Innovations in IoT and edge compute can play a critical part in reducing enterprise carbon emissions, a leading analyst has said.
With many organisations working to cut their environmental impact in the wake of COP26, Abhijit Sunil, an analyst with Forrester, said these two technologies in particular can play a critical role in underpinning reductions in Scope 3 emissions. Scope 3 covers indirect emissions that come from assets that an organization doesn’t own or control directly.
“Emerging technology can help address these issues,” said Sunii. “In 2022, demand for sustainability-related services powered by edge and IoT will grow for energy efficiency and resource management. High-demand use cases will include environmental monitoring, resource management, and supply chain processes.”
Management consulting firm Deloitte recently published a report that illustrates how many companies are struggling to map their emissions footprint across lengthy value chains over which they only have partial control. Their activities at a central location, for example, might have major environmental consequences in the field, remote from their day-to-day activities. Edge and IoT solutions could be critical in measuring and ultimately resolving at least some of issues of this nature.
Scope 3 might also cover the production of raw materials and components bought by a company, or the emissions generated by the use or disposal of an end product which that company sells. It also covers business travel. Deloitte said Scope 3 can comprise more than 70% of an organisation’s carbon footprint.
The report added that a company often won’t even know the extent of their value chain emissions, making it tempting to ignore them completely, but said addressing them is a critical element of the path for reaching net zero.