Environmental, Social, and Governance (ESG) considerations are crucial in addressing the challenges of climate change and promoting sustainable practices in various sectors. In the context of building energy consumption, several ESG technologies have emerged to assist organisations in monitoring and optimising their energy usage. This comparative analysis will evaluate and contrast four significant ESG technologies: Envizi, Measurabl, Salesforce – Net Zero Cloud and EP&T. By examining their features, capabilities and benefits, we aim to provide insights into the strengths and weaknesses of each platform.
Envizi:
Envizi is an ESG technology platform that offers comprehensive energy management solutions for manufacturing, commercial real estate, financial services, oil and gas and telecom. It provides real-time energy monitoring, analytics and reporting features. Envizi enables users to track energy usage, identify inefficiencies and implement energy-saving measures. The platform offers customisable dashboards, allowing users to visualise and analyse data effectively. Envizi’s reporting capabilities help organisations comply with sustainability reporting standards and regulations. One of its notable features is the ability to benchmark building energy performance against industry standards, enabling users to identify areas for improvement. However, Envizi’s primary focus is on energy management. It may lack certain advanced functionalities provided by other platforms.
Measurabl:
Measurabl is an ESG technology platform that integrates environmental data management, benchmarking and reporting capabilities. It simplifies the collection and analysis of building data, facilitating efficient reporting and compliance. Measurabl offers automated data collection from various sources, streamlining the process of energy consumption data gathering. The platform provides comprehensive reporting tools, enabling organisations to generate ESG reports, sustainability disclosures and compliance reports effortlessly. Measurabl also supports benchmarking against industry standards, enabling users to compare their building’s energy performance against peers. However, while Measurabl excels in data management and reporting, it may offer limited advanced analytics features compared to other platforms.
Salesforce – Net Zero Cloud:
Salesforce – Net Zero Cloud is a sustainability platform built on the Salesforce platform. It offers varied ESG capabilities, including energy management, carbon accounting and sustainability reporting. Net Zero Cloud integrates with building management systems and IoT devices, allowing real-time monitoring and control of energy consumption. The platform provides advanced analytics and data visualisation features, enabling users to identify trends, patterns and potential energy-saving opportunities. Net Zero Cloud supports carbon footprint calculation and offers comprehensive sustainability reporting tools. With its flexible and scalable architecture, Net Zero Cloud caters to the needs of organisations of various sizes. However, the complexity of the Salesforce platform may require additional training and expertise for effective implementation.
EP&T:
EP&T (Energy Performance & Technology) is an ESG technology provider specialising in energy management and building optimisation. EP&T offers various solutions encompassing real-time energy monitoring, data analytics and control systems. Their platform enables organisations to gain visibility into energy usage, identify inefficiencies and implement targeted energy-saving measures. EP&T’s advanced analytics capabilities leverage machine learning and artificial intelligence algorithms to identify optimisation opportunities and predict future energy consumption. The platform also provides automated fault detection and diagnostics, enabling proactive maintenance and energy efficiency improvements. EP&T’s solution focuses on energy management and optimisation, which may limit its offerings in areas such as reporting and benchmarking.
In the realm of ESG technologies for building energy consumption, Envizi, Measurabl, Salesforce – Net Zero Cloud, and EP&T offer distinct features and functionalities. While Envizi excels in energy management and benchmarking, Measurabl specialises in data management and reporting. On the other hand, Net Zero Cloud caters to the needs of organisations of various sizes and supports their carbon footprint calculation and offers comprehensive sustainability reporting tools, whereas EP&T focuses on energy management and optimisation. It is ultimately an organisation’s choice as all four assist them in monitoring and optimising their energy usage.
Bibliography
1. Image Source- SMGENERGY, 2023. [Online]
Available at: https://www.smgenergy.com/2023/02/10/focus-on-the-e-of-esg-and-its-relation-to-energy-management
[Accessed 15 May 2023].