The Power of ESG: Driving Sustainability in Commercial Buildings

SEPTEMBER 11, 2023 | ESG, SUSTAINABILITY, ENERGY OPTIMIZATION AND MONITORING, GREEN BUILDING PRACTICES

In an era where environmental concerns have taken center stage, the imperative to adopt sustainable practices has become more pressing than ever. Commercial buildings, especially large ones like shopping malls and hotels, wield significant influence over energy consumption and environmental impact.

As the world’s focus shifts towards a greener and more responsible future, the principles of Environmental, Social, and Governance (ESG) have emerged as guiding lights. In this blog post, we delve into the profound influence of ESG on large commercial buildings, exploring the potential for sustainability and the role of innovative companies like Tanand Technology in driving transformative change.

ESG: A New Paradigm for Business

ESG encompasses a trio of vital factors that go beyond mere profitability. Environmental factors address the impact a business has on nature, social factors reflect its engagement with society, and governance speaks to its internal ethics and policies.

The integration of these principles has gained momentum across industries, emphasizing the significance of sustainable and responsible business practices. Commercial buildings, known for their substantial energy consumption and waste generation, find themselves at a critical junction where ESG principles can reshape their impact on the planet.

The Environmental Challenge of Commercial Buildings

Large commercial buildings have a pronounced environmental footprint due to energy-intensive operations, high occupancy rates, and the demand for modern amenities.

Heating, ventilation, and air conditioning (HVAC) systems, lighting, and electronic equipment contribute to substantial energy consumption. The resulting emissions and resource depletion underscore the urgent need for energy optimization and sustainable solutions.

Energy Optimization: A Crucial ESG Strategy

Energy optimization is central to any ESG strategy aimed at transforming commercial buildings into environmentally conscious entities. This involves adopting technologies and practices that:

  • Reduce energy consumption
  • Minimize waste
  • Lower greenhouse gas emissions

By optimizing energy usage, commercial buildings can not only decrease their environmental footprint but also realize significant cost savings over time.

The Role of Tanand Technology: Pioneering Sustainability through Innovation

Tanand Technology, an innovative company at the forefront of HVAC energy optimization solutions. With a focus on leveraging AI-driven data analytics and real-time demand control systems, Tanand Technology offers a unique approach to ESG integration in large commercial buildings.

Our AI-driven technologies are tailored to address the complex energy dynamics of various sectors, including shopping malls, hotels, building maintenance facilities, solar systems, pharmaceutical setups, and energy-intensive food or semiconductor manufacturing sectors.

ESG-aligned Solutions by Tanand Technology

Tanand Technology’s commitment to ESG principles is evident through its suite of solutions:

1. AI-driven Data Analytics:

By harnessing the power of AI, Tanand Technology’s data analytics platform identifies energy inefficiencies and provides actionable insights for optimization. This approach aligns seamlessly with the environmental aspect of ESG.

2. Real-time Demand Control:

The real-time demand control system ensures that energy usage remains aligned with actual demand. This not only reduces energy wastage but also contributes to responsible consumption, addressing the social dimension of ESG.

3. Sector-specific Customization:

Tanand Technology understands that each sector has unique energy consumption patterns. Their solutions are customizable to cater to the specific needs of sectors such as buildings, solar, pharmaceuticals, semiconductor and food manufacturing, demonstrating their commitment to tailored solutions in line with ESG.

ESG and the Path Forward

The adoption of ESG principles in commercial buildings isn’t just about complying with standards; it’s about embracing a new way of doing business. By integrating energy optimization solutions that align with ESG goals, commercial buildings can achieve:

  • Sustainable energy saving
  • Contribute to societal well-being
  • Exhibit responsible governance

Tanand Technology’s role in this journey is pivotal, offering a bridge between cutting-edge technology and environmentally conscious practices.

Conclusion

The power of ESG principles lies in their potential to revolutionize the way we approach business and sustainability. Large commercial buildings, with their significant energy consumption, are ripe for transformation through energy optimization solutions.

