Press release
Honeywell and Arcadis join forces to help commercial building owners accelerate their efforts to reduce energy and carbon impact
The collaboration will deliver end-to-end solutions that help building owners cut energy use and carbon emissions as they optimize building performance
About this update from Honeywell International Inc.
[{"type":"text","content":"The collaboration will deliver end-to-end solutions that help building owners cut energy use and carbon emissions as they optimize building performance Initial focus will be on five international projects, with the first launching in May Complementary solutions will help building owners comply with local regulations and document and report progress to internal and external stakeholdersATLANTA, May 17, 2023 /PRNewswire/ -- Honeywell (NASDAQ: HON) and Arcadis (EURONEXT: ARCAD) have today announced a collaboration to provide tools and services that help optimize energy use and carbon emissions in commercial buildings worldwide. With an initial focus on five projects in various locations worldwide, the companies will jointly offer a range of end-to-end solutions to help clients and customers expedite progress toward their carbon-reduction goals.\n\n \n \n \n \n \n \n\n \nFor Arcadis and Honeywell, this relationship strengthens the efforts that both organizations are making to help clients that are committed to improving outcomes related to ESG. The relationship is not exclusive, and both companies expect to add additional collaborations to enhance their offerings in this space.\nData from the World Economic Forum suggests that approximately 80% of today's buildings will still be standing in 2050i – which means the challenge of controlling escalating energy use, particularly in older buildings, to meet carbon-reduction targets will increase over the coming decades. Many building owners and operators lack the expertise and technology to monitor and optimize energy performance, making it harder for them to initiate change in their organizations. Honeywell and Arcadis offer unique but complementary services to address these shortfalls and will work with clients and customers to map a path toward lower carbon emissions, while also improving resilience.\nFor building owners who have already set goals and made pledges to reduce carbon footprint across their portfolio, the collaboration will deploy a software suite that applies milestones to document progress with tailored insights and data-led reports that showcase these efforts to internal and external stakeholders. Honeywell and Arcadis will also formulate strategic goals for organizations that do not have access to asset- or device-level energy performance data.\nArcadis brings a deep b...