Matterport, Inc., pioneer in digital transformation, has published its inaugural Environmental, Social, and Governance (ESG) report. The report investigates Matterport’s technology’s influence on sustainability and equity, with a primary focus on its digital twin solution.
Digital twins are 3D virtual replicas of buildings and locations that help drive sustainability by cutting down the necessity for business travel and associated carbon emissions. Independent specialists from Minimum were engaged to quantify the emissions reduction potential of Matterport’s platform. They discovered that Matterport’s technology averted an estimated 374,312 tonnes of CO2 emissions in 2021, equivalent to the annual emissions of 80,000 passenger cars. Moreover, a Matterport digital twin can curtail emissions by an average of 0.15 tCO2e over its lifespan, akin to not driving a car for 444 miles.
Besides environmental advantages, the digital twins provide insights into facilities management, representing potential cost savings for businesses. CEO RJ Pittman emphasises the digital twins’ capacity in assisting customers to decrease their carbon footprint and reaffirms Matterport’s commitment to creating accessible and sustainable solutions.
Matterport’s 2021 emissions totalled 14,097 tCO2e, primarily stemming from its supply chain. In response, the company has transitioned towards suppliers that disclose emissions data and partnered with manufacturers to minimise trans-Pacific transportation.
The report also mentions Matterport’s impending Property Intelligence, a tool that will convert digital twins into actionable insights to further aid clients in their own ESG efforts. This technology will enable businesses to extract data like room dimensions and window orientations to gauge thermal load and reduce energy consumption.
Matterport’s report encompasses its efforts in workforce development and diversity. Programmes like EMERGE, which focuses on employee empowerment, and Matterport Leadership Academy, which cultivates future leaders, underscore the company’s commitment to inclusive growth.
The full report can be accessed at http://www.matterport.com/esg.