Tanand Technology’s innovative AI-driven data analytics and real-time demand control systems embody the essence of ESG, addressing the environmental, social, and governance aspects of sustainability. As the world marches towards a greener future, these solutions offer a beacon of hope, guiding commercial buildings towards a more responsible and sustainable trajectory.

Discover more about our success stories in driving sustainability and helping clients save up to 30% on energy costs by visiting our website today.

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The Role of IoT Technology in Optimizing Facilities Management: Features and Benefits Across Buildings

April 25, 2023 | BASICS OF IOT, FEATURES AND BENEFITS OF IOT, FACILITIES MANAGEMENT

Facilities management is an essential aspect of any organization, responsible for ensuring that buildings are efficient, sustainable, and safe. A well-managed facility creates a comfortable and secure work environment for employees, which can have a positive impact on productivity and overall business success. As the workplace continues to evolve with new trends and innovative technologies, facilities management has adapted to support these changes.

One technology that has significantly impacted facilities management is the Internet of Things (IoT). IoT has quickly become a leading solution for improving facilities management and driving business growth. In this blog, we will explore the advantages of using IoT in facility management and how it can help businesses achieve greater efficiency, sustainability, and cost savings.

The Basics of IoT: What You Need to Know

The Internet of Things (IoT) is a network of physical objects, devices, and machines equipped with sensors, software, and other technologies that enable them to collect and exchange data with other devices over the internet. This technology empowers businesses to gather real-time data on their products, services, and operations, which can then be analyzed to identify patterns, insights, and opportunities for optimization. By leveraging IoT, it is possible to establish connections between devices or systems, simplifying work and adding convenience.

  • Sensors are responsible for collecting data on a range of variables, such as temperature, humidity, and motion.
  • Connectivity allows devices to share data with other devices and central systems.
  • Processing power enables devices to analyze and make sense of the data they collect.

3 Advantages of Adopting IoT for Facilities Management

In today’s fast-paced and interconnected world, businesses cannot afford to ignore the benefits of IoT technology. The integration of IoT-enabled devices and solutions has revolutionized facilities management across various sectors, from hospitality to aviation. Therefore, it is crucial to understand the benefits of integrating IoT technology into your facility’s management solutions and explore how it can improve the overall management process.

  • Real-time data improves efficiency – IoT provides automated data collection, which allows facilities managers to collect relevant data in real time. This information helps to identify and rectify inefficient processes, leading to better capital planning and overall facility management. With real-time data, IoT-enabled building management tools provide added benefits to current maintenance efforts, enhancing their value further.
  • Enhanced building and data security – IoT offers both physical and digital security benefits for businesses. On the physical side, real-time alerts from IoT sensors provide early warnings of potential security threats, such as equipment malfunctions. From a digital standpoint, IoT-enabled smart buildings help protect against cyber-attacks and digital security breaches, safeguarding digital assets.
  • Energy savings through reduced wastage – IoT helps businesses reduce energy wastage, making it an eco-friendly solution for facilities management. Smart sensors provide real-time data insights that help identify areas of energy inefficiency. This data allows facilities managers to make informed decisions that reduce energy wastage, leading to significant financial savings in the long run.

Conclusion

To sum up, incorporation of IoT technology into facilities management solutions can significantly improve the efficiency and streamline the management process of buildings. As IoT technology continues to evolve and become more widespread, it is expected to become an essential tool for facilities managers across various industries.

Take a look at our Easi HVAC (HVAC Optimizer) solution to discover its numerous features and benefits.
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The Importance of MHE or Forklift and Pedestrian Safety Systems: Use Cases and Benefits Across Industries

APRIL 4, 2023 | MHE OR FORKLIFT AND PEDESTRIAN SAFETY SYSTEM, USE CASES, COLLISION AVOIDANCE, COST REDUCTION

MHE (Material Handling Equipment) and forklifts are commonly used in a wide range of industries, from warehousing and manufacturing to construction and retail. While these machines are essential for efficient material handling, they also pose a significant risk to pedestrian safety in the workplace. In fact, according to OSHA, forklifts are one of the most frequently cited workplace hazards, and pedestrian accidents involving forklifts can result in serious injury or even death.

