Real estate-focused Environmental, 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 provider Deepki announced today the acquisition of UK-based energy and building performance data platform Fabriq.
Founded in 2011, Fabriq’s platform focuses on energy monitoring, sustainability management, and smart building operations, enabling users to identify inefficiencies in their building operations, manage savings projects for energy, water, and waste, improve health, and wellbeing and cut carbon emissions.
Benjamin Kott, Founder of Fabriq, said:
“We are very excited to be joining Deepki on its global growth journey and consolidating its leadership position. The two businesses provide a proposition which is second to none when it comes to helping real estate asset owners make informed decisions on improving building sustainability and performance and achieving real impact in reducing emissions from building operations in line with climate change policies.”
Deepki’s SaaS platform helps real estate investors, owners, and managers to boost the Environmental, 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 of their real estate assets.
Vincent Bryant, CEO, and Co-founder of Deepki, said:
“Fabriq is a strong brand and has an excellent reputation in the sector. Its existing technology is complementary to Deepki Ready and, combined with our advisory services, this makes it an exciting partner as we build the business globally.
“There is a huge opportunity for us to help real estate reach net zero. Urgent action is needed, and investors need to recognise that much more money needs to be directed to net zero strategies and that they may not have the expertise or resources necessary to tackle the enormous climate change challenge.”
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