on disposable materials (such as paper) and can also minimise actual time required on sitefor physical labourers and machinery meaning that transportation energy consumption costs and output are significantly lowered. One example of this is the use of augmented reality (AR) to enable businesses to showcase their products across the world without having to travel or move large showcase products across the planet, therefore decreasing CO2 emissions.
Charlotte Fuller is an award-winning digital transformation consultant. She helps her clients get to the heart of what their business needs, so they can create competitive, digital strategies that enable growth. Subscribe to her newsletter and never miss an update.