To mitigate this risk, many companies are investing in MHE and forklift pedestrian safety systems, such as IoT sensors, alarms, and cameras. These systems are designed to alert forklift operators when pedestrians are nearby and help prevent collisions.

But the benefits of these safety systems go beyond just avoiding accidents. By implementing these systems, companies can also increase productivity by reducing downtime caused by accidents, lower insurance costs by improving safety records, and improve employee morale by creating a safer work environment.

The diverse use cases for MHE and forklift pedestrian safety systems:

Use Case 1: Warehouse Operations

In warehouses and distribution centers, MHEs or forklifts are used to transport heavy goods from one location to another. However, with pedestrians working alongside MHE or forklifts, the risk of accidents is high. To address this, safety systems such as warning lights and audible alarms can be installed on forklift to alert pedestrians of their presence. Additionally, IoT sensors can be placed at intersections and blind spots to detect pedestrians and activate warning signals on forklifts.

Use Case 2: Manufacturing Plants

In manufacturing plants, problems such as the risk of collision between MHEs or forklifts and operators, frequent speeding, and falling items occur from time to time.

To avoid collision, the manufacturer installed the AI anti-collision warning system with a display screen to monitor pedestrians moving back and forth. Hence, the system automatically sends warning signals to MHE or forklift operators and pedestrians.

In addition, MHE or forklift speed limiter can be equipped to provide some useful features to increase safety of drivers and pedestrians as well as improve driving behavior.

  • Adjustable speed limits: The speed limit can be changed depending on the requirements of the particular task or the operating environment.
  • Audible warning system: Warns the operator and workers of MHE or forklift’s existence, especially when it is turning or going backward.
  • Automatic speed reduction: Reduce the MHE or forklift’s speed automatically whenever it approaches an intersection or a walkway for pedestrians.
  • Emergency stop: In an accident or when a collision is about to occur, the MHE or forklift must be stopped immediately.
  • Data logging and reporting: Gather and report information about the MHE or forklift’s speed and movements so that it can be used to locate high-risk locations and enhance safety procedures.

Use Case 3: Retail Stores

Retail stores are considered one of the industries that are also equipped with MHEs or forklifts to move merchandise and products. Since the retail store is public, there will be many shoppers. It raises the danger of collisions with customers.

To minimize the risk of collision, the safety systems which are used in retail stores, include warning signs and barriers. Hence, forklifts and pedestrians can be separated by barriers, meanwhile the customers can be warned by warning signs when MHEs or forklifts are nearby. Additionally, MHEs or forklifts can have speed limiters added to lower the speed, which can significantly reduce the likelihood of collisions and injuries.

Use Case 4: Construction Sites

Another industry that usually adopts the MHEs or forklifts is construction sites to move the heavy materials such as concrete, steels, bricks, and others efficiently. However, the limited space makes it difficult for workers and MHEs or forklifts to move around, particularly since workplaces are frequently busy and chaotic. As a result, collision accidents occur because the MHE or forklift operators are unable to see the workers clearly.

To solve such problems, construction sites apply the combination of cameras and sensors that offer a 360-degree viewing capabilities as a security system for MHEs or forklifts. Thus, the camera provides a clear view of the work area where there is poor visibility or blind spots. Besides, the system also assists in detecting pedestrian surroundings and notify MHE or forklift users of potential dangers. It prevents equipment damage and worker injury.

Conclusion

In conclusion, MHE and forklift pedestrian safety systems are critical for protecting workers and preventing accidents in a variety of industries. By implementing these systems, companies can improve safety records, increase productivity, and create a safer work environment for their employees.

ESG and Energy Monitoring: A Powerful Pair for a Sustainable Future

MARCH 22, 2023 | ENERGY MANAGEMENT AND MONITORING, ENERGY EFFICIENCY, ESG, SUSTAINABILITY

Energy management and monitoring refer to the processes and systems used to optimize energy usage in buildings, industries, and more. Real-time monitoring and analysis of energy data can help identify areas of high energy use and potential energy savings opportunities. So, energy management and monitoring are critical components of ESG (Environmental, Social, and Governance) initiatives.

