Sustainable Environment

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Government and policy makers across the world are working on models to create a sustainable environment by enabling governance of community, environment and economic system to address industrialization and urbanization challenges. Collectively both industrialization and urbanization have led to environmental, energy, real-estate, transportation, safety & security, education and health care concerns. Clearly, community and industry cannot accomplish future expansion and growth without creating a smart and sustainable environment.

On a positive note, policy makers are showing commitment to sustainable environment by creating an ecosystem for smart planet, smart community, Intelligent Buildings, smart cities, smart grid and various smart initiatives. Connected network technology is enabling organizations (private and public sector) to measure and report key performance indicators for smart initiatives such as

• Smart electric grids with capability to produce energy consumption, efficiency and environmental emission information
• Sustainable and optimized transportation system that can report data points for enhanced community service , environmental and energy efficiencies
• Intelligent and economical real-estate for capacity planning and operational efficiency
• Smart security intrusion detection for disaster and emergency response management
• Smart healthcare and education services for enhanced community and citizen experience

Governance of Sustainable Environment
Adoption of intelligent and smart technology systems for buildings, data centers, and energy grids allows data collection process and helps in resolving urbanization and industrialization impact, but government and private organizations have to ensure necessary processes are in place for governance of these systems.

For an example, intelligent buildings can report energy usage information with capabilities to create and manage compliance processes for energy threshold. Key performance indicators such as excess energy consumption by floor, HVAC units, IT systems should be monitored constantly with inbuilt controls such as energy threshold violation, allocated vs. excess consumption by building device etc. Compliance system should trigger necessary alerts and notifications to stakeholders and initiate an incident based on risk or support an audit process. Integrated GRC framework will support assessment of risks in managing intelligent buildings.

Government, Industrialist and Policy Makers are conceptualizing smart (intelligent) city concept with new urban design, metropolitan governance, and infrastructure investment models. Smart cities will be interconnected with subsystems such as smart buildings, smart energy grids, smart transportation, smart safety and security system, smart health care and smart learning through information and communications technology (ICT) Infrastructure. Intelligent cities will collaborate with its subsystems to create an infrastructure for energy optimization, Automated Demand & Response (ADR), Remote Monitoring, and Fault Detection & Diagnostics (AFDD).

As organizations become more conscious toward their corporate social responsibility and environment health safety initiatives, sustainable environment through smart cities, green data centers, smart buildings, energy efficiency becomes a critical component of their sustainable development, and these initiatives should allow organizations to achieve goal of a smart connected community with the help of an integrated GRC system.

MetricStream GRC Solution for Sustainable Environment

• Support environmental management systems(EMS) with policies and procedures for energy usage and environmental regulatory compliance to enable intelligent buildings, green data center and smart cities
• Enable compliance programs to put necessary controls based on energy and waste management regulatory requirements
• Risk management capabilities to measure energy cost and regulatory risks
• Energy audits to measure process and compliance audits with a closed loop system for issue and incident management
• Enable integrated GRC framework by integration of compliance and risk management processes with incident and issue management for disaster and emergency planning for smart and connected communities
• Achieve your CSR and EHS goals with a common framework and an integrated approach for risk management, document control, compliance training, ongoing auditing, recording and reporting of safety issues.