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The Role of Data in Achieving New Zealand’s Net Carbon Zero Targets

The Role of Data in Achieving New Zealand’s Net Carbon Zero Targets

by | Dec 10, 2024 | Energy, News, Panoramic Power, Sustainable Business

In the past three to five years, legislative changes have prompted many New Zealand businesses to evaluate their contributions towards the country’s net carbon zero targets. Despite their commitment to sustainability and reducing CO2 emissions, many companies find themselves stuck at the implementation stage due to a lack of necessary data.

The Importance of Data in Sustainability

The journey towards sustainability is fundamentally dependent on data. Data is crucial, from setting decarbonisation goals to determining the actions needed to achieve those goals and monitoring progress. Most sustainability projects involve significant investments in onsite energy generation, transitioning to renewable energy sources, diversifying the energy mix, or investing in more efficient machinery.

Granular data collected at the machine, process, and facility levels empowers decision-makers to justify their investments and confidently implement sustainability initiatives.

Establishing Baselines and Monitoring Progress

Once an investment decision is made, organisations need to establish baselines and monitor progress. Highly accurate IoT devices can measure energy use and emissions across critical machinery, creating a baseline for tracking progress and identifying areas for improvement. Monitoring energy consumption, operational efficiency, and emission levels allows organisations to set realistic, data-backed sustainability targets, monitor initiatives over time, and collect the data needed to meet reporting obligations.

Case Study: The Power of Data in Action

A national retail chain, a client of Total Utilities, demonstrates the power of data in action. The Panoramic Power Energy Intelligence solution helped identify out-of-hours energy waste equivalent to 51,000kg of Scope 2 CO2 emissions. By using Panoramic Power sensors to measure the energy consumption of their HVAC system, they identified an opportunity to optimise these assets during non-operational hours, achieving $105,000 per year in total energy cost savings.

Criteria for Effective Data Utilisation

For data to successfully drive sustainability initiatives forward, it must meet the following criteria:

  • Generate Insights: Organisations striving for net zero need more than just raw data; they need actionable insights. A robust data tool is required to generate these insights, allowing key stakeholders to visualise the full energy picture, identify sources of waste, and determine where interventions will have the most significant economic and environmental impact.
  • Be Readily Shareable: Companies worldwide often suffer from data silos, where relevant data does not reach those who need it for daily operations. A data tool that facilitates easy sharing across departments and stakeholders empowers both site and management levels to carry out their tasks efficiently and accurately.
  • Ease Reporting Obligations: Organisations face increasing pressure to collect and maintain accurate emissions and resource consumption data and report on decarbonisation efforts. A data-driven energy monitoring strategy provides a clear view of energy and carbon performance and generates detailed reports required for regulatory and legislative compliance with Scope 1, 2, and 3 emissions.

Harness Energy Intelligence and Boost Your Sustainability Initiatives

When organisations have confidence in their data, they can better manage their energy use. Data will be the cornerstone of successful sustainability journeys going forward. By collecting, analysing, and acting on data-driven insights, manufacturing organisations can bridge the gap between commitments and implementation, achieve net-zero goals, and build a more sustainable future.

How Total Utilities Can Help

Our expert team can help you unlock significant energy savings with a short-term return on investment (ROI). Typically, we can identify up to 25% savings with an ROI of less than 2 years.

We offer the easiest-to-install, and fastest for ROI energy management solution, that scales effortlessly from a few devices to full-site or multi-site operations. Experience actionable insights and real-time analytics that drive efficiency and sustainability. Our solutions work for everyone, helping your organisation kickstart cultural transformation towards a sustainable future.

For more information check out a brief overview of our service here.

Ready to start saving? Contact us today to schedule your energy audit and begin your journey towards greater efficiency and cost savings!

Russell Craig – CTO Microsoft New Zealand – Discusses with David Spratt at Total Utilities the cost and business case for Sustainability.

Russell Craig – CTO Microsoft New Zealand – Discusses with David Spratt at Total Utilities the cost and business case for Sustainability.

by | May 3, 2022 | Carbon Neutral, COP26, Energy, IoT, Sustainable Business

A recent Microsoft report on New Zealand’s sustainability performance shows that more than three quarters of NZ businesses now have carbon reduction plans and policies. But that’s where the green wave crashes into a wall – and uncertainty about costs is a major factor.

According to Microsoft’s ‘Accelerating the Journey to Net Zero’ report, two related reasons stand out as to why businesses are failing to meet their targets. One is that businesses are unsure how to monitor their emissions, giving them no clear baseline or way to chart their progress. The other is cost. But as Total Utilities Sustainability Director, David Spratt, argues in a recent Microsoft article outlining the report findings, you have to consider the cost to your business of not transforming and the opportunity to increase market share if you do. While the report found that only 43 percent of NZ organisations have the financial resources needed to execute their carbon reduction policies – that’s assuming they’ve made accurate calculations. It’s hard to make a clear business case and create a roadmap for change without the right facts and figures. There are also significant disparities between sectors when it comes to making these estimates.

Decarbonisation – cost vs value

David points out that businesses need to look past simple upfront investments as many calculations relating to sustainable ‘costs’ ignore the significant efficiency gains that can be made. He referenced a manufacturing customer of Total Utilities who was looking to purchase a new transformer worth $1 million. Yet by placing IoT sensors in its factories to measure the actual demand on the system, Total Utilities demonstrated that significant efficiencies could be made that meant the transformer wasn’t needed. As David observed, implementing a well-researched sustainability plan can actually save on both utilities and capex costs. “We had another client, a construction firm, who put in bids for five major projects. Every single one of their clients wanted to know their sustainability credentials, and when they visited other builders’ websites, those credentials were on the home page. Sustainability, and communicating what actions you’ve taken to achieve this, have become essential to doing business in the sector.” He explains that businesses also have to consider their employer brand, in view of today’s skills shortages. People are looking for employers whose values align with theirs, and in many cases, who are actively demonstrating their progress on sustainability and decarbonisation. “When we talk about investing in sustainability, we’re not just talking about environmental sustainability but business sustainability – your ability to retain staff and customers, and their perception that your business is viable into the future,” says David.

Get with the programme

Another major reason that businesses predict they’ll fail to meet their decarbonisation targets is that they are unsure how to monitor their emissions, giving them no clear baseline or way to chart their progress. At Total Utilities, we have dramatically pivoted our business model over the past few years from supporting businesses to monitor and reduce their utility overheads from gas, water, electricity and cloud consumption – to using that data to measure your carbon footprint and support a sustainable transition. Our evolution reflects the fact that in recent years decarbonisation has moved from something just a few, ‘eco-conscious’ businesses or big emitters have focused on, to being embraced by the majority of NZ businesses. The government’s Climate Change Response Act enshrining the net zero carbon by 2050 target in law, as well as a raft of other legislation and consumer demand, have added further pressure to address climate change. The message to NZ business is clear – get with the programme or get left behind. There’s no doubt achieving net zero carbon will require significant investment and commitment right across the board. But turning New Zealand’s poor performance around relies on rapidly turning the tide on our mindset about cost vs value of decarbonisation.

  • Need help calculating and reducing your carbon footprint? We’re here to help! Contact us at Total Utilities.

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