Commercial real estate-focused ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More data management solution provider Measurabl announced today the launch of its ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More Real Estate Data offering, a new solution designed to enable real estate investors and lenders to address disclosure and risk management requirements with investment-grade ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More data.
The launch follows a $50 million capital raise by Measurabl last September, with proceeds from the financing aimed at accelerating the expansion of the company’s platform and supporting the launch of new services to meet rapidly growing global demand for sustainability and decarbonization tools. Real estate accounts for 40% of global carbon emissions and it is one of the world’s most environmentally and socially impactful asset classes.
Matt Ellis, Measurabl’s Founder and CEO, said:
“Until now it was impossible to get investment-grade ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More data at the asset level and at global scale. This breakthrough means the real estate industry and all other industries for which real estate is a critical business consideration have a standard measure of sustainability performance they can actually act upon.”
The solution uses the company’s dataset and proprietary machine learning models to provide energy and carbon estimates on virtually any commercial building in the world. Built on an asset-level database derived from over 12 billion square feet worth in excess of USD $2 trillion across 90 countries, Measurabl’s data provides more than 70 data points on individual assets, including green building certifications, and local ordinances, climate risk data, and energy and carbon estimates.
Ellis founded Measurabl in 2013, aiming to make the company a first-mover in ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More software for real estate. Its data management solutions enable site-level data collection across factors including electricity, water, fuel, district, and waste, helping real estate tenants, owners, and investors optimize ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More performance and meet reporting requirements.
Sara Anzinger, Measurabl’s Senior Vice President, ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More Capital Markets, said:
“The company- or entity-level has dominated the realm of ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More data to date. Property-level data not only better aligns with CRE finance, but also delivers more granular ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments. More insights to equity investors, moving the market toward the site of impact.”
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