Articles
Belimo Building Controls Business & Growth Strategy 2022 Examined
March 27th, 2023Trane Technologies’ Commercial HVAC Business 2022 Examined
March 22nd, 2023
Bosch Energy & Building Technology Business 2022 Examined
In this Research Note, we examine the Bosch Energy and Building Technology businesses, based on their 2022 annual results, M&A strategy and related activities in energy, building automation and security systems. Bosch Energy and Building Technology (EBT) business, the smallest of four reportable sectors, accounted for €7.0 billion in revenues in 2022, around 8% of […]

Net Zero Buildings Explored: GSA Wayne Aspinall Federal
The GSA Wayne Aspinall Federal Building is a heritage building located in Grand Junction, Colorado, and stands as a testament to historical net zero conversions. The building was GSA’s first net-zero energy building on the National Register of Historic Places, achieved LEED Platinum, an AIA COTE Top 10 Award, and continues to be an example […]

Schneider Electric Buildings Business 2022 Examined
In this Research Note, we examine the Buildings business of Schneider Electric, based on their 2022 Full Year Results, presentations and significant activities and strategy in the smart buildings space throughout 2022. Buildings are one of four end markets that Schneider Electric addresses with a complete portfolio of products, solutions and services. In its Q4 2022 […]

Net Zero Buildings Explored: United Therapeutics
United Therapeutics Corporation is an American publicly-traded biotechnology company that specializes in developing innovative therapies for rare diseases. In 2019, the company completed the construction of a new 135,000-square-foot headquarters in Silver Spring, Maryland. The Unisphere is a testament to the company’s commitment to sustainability, using a variety of energy generation, efficiency, and embodied carbon […]

THAT Overused “40%” Building Energy Consumption Statistic Investigated!
“Buildings account for 40% of all energy consumption and represent 40% of all greenhouse gas emissions”. Yes, this is another article that starts with the same statistic you’ve heard for the past decade! Like a bad smell, it permeates every research report, media article and industry conference you’ve attended in recent memory. It must be […]

Net Zero Buildings Explored: The Forge, Bankside
Completed in January 2023, The Forge, Bankside, comprises two new-build net-zero commercial office buildings of nine storeys each and almost 140,000 square feet of internal space. It is the first commercial office development constructed and operated in line with the UK Green Building Council’s (UKGBC) net zero carbon buildings framework. Property developer, Landsec, has constructed […]

Systemair Ventilation Business 2022 Examined
Founded in 1974, Systemair AB is a ventilation and air conditioning group with operations in more than 50 countries. The firm has reported an operating profit every year since its establishment and, over the past 10 years, the company’s average growth has averaged over 9%. In the 2021/22 financial year, Systemair achieved sales of SEK […]

Mapping the Strategic Direction of Carrier in the Smart Buildings Space
This Research Note examines the emerging strategic priorities of Carrier Global Corporation in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the business, by categorizing the various business relationships by technology and investment type over a 3-year period. This article is intended as a non-exhaustive indicator of […]