Leading enterprises are actively promoting sustainability, resilience, and responsible asset operations, actively integrating sustainability and digital transformation to drive better business results. According to the IBM CEO study, CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers. More than eighty percent of the interviewed CEOs say sustainability investments will drive better business results in the next five years. This underscores the potential of aligning businesses with sustainable practices.
As leaders in asset management operations, it’s crucial to help your company deliver on the bottom line. Discover how the IBM® Maximo® Application Suite (MAS) can help optimize the efficiency of your assets through operational emissions management.
Unlocking the benefits of emissions management
Emissions management involves tracking and controlling a wide range of emissions released into the atmosphere during industrial processes, including intentional and unintentional emissions such as pollutants from manufacturing and exhaust gases from power plants. Managing these byproducts effectively involves optimizing assets and identifying emerging issues early on, leading to benefits in environmental responsibility, operational efficiency, regulatory compliance, and workplace safety.
Strategic planning and operational efficiency
Efficient assets have longer lifespans, improved performance, and contribute to uninterrupted production. For example, Sund & Baelt automated their inspection work to monitor and manage critical infrastructures, resulting in reduced time and costs, increased asset lifespan, and reduced carbon footprint. Strategic maintenance planning drives significant cost savings and encourages collaboration among different departments to achieve common sustainability goals.
Compliance and fines
Emissions management is pivotal in enabling compliance with stringent regulatory standards, avoiding accumulation of fines due to non-compliance. The EPA has levied fines to companies that mismanage emissions under the Clean Air Act, and amendments to the act have introduced new fines for methane leaks, emphasizing the importance of adhering to regulations.
Operational health and working environment
Emissions management efforts can help establish a safe working environment across your organization, reducing health risks and positively impacting the well-being of workers. Compliance with occupational health and safety standards creates a workplace that prioritizes employee safety. Efficient and responsible enterprise attracts top talent and becomes appealing to investors, receiving more support from governing bodies.
Better manage emissions with MAS
IBM’s Maximo Application Suite (MAS) provides applications to improve asset health and reliability and offers capabilities to enhance emissions management, such as reliability-centered maintenance strategies and proactive approaches powered by AI and industry-leading algorithms. MAS plays a pivotal role in emissions management by providing operational data capture, governance, safety measures, and incident management.
Envizi and MAS: Better together
The IBM® Envizi™ ESG Suite and MAS complement each other to provide a comprehensive emissions management solution, offering enterprise and site-level reporting, as well as asset-level reporting for full traceability and accountability.
Optimizing the operational efficiency of assets through emissions management enables organizations to predict and prevent issues, reduce emissions, ensure compliance, and create a safer and healthier work environment. Investing in emissions management technologies like MAS minimizes environmental impact, paving the way for a sustainable future and a greener planet.
For more information on implementing IBM Maximo Application Suite for your business, visit IBM Maximo Application Suite.
What is the IBM Maximo Application Suite (MAS)?
The IBM Maximo Application Suite is a comprehensive suite of applications designed to improve asset health and reliability, offering capabilities for operational emissions management, reliability-centered maintenance, and proactive approaches powered by AI and industry-leading algorithms.
How can emissions management benefit organizations?
Emissions management benefits organizations by promoting operational efficiency, regulatory compliance, workplace safety, and a positive corporate culture. It also attracts top talent and becomes appealing to investors, ultimately leading to more support from governing bodies.
How can MAS and Envizi work together for emissions management?
The IBM Envizi ESG Suite and MAS complement each other to provide a comprehensive emissions management solution, offering enterprise and site-level reporting, as well as asset-level reporting for full traceability and accountability. The synergy of both solutions enables accurate gauging of organizations’ performance and the operationalization of their sustainability goals.