Mitie Reveals Nine Decarbonisation Predictions for 2024

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11 January 2024

Mitie has published its 2024 Net-Zero Navigator Report, making its predictions for the year ahead whilst offering advice for organisations taking their next steps on the transition to net-zero. 

The report reveals nine key decarbonisation predictions for the year ahead, such as that carbon reporting will go beyond mandatory requirements.

It also features research from 100 sustainability leaders from organisations with over 1,000 employees. When it comes to carbon reporting, a third of these companies are still not confident about predicting their energy usage despite the use of technology. Lingering concerns remain regarding the transition to electric fleets, as over a third (35 per cent) of organisations cited charging costs as the biggest barrier.

Advances in technology allow organisations to measure their carbon emissions more regularly throughout the year and track tangible progress so Mitie predicts that increased measurement will likely become the norm in 2024. However, 18 per cent of organisations surveyed by Mitie have considered AI to gain more insights into energy usage and carbon emissions, but have yet to take action.

Mitie’s Nine 2024 Predictions

1. A move to mandatory carbon reporting.
2. Organisations that reduce emissions will increase their bottom line.
3. AI will be critical to reducing energy consumption, but the resources needed to implement may be a significant drain on an organisation’s energy consumption.
4. By reducing water consumption organisations can tap into a quick win that gives a competitive advantage.
5. Energy price instability will continue, with further energy crises every few years.
6. Organisations will act more proactively, ensuring they’re segregating and disposing of their waste correctly.
7. Businesses will have to think about solving EV infrastructure problems to get ahead with electrifying their fleets.
8. The business case for biodiversity net gain will grow stronger than ever.
9. Organisations laying the groundwork for smarter data collection and benchmarking will be better prepared for the energy market of the future.

Pradyumna Pandit, Managing Director, Energy and Decarbonisation at Mitie, said: “The start of a new year brings the opportunity to reflect on the progress made towards net zero goals and set new resolutions to accelerate their achievement. From the use of technology in carbon reporting to an increased focus on biodiversity, the predictions and findings from this year’s Net Zero Navigator will provide organisations with ideas, tools, and guidance to make an impact on their emissions in 2024.”   

Picture: a close-up photograph of some long grass. Image Credit: Pexels

Article written by Ella Tansley | Published 11 January 2024

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