Gridpoint Timberrock

Building energy management platform adds commercial carbon accounting

Sept. 26, 2022
GridPoint partners with TimberRock to simplify carbon emission management for commercial businesses. Auditable carbon accounting reporting combined with automated building controls helps businesses manage emissions in real time to drive sustainability.
Gridpoint Timberrock

GridPoint, a specialist in building energy management and optimization technology that decarbonizes commercial buildings and drives grid modernization, in partnership with TimberRock, a software and energy solutions provider that helps organizations account for and reduce their energy emissions, have now announced a new technology integration partnership.

The firms' partnership delivers a simplified carbon accounting, management and reduction platform for commercial businesses looking to comply with climate-related emission disclosure guidelines, while driving emissions reductions.

Mark Danzenbaker, CEO of GridPoint, explained:

“Combining TimberRock’s insights alongside GridPoint’s platform significantly enhances the data available to businesses as they transition toward net zero emissions. The integration will equip businesses with visibility into their carbon footprint, controls to help adjust emissions in real time and reporting capabilities to adhere to oncoming environmental impact regulations.”

ESG and net-zero goals

As a growing number of corporations launch sustainability initiatives, adopt environmental, social and governance (ESG) standards, and work toward net zero emissions, the partners contend that the GridPoint-TimberRock partnership addresses an increased demand for standardized, accurate data and reporting on carbon reduction metrics.

The companies emphasize how:

"...Governing bodies like the Securities and Exchange Commission are considering new requirements to disclose direct greenhouse gas emissions (Scope 1), indirect emissions (Scope 2) as well as emissions that are the result of activities from assets not owned or controlled by the reporting organization (Scope 3)."

Addressing this challenge, TimberRock’s E-IQ platform provides accurate and auditable greenhouse gas and carbon reduction metrics, including Scope 1, 2 and 3 emissions, that are ready for third-party validation to support customer sustainability reporting.

The firm notes that the data yielded from carbon reduction metrics has a wide range of applications, including tracking progress of sustainability initiatives, reporting on ESG compliance, and anticipating future regulations as governing bodies consider added requirements for emissions reporting.

Going to market under the shared Beyond Accounting brand, the companies contend the combination of TimberRock and GridPoint’s data unlocks new pathways for CO2e reduction.

As jointly stated by the firms, via the new technology platform:

"Customers can adjust building performance to a variety of factors like energy cost savings, utility signals like demand response and now, carbon emissions. Customers can automate and orchestrate energy-intensive equipment and distributed energy resources (DERs) within a building to reduce electricity demand at times when energy production is most carbon intensive. These CO2e mitigations are quantified via immutable record and ready for audit or third-party verification."

“Many organizations are committed to achieving net zero emissions but lack both the data to account for CO2e and the tools to then reduce it,” concluded Brent Hollenbeck, founder and CEO of TimberRock. “We’re excited about the integration with GridPoint’s platform as it addresses both of these challenges and provides companies the tools needed to achieve their goals.” 

For more news, projects, and profiles in the smart buildings ecosystem, subscribe to the SBT newsletter and follow us on LinkedInTwitter, and Facebook.

Voice your opinion!

To join the conversation, and become an exclusive member of Buildings, create an account today!

Sponsored Recommendations

Building Security & Technology Month

Date: May 8, 15, 22, 29. 2024Time: 1:00 PM EDT / 12:00 PM CDT / 10:00 AM PDT / 5:00 PM GMTSponsors: Duration: 1 Hour each  Register Today!  Single sign...

Building Better Schools

Download this digital resource to better understand the challenges and opportunities in designing and operating educational facilities for safety, sustainability, and performance...

Tips to Keep Facility Management on Track

How do you plan to fill the knowledge gap as seasoned facility managers retire or leave for new opportunities? Learn about the latest strategies including FM tech innovations ...

The Beauty & Benefits of Biophilic Design in the Built Environment

Biophilic design is a hot trend in design, but what is it and how can building professionals incorporate these strategies for the benefits of occupants? This eHandbook offers ...