2024-10-29 01:23:17
Author: Johnson Controls / 2023-07-24 00:17 / Source: Johnson Controls

Johnson Controls Annual Energy Efficiency Indicator Survey Reveals Investments in Sustainability have Rebounded to Pre-Pandemic Levels, yet Challenges Remain

Due to electrification,investments in energy generation or storage have flourished,with a growing focus on heat pump technology.

U.K.,France,Japan and USlead restof the worldinplans toincrease investmentin energy efficiency,renewable energy or smart building technology.

More organizations are planning investments in building technology that will keep their occupants healthy and secure,however,funding and access to technology is a barrier

SINGAPORE,April 13,2022 --Johnson Controls (NYSE: JCI),the global leader for smart,healthy and sustainable buildings,today announced findings from the 15th annual Energy Efficiency Indicator Survey,whichrevealedthat62percentoforganizations surveyedexpecttoincreaseinvestmentsinenergyefficiency,renewable energy,or smart building technology in 2022,indicating a return to pre-pandemic levels.

Johnson Controls Annual Energy Efficiency Indicator Survey Reveals Investments in Sustainability have Rebounded to Pre-Pandemic Levels, yet Challenges Remain


Johnson Controls Annual Energy Efficiency Indicator Survey Reveals Investments in Sustainability have Rebounded to Pre-Pandemic Levels, yet Challenges Remain

ThelatestreportbytheUnited NationsIntergovernmentalPanel onClimateChange advisedthat globalscale transformation is urgently needed to combat climate change,the Johnson Controls Energy EfficiencyIndicatorSurveyfoundthatorganizations arestillfacingchallengestoacceleratetheirsustainability efforts in key areas. Almost two-thirds of survey respondents say they struggle to scale sustainability initiatives across buildings,geographies,or business units.

"Inthefaceofthemultiple andcontinuousshockwavesofthelasttwoyears,itisveryencouragingtosee that building owners and operators are driving forward the kinds of investments that deliver the resilience neededtogrowtheir business andattractandretain thebesttalent",said Katie McGinty,vice president & chief sustainability and external relations officer at Johnson Controls. "Whether it is the damage delivered by climate-charged destructive natural events,or the health threat of the pandemic,or now,the stark demonstration of the insecurity of world energy supplies,it is clear that taking action to cut energy demand while decarbonizing and cleaning the air are core strategies for companies,governments and institutions to not only survive but to thrive. Our innovative technologies in heat pumps and our OpenBlue digital platform,plus our Net Zero as a Service partnership offering,are exactly the right tools at the right time for leaders determinedtostaywellaheadofchallengesanddelivernewopportunitiesfortheir businessororganization."

GlobalProgresshasAcceleratedintheLastFiveYears

The survey revealed that planned investment in energy generation or storage has grown significantly over five years,likely in response to the global focus on decarbonization,and as part of that effort,electrification. More than a third of respondents plan to replace fossil fuel heating equipment with heat pump technology in thenextyear,which is7percentmorethanwhatwasimplementedintheyearprior.Notably,thermalenergy storage jumped from 27 percent to 42 percent in the last five years. More than half of respondents implemented electric energy storage in the past year.

The survey also found that the United States and Europe still lead the way in every metric of green building planning. The U.S. had the most respondents who had already achieved green building certification and expecttohaveanetzeroenergyorcarbonbuilding inthenexttenyears. Europehadthemostrespondents planning to attain green building certifications and the most respondents who have established public energy/carbon reduction goals,with UK leading with 46 percent established goals.

Compared to its global counterparts,significantly more respondents in the U.S. plan to implement measures such as building controls improvements,onsite renewable energy,and energy management process such as ISO 50001. Of the countries surveyed,the U.K.,and Japan have the most respondents who expect to increase investment in energy efficiency,or smart building technology over the next year. Still,to reach global sustainability and environmental goals,the world must work collectively to plan for a more energy efficient future and make investments today for the generations to come.

BarrierstoScaling SustainabilityEfforts

Althoughglobal scaletransformationisnecessarytocourse-correctonclimatechange,organizationsare facing barriers to pursuing sustainability initiatives. Almost half ofthe respondents surveyedsay their top barrier to pursue energy and building technology improvements is either a lack of funding to pay for improvements (25 percent) or uncertainty in their return-on-investment (23 percent).

Additionally,morethanhalfofrespondentspointedtoalackoftechnologyas one ofthehindrancesto scaling sustainability efforts.

Globally,these top barriers have remained largely the same as they were five years ago,underscoring the opportunitytocatalyze acceleratedactionthrough innovativesolutionslikeJohnsonControls' NetZeroasa Service that enables decarbonization with no upfront capital and with reduced operating expenses as well.

Organizations Focused on Harnessing Technology to Keep Building OccupantsHealthyandSafe

The pandemic has also prompted organizations to rethink their technology investment decision-making. Protectingthehealthandsafety ofbuildingoccupants duringthecoronaviruspandemicwasthesecondmost significant driver of investments globally. Additionally,65 percent of respondents performed an indoor air quality assessment last year.

Respondentsalsosaidimproving occupanthealthandwellnessoverall andimprovinglifesafetyandsecurity wereimportantdecision-makingfactors.Overthenext12months,almost 60percentoforganizationsplanto invest in fire/life safety system and security system improvements to their buildings. Long term,more than two thirds of organizations believe data analytics and cybersecurity willhave an extremely or very significant impact on the implementation of smart buildings over the next five years.

Thesurvey revealedthatactionablepoliciesarealsoimportantforprogressingenergy efficiencygoals. 85 and 72 percent of respondents,respectively,reported that performance benchmarking/certifications and performance standards for energy codes are critical to improving energy efficiency efforts.

TheJohnson ControlsEnergyEfficiencyIndicatorSurveycollectedresponsesfrom1,000participants globally between November and December 2021.

Tolearn moreaboutthesurveyfindings,visit:https://www.johnsoncontrols.com/2021EEI

JohnsonControls continues to place technology to be atthe forefront ofinnovation for the development of solutionsandservices throughitsOpenBlue digitaloffering,in particularitsNetZeroBuildingssolution.To find out more,please visit: https://www.johnsoncontrols.com/en_sg/openblue/net-zero-buildings

AboutJohnsonControls:

AtJohnsonControls(NYSE: JCI),wetransform theenvironmentswherepeoplelive,work,learnandplay. As the global leader in smart,our mission is to reimagine the performance of buildings to serve people,places and the planet.

Withahistoryofmorethan135yearsofinnovation,JohnsonControlsdelivers theblueprintofthefuture for industriessuchashealthcare,schools,datacenters,airports,stadiums,manufacturingandbeyondthrough its comprehensive digital offering,OpenBlue. With a global team of 100,000 experts in more than 150 countries,JohnsonControls offerstheworld`s largestportfolioofbuildingtechnology,software as well as service solutions with some of the most trusted names in the industry. For more information,visit www.johnsoncontrols.sg or follow us at Johnson Controls Asia Pacificon LinkedIn.

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