Tracking sustainability metrics: 5 big payoffs
Are you making great strides in sustainability improvements? Are you reaching your energy-efficiency goals? Do you know where the potential exists to reduce energy usage across your portfolio?
The best way to get answers to these questions is to monitor the right sustainability and energy management metrics. The insight they offer can lead to five corporate real estate (CRE) benefits.
1. You can identify, quantify, and enhance consumption patterns
Sustainability and energy consumption metrics provide a real-time and historical look at which building systems and spaces use energy—and how much—so you can identify trends and spikes, reduce waste, and improve efficiency.
Understanding consumption patterns allows you to develop smart strategies to improve building performance. When you apply this concept across an entire portfolio, you can reduce energy consumption in even larger-scale ways.
2. You can apply internal and external benchmarking
Benchmarks offer valuable information that adds context to your sustainability and energy management performance. They help you understand how far you’ve come—and how far you have left to go.
External benchmarking helps you compare the energy consumption of your building or portfolio to facilities with similar sizes, uses, and locations.
Internal benchmarking helps you compare current performance to historical performance levels. You can quantify progress toward specific goals or energy-efficiency initiatives and measure year-over-year consumption trends and behavior changes to identify where actions can be taken (maintenance, replacement, etc.) to better control consumption and emissions.
3. You can detect anomalies
Real-time sustainability and energy management metrics can tell you when and where unexpected inconsistencies and variances in performance or usage occur. Irregularities or oddly high/low energy consumption numbers can be signs of bigger issues, such as equipment malfunction or changes in building usage or occupancy that you didn’t know about.
4. You can predict asset failure
With the right tools and metrics at your fingertips, data about system and asset performance can be used to predict failure based on what you know about its age, usage, maintenance, and performance over time. This insight can help you proactively repair, upgrade, or replace systems before they fail and lead to unexpected downtime and negative impacts on consumption, emissions, and the quality of the workplace.
5. You can optimize demand forecasting
Establishing the right sustainability KPIs and metrics—and tying them to planned changes in the business—can help you make accurate estimates about future consumption demands, so you can prepare and optimize accordingly while staying within specific emissions or usage thresholds.
Ready to accelerate your sustainability?
JLL Technologies helps you uncover consumption patterns, model future energy patterns, address anomalies, compare your sustainability performance to internal and external benchmarks, and much more.
Our pre-built templates and data and business intelligence services provide a world-class solution to help you make data-driven decisions.
Ready to talk to a real estate analytics expert? Contact us.