In recent years, companies have become increasingly aware of the importance of sustainability and are implementing measures to reduce their environmental impact. Investors are increasingly considering ESG factors when making investment decisions, as they recognize the importance of sustainable and responsible business practices. Companies that implement effective energy management and monitoring strategies are more likely to be viewed positively by investors.

Thus, energy management and monitoring play a key role by helping companies:

  • Improve their energy efficiency
  • Reduce their carbon footprint
  • Comply with environmental law

Beyond Sustainability: The Business Benefits of Energy Monitoring

1. Cost savings

Energy management and monitoring can lead to significant cost savings for businesses, as reducing energy consumption can lower utility bills and operational expenses. By optimizing energy use, companies can improve their bottom line while also reducing their environmental impact.

Energy management and monitoring includes activities such as:

  • Tracking energy consumption – identify areas where energy is being wasted, such as equipment that is left on when not in use or inefficient processes 
  • Reducing energy waste –  results in lower emissions 
  • Adapting energy efficiency measures – upgrading to more energy-efficient equipment or implementing renewable energy solutions

The other ways of conducting energy management is by building automation systems to control lighting, HVAC systems and so on. Investing in energy-efficient technologies can reduce energy consumption and lower operational costs in the long run.

By monitoring energy usage, it is possible to project future energy expenses. This can help businesses better plan and budget for energy-related expenses, reducing the likelihood of unexpected expenses and helping to ensure more stable financial performance. Hence, optimizing energy usage can help to save money on energy costs and avoid paying unnecessary fees.

2. Achieve energy efficiency goals

Monitoring energy usage is equally important in achieving energy efficiency goals. Energy efficiency goals typically focus on reducing energy consumption while maintaining productivity and comfort levels. Identifying and collecting data from the energy consumption is crucial to provide vital insight. This information can be used to make adjustments and take corrective action as needed to ensure that the organization is on track to achieve its goals. For example, the information can be used as: 

  • Energy benchmarking – that can help managers to compare their energy performance with others and thus make improvement
  • Set realistic energy usage goals based on historical & real-time data
  • Energy efficiency upgrades – identify opportunities to upgrade energy-efficient appliances

Moreover, company can do regular energy monitoring to evaluate the effectiveness of their energy efficiency strategies and thus it helps businesses to: 

  • Detect and fix issues with their energy systems- identify patterns and any abnormal spikes or dips in usage
  • Reduce risk associated with energy usage such as electrical fires
  • Save the cost– improve energy utilization which leads to cost-effectiveness

It is challenging to maintain efficiency certifications and targeted goals without ongoing analyses because it misses identification of energy consumption which will lead to energy wastage. Hence, utilizing new intelligence from these deployments can lead to certifying facilities to efficiency standards.

3. Improve ESG reporting

Energy management and monitoring also play a crucial role in ESG reporting. ESG reporting is a process where companies disclose their environmental, social, and governance performance to stakeholders. ESG reporting has become increasingly important, as stakeholders place greater emphasis on sustainability and social responsibility.

Companies that effectively manage their ESG performance can attract socially responsible investors, and enhance their reputation and long-term financial performance. So, meeting ESG metrics can build trust and credibility with stakeholders and contribute to their long-term success.

Energy monitoring also can help organizations demonstrate their progress towards energy efficiency goals and other ESG targets. This includes information such as: 

  • Energy usage
  • Greenhouse gas emissions
  • Other sustainability metrics

4. Comply with environmental regulations

Energy use has a significant impact on the environment including air pollution, water pollution, climate change, and other environmental issues. The importance of energy regulations has grown as the global community has become more aware of the urgent need to address climate change and other environmental issues.

To protect human health, address these impacts and promote more sustainable and equitable energy systems, governments around the world have implemented a range of regulations and policies related to energy use and production. So, energy management and monitoring are critical for adhering to rules. Also, it can help organizations comply with a wide range of environmental regulations and better conserve the resources.

By monitoring energy usage, it can benefit both the company and society because it helps organizations identify and manage environmental risks related to their energy use and associated emissions. Therefore, the companies that with good management of energy usage can ensure they meet these requirements and avoid penalties or fines.

