Performance, Compliance, and Safety
Using IoT Sensors For Precision Maintenance and ESG
Environmental, social, and governance (ESG) policies are a growing global trend. With potential to maximise profits and reduce risk, ESG is a strategic focal point for all businesses. ESG also holds notable investment appeal.
As ESG-related reporting frameworks take shape, innovations and technologies like IoT sensors come to the fore as a tool for businesses in setting attainable ESG targets, monitoring, performance tracking, and reporting.
At Voltix Services, our culture of innovation is ESG-aligned, with customisable solutions to suit every business’s unique ESG plans.
What are the environmental considerations of ESG?
The environmental pillar of ESG is broadly broken down into efforts to address climate change, preserve natural resources, mitigate waste and pollution, and maximise environmental potential.
There is a strong business case for embracing changes that positively impact the environment. These include reduced consumption, emissions, and related costs – as well as the resilience of these businesses to adapt to changing environmental challenges and regulations.
What are the social components of ESG?
The social pillar deals with the workforce and labour. This encompasses everything from internal practices to reducing risk of injury in the workplace and community engagement and wellbeing.
What is governance in ESG?
Governance covers how a business is run. It covers management, policies, standards and compliance, and disclosures for example. The data collected from IoT sensors, paired with the expertise of facilities maintenance professionals, ensure high-level compliance, more precise risk management and health and safety, as well as transparency and tailored operational strategies.
Top IoT Sensors For ESG
Equipment Monitoring and Condition-Based Maintenance
IoT sensors have the ability to monitor the performance of specific machines and critical equipment. Intelligent insights are remotely accessible anytime, from anywhere. Alerts around unusual trends allow for expedited action, which reduces the extent of damage, related costs, and operational downtime. At Voltix Services, we know before you know to keep your building running smoothly.
These data insights can be used for early fault detection and for simple, advanced maintenance processes. Especially for critical equipment, condition-based maintenance relies on the runtime data of IoT sensors for precision maintenance scheduling around actual usage. This is an investment in risk management, costs savings, and enhanced lifespan and performance of key assets.
Precision maintenance equates to improved efficiency and more streamlined performance. Using this data to formulate strategies around environmental objectives, workplace health and safety, and compliance – for example – has a bearing on ESG.
Leak Detection
Resource preservation is an important environmental component of ESG. Huge volumes of water are lost in the UK every year as a result of leaks. Leaks can go unnoticed for long periods of time and, in some cases, cause structural damage, very expensive repairs, and disruptions.
Leak and flood detection sensors are a powerful early warning system around unusual water consumption and water presence. This empowers fast reactions and resolution – preventing leaks and unnecessary water wastage.
Energy Management
Together with the data from smart meters, IoT sensors play a valuable role in optimised energy management. This is achieved in myriad ways that are tailored to individual facilities. Examples include:
- Optimal heating and cooling around occupancy.
- LED lighting systems around occupancy.
- Precision maintenance to ensure machines are running as efficiently as possible.
- Working with FM experts to understand consumption, identify ways to cut consumption and save.
- Using data to set attainable ESG benchmarks around demand, implement changes without business disruption, and monitor progress.
- Set milestones for the shift to renewables.
Workplace Safety and Comfort
For ESG, this touches on both the social and governance pillars for their impact on staff wellbeing and compliance obligations. Temperature and humidity monitoring ensures a comfortable working environment – and keeps the equipment responsible for this in peak condition.
Carbon dioxide and carbon monoxide are well-known workplace hazards. Carbon dioxide is linked to ventilation and monitoring and monitoring these levels is geared towards a safe and comfortable workplace.
Carbon monoxide monitoring is linked to compliance and poses a serious risk in the workplace. Monitoring carbon monoxide data allows our maintenance teams to intervene to prevent serious risk to health.
Air quality compliance is evolving and is especially important for its impact on health. In the same vein as carbon monoxide monitoring, air quality data ensures safe and healthy workplaces.
Temperature monitoring is another way to prevent the water conditions that are most favourable to Legionella, which is also an important compliance concern for businesses.
Make Innovation for ESG Your Strategy with IoT Sensors
Contact Voltix Services today to get started.