US-based Honeywell, a technology and manufacturing company that offers energy, safety, and security solutions and technologies, announced that it has collaborated with Amsterdam’s Arcadis, a design & engineering consultancy firm for natural and built assets.
Arcadis collaborates with its customers to produce sustainable solutions across the lifespan of their natural and built assets by using its understanding and collective design, consultation, engineering, project, and management services.
The company evaluates ESG risks for businesses by creating current-state assessments that analyse technical and financial scenarios to estimate implications in areas such as energy and climate, materials and waste, and buildings and infrastructure.
Currently, the firm has nearly 28,000 employees and is active in over 70 countries that generate €3.5B in revenues. “We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world.”
Arcadis employees collaborate to generate value through built and natural assets that are in sync with their surroundings, from retail malls in Shanghai to new rail systems in Doha and air pollution reduction in Los Angeles.
Aim of this partnership
According to World Economic Forum data, nearly 80 per cent of today’s buildings will still be standing in 2050, implying that managing growing energy demand (particularly in older buildings) to fulfil carbon-reduction targets will become difficult in the following decades.
Many building owners and operators lack the experience and technology needed to monitor and optimise energy efficiency, making it difficult to implement change in their organisations.
To address these gaps, Honeywell and Arcadis have collaborated to offer tools and services to clients and customers in order to assist commercial buildings in optimising energy consumption and carbon emissions.
Both companies will collaboratively offer a range of end-to-end solutions to accelerate progress towards carbon-reduction targets, with an initial emphasis on five projects in various locations globally.
Arcadis and Honeywell both aim to assist clients who are dedicated to improving their ESG outcomes. The relationship is not exclusive, however, both firms intend to expand their collaborations to improve their services in this space.
What to expect from this collaboration?
Building owners who have set goals to reduce carbon footprint across their portfolio, the collaboration will roll out software that uses milestones to document progress. It will also have tailored insights and data-driven reports that highlight efforts to internal and external stakeholders.
For organisations without access to asset- or device-level energy performance data, Honeywell and Arcadis will also develop strategic targets.
“The strength of Arcadis is our ability to help clients identify where change can have the most impact in their organisation when it comes to their energy use and carbon footprint,” says Alan Brookes, CEO of Arcadis.
Brookes further adds, “By working with Honeywell, we can take that insight and provide an end-to-end service from planning to execution and ongoing maintenance to allow clients to reduce the energy use within their building portfolios and demonstrate the value of their investment to key stakeholders.”
Brief about Honeywell
Honeywell helps develop smart-building solutions that use AI/ML-enabled software to improve control systems with sensor-driven analytics, occupancy tracking, and predictive maintenance.
In addition, the company also provides service solutions that enable building owners to fund renovations as operational expenditures rather than capital investments.
Speaking on the collaboration, Billal Hammoud, CEO of Honeywell Building Technologies, says, “By combining our ready-now advanced building controls software with Arcadis’ expertise in sustainability assessments and roadmapping, we can develop plans for customers that meet both their short-term need to manage energy use and their long-term aspiration to reduce their carbon footprint.”
Hammoud adds, “By drawing on our respective strengths, we can deliver more efficient and effective sustainability solutions for buildings.”