A. O. Smith Offers New Analytical Tool to help States and Policymakers Decarbonize Buildings to Meet U.S. Greenhouse Gas Reduction Goals

Rhea-AI Summary

A. O. Smith Corporation (NYSE: AOS) launched an analytical tool aimed at helping states, policymakers, and consumers achieve greenhouse gas (GHG) reduction goals, as detailed in its new white paper titled "Electrification of Water and Space Heating in Buildings". The tool quantifies energy use and environmental impacts, focusing on states like California and New York. A. O. Smith is committed to reducing GHG emissions by 10% by 2025 and emphasizes affordable and innovative water heating technologies to drive consumer adoption.

Positive

• Introduced a new analytical tool for GHG reduction, enhancing A. O. Smith's innovative reputation.
• Set a clear goal to reduce GHG emissions by 10% by 2025, showing commitment to sustainability.

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• None.

MILWAUKEE, Sept. 22, 2021 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) today released details of a new analytical tool designed to help states, policymakers, utilities, installers and consumers by analyzing energy use data to help attain achievable solutions to meet greenhouse gas (GHG) reduction goals for the future. The tool, as outlined in an A. O. Smith white paper entitled "Electrification of Water and Space Heating in Buildings," provides a pragmatic roadmap to reducing GHG emissions resulting from water and space heating in buildings.

Pragmatic Building Decarbonization is Necessary to Successfully Meet Climate Change Mitigation Goals

The company's white paper details how the tool can be used to quantify energy use and environmental impact through various policy scenarios for residential and commercial space and water heating solutions in buildings. Among states highlighted are California and New York, two states with ambitious GHG reduction goals but very different climates and building inventories that are key factors in any solution. In these policy scenarios, the analysis also identifies associated costs, training and education needs and incentive considerations.

"Developing sustainable, innovative solutions in water heating is core to A. O. Smith's values, and we look forward to building on the important work we are sharing today to help mitigate the impact of GHG emissions in our industry," said Kevin J. Wheeler, chairman and chief executive officer. "A. O. Smith made a strong commitment earlier this year by announcing a goal to reduce greenhouse gas emissions 10% by 2025 and is pushing the envelope on product innovations to continue to be an industry leader in offering solutions to reduce carbon outputs."

A. O. Smith, a global manufacturer of water heaters, boilers, and water treatment products, has outlined recommendations for policymakers to drive building decarbonization. The proprietary analysis tool couples a state's or city's reduction goals with A. O. Smith's historic and real-time data as well as current and future water and space heating innovations for both new construction and retrofits in residential and commercial buildings.

"As global commitments to sustainability and efforts to mitigate the impacts of climate change continue to grow, the deployment and development of low carbon footprint technologies is of utmost importance. Now is the time to align national, state, and local pragmatic decarbonization policies, coupled with workforce training and consumer education, which will all be critical in moving the needle on reducing building emissions," said Joshua Greene, corporate vice president, government and industry affairs.

According to Greene, consumer adoption of new space and water heating technologies and ultimately meeting greenhouse gas reduction goals will be driven by product affordability, lifestyle compatibility and incentives.

A. O. Smith will be offering the proprietary tool as well as its industry expertise to interested policy and energy leaders as states and cities consider goals, policies and solutions to reduce building carbon footprints. For more information, click here.

About A. O. Smith
A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE: AOS), the Company is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products. For more information, visit www.aosmith.com.

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SOURCE A. O. Smith Corporation

FAQ

What is A. O. Smith's new analytical tool?

A. O. Smith's new analytical tool helps analyze energy use data to aid in achieving greenhouse gas reduction goals in buildings.

How does A. O. Smith plan to reduce greenhouse gas emissions?

A. O. Smith aims to reduce greenhouse gas emissions by 10% by 2025 through innovative water heating solutions.

What states are highlighted in A. O. Smith's analysis tool?

The analysis tool focuses on California and New York, which have ambitious greenhouse gas reduction goals.

What is the significance of the white paper from A. O. Smith?

The white paper outlines a pragmatic roadmap for reducing GHG emissions from water and space heating in buildings.