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Decarbonization

A framework for reducing energy loads and transitioning away from fossil fuels

 

While new technologies will be required to decarbonize certain industrial uses and modes of transportation, there’s ample opportunity now for curbing greenhouse gas emissions and energy use across all sectors of the economy.

For existing buildings, decarbonization takes a phased approach, beginning with energy efficiency and partial electrification to begin reducing the use of fossil fuels. Recovering wasted heat and integrating renewables are critical components for deeper decarbonization and achieving full electrification.

How You Benefit

  • Increase operational efficiencies and reduce overhead costs when you invest in energy-efficient technologies, process optimization, and clean energy that’s shielded from global price volatility.
  • Futureproof your business to be compliant with energy codes and regulations, such as Local Law 97.
  • Leverage incentives as an early adopter to lower the upfront cost of decarbonization and electrification.
  • Improve air quality and indoor comfort with efficient and emission-free technologies.
  • Support the local economy when you invest in construction and clean energy jobs in your community.
  • Create a competitive advantage and differentiate yourself as a sustainability leader to customers, employees, investors, and other key stakeholders

When to Consider

Every business needs a decarbonization strategy, and the economics of reducing greenhouse gas emissions are better than ever. Here are some key scenarios when decarbonization should be prioritized:

  • High energy and operating costs: Identify opportunities to reduce energy consumption to start saving in the near-term and to lower future decarbonization costs.
  • Operations and maintenance: Assess the condition of buildings and assets during regular maintenance to plan for equipment replacements and upgrades that advance decarbonization.
  • Tenant turnover: Leverage tenant turnover at your property to upgrade building systems to new technologies that save energy and put you on the path to full decarbonization.
  • Upcoming or planned improvements: Evaluate opportunities for integrating high-performance energy solutions and electrifications in advance of renovations and capital planning. 

Start Building Your Decarbonization Strategy

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