EcoEnergy Insights and JOANN Earn Top Project of the Year Award from Environment + Energy Leader

AI and IoT solutions help JOANN save over $2 million in energy use in stores

KENNESAW, Ga., Aug. 8, 2023 /PRNewswire/ -- EcoEnergy Insights, a Carrier company and leading provider of AI and IoT solutions for building and equipment operations, together with JOANN Inc., the nation's leading fabric and craft retailer, today announced they have earned a Top Project of the Year Award from the 2023 Environment + Energy (E+E) Leader Awards, for their collaborative efforts in achieving over $2 million in energy savings for JOANN stores. EcoEnergy Insights is a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions.

By implementing an integrated solution across 700+ JOANN stores that includes its award-winning CORTIX™ AI and IoT platform, a part of Carrier's Abound suite of solutions, and 24/7 remote monitoring provided by technology-enabled global operation centers, EcoEnergy Insights helped JOANN save over 50 million kilowatt hours of energy in four years, equivalent to the greenhouse gas emissions from 7,885 gasoline-powered passenger vehicles*. By leveraging the predictive insights and recommendations provided by CORTIX, JOANN is achieving its sustainability goals including improved energy efficiency, enhanced occupant comfort and optimized maintenance costs.

"We are honored to receive the prestigious top project award. We thank JOANN for their collaboration and shared vision, and we are proud to help the company achieve its sustainability goals," said Ravi Meghani, Managing Director, EcoEnergy Insights. "This recognition reflects our commitment to driving sustainable practices in retail operations."

EcoEnergy Insights' BluEdge™ Command Centers, staffed with data scientists and domain experts, translated platform insights into action plans, driving proactive and efficient store operations.

"We are honored to be recognized with the top project award at the 2023 E+E Leader Awards. This achievement underscores our commitment to driving sustainability and energy efficiency in our stores," said David Geibel, Manager, Store Facilities & Energy, JOANN. "We are proud to be at the forefront of driving positive change in the retail industry and grateful for the dedication of our team and the EcoEnergy Insights' team in making this project a success."

The Environment + Energy Leader Awards recognizes excellence in products and services that provide companies with energy and environmental benefits and in projects implemented by companies that improved environmental or energy management. For more information, visit ecoenergyinsights.com.

References:
*https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator

About EcoEnergy Insights
EcoEnergy Insights is a part of Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions. EcoEnergy Insights is a leading provider of AI and IoT-enabled solutions to digitally transform building and equipment operations. Their CORTIX™ platform collects data from multiple sources, analyzes it, acts on defined deviations autonomously and offers predictive actionable insights. The platform, combined with expert human analytics, has been delivering award-winning outcomes in comfort, maintenance and energy efficiency across multiple industries such as retail, hospitality and banking. EcoEnergy Insights is a part of Carrier Global Corporation, global leader in intelligent climate and energy solutions that matter for people and our planet for generations to come. For more information on EcoEnergy Insights and the CORTIX™ platform, visit ecoenergyinsights.com and cortix.ai. Join the conversation on LinkedIn, Twitter and Facebook.

About JOANN
For 80 years, JOANN has inspired creativity in the hearts, hands and minds of its customers. From a single storefront in Cleveland, Ohio, the nation's category leader in sewing and fabrics and one of the fastest growing competitors in the arts and crafts industry has grown to include 831 store locations across 49 states and a robust e-commerce business. With the goal of helping every customer find their creative Happy Place, JOANN serves as a convenient single source for all of the supplies, guidance and inspiration needed to achieve any project or passion.

EcoEnergy Insights:
Shawn Menezes
+91 (0) 80 49045454
shawn.menezes@carrier.com

JOANN: 
Amanda Hayes
+1-216-296-5887              
amanda.hayes@joann.com

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SOURCE EcoEnergy Insights