The December 2023 white paper by Siemens emphasizes the critical need for corporate businesses to create long-term strategies to meet decarbonization targets and achieve net zero emissions. Despite the Paris Accords, many companies struggle to translate their lofty goals into actionable strategies. Guidance is needed to help them meet new regulatory requirements and avoid analysis paralysis. The paper highlights the challenges of upfront costs, such as efficient building infrastructure changes, and the slow pace of change due to market rates, available incentives, and resources like in-house experts to set milestones.

Keywords: Building Retrofits, Climate Change, Communications, Control & Monitoring Equipment/Sensors, Energy Efficiency/Management, Intelligent Building, Lighting Systems/Controls, Natural Gas, Property Management, Protocols/Standards, Renewable Energy, Zero Net Energy, Decarbonization Targets, Inertia, Solar Constant, Payback Periods, Scope 1/2/3, Corporate Reporting