Systems and methods for managing market based instruments

Patent metadata

Field	Value
Publication number	US-2026065372-A1
Application number	US-202418818643-A
Country	US
Kind code	A1
Filing date	Aug 29, 2024
Priority date	Aug 29, 2024
Publication date	Mar 5, 2026
Grant date	—

Abstract

Various embodiments described herein relate to providing and/or employing a system and a method for managing a plurality of market-based instruments in a facility. In this regard, emission factors corresponding to a plurality of assets in the facility are stored in an emission factor repository. As a result, total actual emissions corresponding to the plurality of assets is calculated based on the stored emission factors. Then the total actual emissions are compared with a carbon emission target, wherein the carbon emission target corresponds to a specific period. Furthermore, total emissions are predicted in the facility for the specific period based on the stored emission factors and a result of the comparison. Accordingly, the predicted total emissions in the facility is displayed via a user interface of a display device.

First claim

1 . A system for managing a plurality of market-based instruments in a facility, comprising:
a processor; and a memory communicatively coupled to the processor, wherein the memory comprises one or more instructions which when executed by the processor, cause the processor to:
store emission factors corresponding to a plurality of assets in the facility;
calculate total actual emissions corresponding to the plurality of assets based on the stored emission factors;
compare the total actual emissions with a carbon emission target, wherein the carbon emission target corresponds to a specific period;
predict total emissions in the facility for the specific period based on the stored emission factors and a result of the comparison; and
display, via a user interface of a display device, the predicted total emissions in the facility.

2 . The system of claim 1 , wherein the processor is further configured to determine a financial value corresponding to per tonne of emissions based on a location of the facility.

3 . The system of claim 2 , wherein the processor is further configured to predict financial impact for the specific period based on the predicted total emissions and the determined financial value.

4 . The system of claim 2 , wherein the processor is further configured to recommend at least one market-based instrument from the plurality of market-based instruments based on the predicted total emissions and the determined financial value, wherein the at least one market-based instrument is recommended to offset emissions from the predicted total emissions that is above the carbon emission target.

5 . The system of claim 4 , wherein the processor is further configured to generate one or more insights based on the predicted total emissions and the recommended at least one market-based instrument.

6 . The system of claim 1 , wherein the processor is further configured to predict emission intensity for the specific period based on the predicted total emissions.

7 . The system of claim 1 , wherein the processor is further configured to store the plurality of market-based instruments and associated contextual information in a market-based instrument repository, wherein the associated contextual information includes at least one of ledger information, location information, validity information, and residual emission factors.

8 . The system of claim 7 , wherein the processor is further configured to recommend the at least one market-based instrument from the plurality of market-based instruments based on the associated contextual information and asset hierarchy corresponding to the plurality of assets.

9 . The system of claim 1 , wherein the processor is further configured to recommend purchase of at least one market-based instrument based on the predicted total emissions.

10 . The system of claim 1 , wherein the processor is further configured to predict the total emissions for at least one gas type of a plurality of gas types.

11 . A method for managing a plurality of market-based instruments in a facility, comprising:
storing emission factors corresponding to a plurality of assets in the facility; calculating total actual emissions corresponding to the plurality of assets based on the stored emission factors; comparing the total actual emissions with a carbon emission target, wherein the carbon emission target corresponds to a specific period; predicting total emissions in the facility for the specific period based on the stored emission factors and a result of the comparison; and displaying, via a user interface of a display device, the predicted total emissions in the facility for the specific period.

12 . The method of claim 11 , further comprising determining a financial value corresponding to per tonne of emissions based on a location of the facility.

13 . The method of claim 12 , further comprising predicting financial impact for the specific period based on the predicted total emissions and the determined financial value.

14 . The method of claim 12 , further comprising recommending at least one market-based instrument from the plurality of market-based instruments based on the predicted total emissions and the determined financial value, wherein the at least one market-based instrument is recommended to offset emissions from the predicted total emissions that is above the carbon emission target.

15 . The method of claim 14 , further comprising generating one or more insights based on the predicted total emissions and the recommended at least one market-based instrument.

16 . The method of claim 11 , further comprising predicting emission intensity for the specific period based on the predicted total emissions.

17 . The method of claim 11 , further comprising storing the plurality of market-based instruments and associated contextual information in a market-based instrument repository, wherein the associated contextual information includes at least one of ledger information, location information, validity information, and residual emission factors.

18 . The method of claim 17 , further comprising recommending the at least one market-based instrument from the plurality of market-based instruments based on the associated contextual information and asset hierarchy corresponding to the plurality of assets.

19 . The method of claim 11 , further comprising recommending purchase of at least one market-based instrument based on the predicted total emissions.

20 . The method of claim 11 , further comprising predicting the total emissions for at least one gas type of a plurality of gas types.

Assignees

• Honeywell Int Inc

Inventors

• Beejady Sandhya
• Thambidurai Rajapriyan
• Sankaranarayanan Sridhar
• Krishnasamy Dhandapani

Classifications

• G06Q40/04

  Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange · CPC title

• G06Q40/06 Primary

  Asset management; Financial planning or analysis · CPC title