Conclusion

To sum up, effective energy management and monitoring enabled the companies to reduce utility cost, minimize the environmental impact, walk the talk of social responsibility and sustainability, and abide by environmental laws. Investing in energy management and monitoring can be an excellent long-term strategy for businesses looking to enhance their environmental and social impact.

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OEE Monitoring In Manufacturing: Why is it important, What are the opportunities and challenges

OCTOBER 15, 2021 | OEE MONITORING IN MANUFACTUING:WHY IS IT IMPORTANT, WHAT ARE THE OPPORTUNITES AND CHALLENGES

Have you ever wondered if your machinery is operating at its full load capacity? Or perhaps you’ve seen numerous time losses in your equipment during various operations, resulting in a reduction of overall output but you can’t seem to find the source of the problem. A situation like this is precisely why overall equipment effectiveness helps solve and correct.

The term overall equipment effectiveness (OEE) is used to evaluate how efficiently a manufacturer’s operation is being used. OEE helps you identify the problems in your operations and determine which percentage of production time is truly productive and repair it while providing a consistent measure for measuring progress. Moreover, continuous improvement is the objective of measuring your OEE.

OEE is an important measuring tool that provides a lot of information in a single figure and there are multiple ways of measuring manufacturing productivity from OEE. When OEE is measured and evaluated correctly, it has the potential to maximize your production. The benchmark of OEE is used to compare any given production to industry standards and in-house equipment. The standard OEE benchmark is measured as follows:

  • Perfect production is defined as an OEE score of 100 percent, which means you’re only producing high-quality components as rapidly as possible with no downtime.
  • For discrete manufacturers, an OEE score of 85 percent is considered world-class and is a long-term objective.
  • A 60 percent OEE score is common for discrete manufacturers, indicating that there is still a lot of opportunity for development.
  • An OEE score of 40 percent is considered poor, but it’s not unusual for manufacturers that are just getting started with performance tracking and improvement. In most situations, a poor score may be readily improved by using simple steps.

Continuously measuring OEE requires you to obtain different sources in different times frame such as connectivity between different management systems (ERP, MES), equipment sets, IoT devices and staff reporting (tablets, screens). 

With production line producing more than one product, it makes sense to manage OEE in the context of the specific product and specification which correlates to the two key OEE parameters, Availability and Efficiency.

Opportunities

  • By using OEE management, data collection is more accurate than manually inputting on a spreadsheet.
  • OEE can be an important tool in balancing tasks and responsibilities in your manufacturing
  • OEE can help you understand how to increase profit through increased Availability

Challenges

  • It is easy to collect any data of machine faulty but when there’s too much data, it becomes a mess that makes it difficult to identify the real issue. Collect less data, do it effectively, and then make judgments based on that data. The value of data is determined by how it is applied.
  • Human interpretation still needs to remain in the core element of OEE study and calculation. When a machine goes down, part of the line control system (the data collecting software) should be able to immediately tell the status change, but this is not always the case. This is where we need to validate the data and correct the software setup which requires humans to collect the data and understanding the contributing factors behind the numbers.

Benefits of using Overall Equipment Effectiveness (OEE) to improve production

Implementing an overall equipment effectiveness strategy can help you meet your production goals. It enables you to fine-tune production processes in real-time, decreasing downtime, boosting capacity, lowering cost, enhancing the quality, and increasing efficiency.

  1. Return of Investment (ROI): Your company heavily invests in machinery, and it is crucial to receive the maximum return of investment. When using the OEE strategy, it may have a significant impact on your bottom line by producing more products on the same equipment at the same time.
  2. Maximize Workforce Productivity: OEE can help you figure out why you experience operator downtimes, provide productivity statistics, and highlight delayed changeovers or setup times. This type of information helps in resource allocation, identifying areas of surplus capacity and determining where additional personnel are required.
  3. Easily Visualize Performances:  Overall equipment effectiveness focuses on visibility, allowing you to visualize production difficulties rather than relying on your best estimate. Everyone can see what is working and where improvements are required by combining the major drivers of productivity losses into a single percentage.
https://www.youtube.com/watch?v=e0CD5-qT0EQ