Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced findings from the 15th annual Energy Efficiency Indicator Survey, which revealed that 62 percent of organizations surveyed expect to increase investments in energy efficiency, renewable energy, or smart building technology in 2022, indicating a return to pre-pandemic levels.
The latest report by the United Nations Intergovernmental Panel on Climate Change advised that global scale transformation is urgently needed to combat climate change, however, the Johnson Controls Energy Efficiency Indicator Survey found that organizations are still facing challenges to accelerate their sustainability efforts in key areas. Almost two-thirds of survey respondents say they struggle to scale sustainability initiatives across buildings, geographies, or business units.
Global Progress has Accelerated in the Last Five Years
The survey revealed that planned investment in energy generation has grown over five years, likely in response to the global focus on decarbonization, and as part of that effort, electrification. More than a third of respondents, plan to replace fossil fuel heating equipment with heat pump technology in the next year – 7 percent more than what was implemented in the year prior. Thermal energy storage jumped from 27 percent to 42 percent in the last five years. More than half of respondents implemented electric energy storage in the past year.
The Johnson Controls Energy Efficiency Indicator Survey collected responses from 1,000 participants globally between November and December 2021.
For more on the survey findings, visit: https://www.johnsoncontrols.com/2021EEI
