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Learn how data benchmarking can help scale the value of your assets by leveraging sustainability metrics. Discover how automated data flows, centralized platforms, and key metrics can drive performance, reduce operating expenses, and meet regulatory compliance. Explore the impact of sustainability on investment, lending, insurance, and legal requirements.
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Benchmarking Sustainability: Leveraging Data to Scale Value of Your Assets
Andy WelkleyProduct Marketing ManagerMRI Software Melissa BartowDirector, Partner DevelopmentMeasurabl
Data Flows Buildings Traditional Metrics size, type, leases… Benchmarks Trust ScorePerformance Score Data comes from many places.A large portion can be automated and integrated. From there, algorithms and workflows allow you to use your data for many purposes. Reports GRESBCDPGRI Utilities Energy, Water, Waste, Carbon Centralized Data Platform Certs & Ratings LEED, BREEAM, EU EPC, WELL Analytics Normalized Trends, Flexible Reports Projects LED retrofit, occupant engagement, pilot projects Services Certification, Regulatory Compliance, Insurance
Key Metrics Energy Waste Water Carbon Emissions
Key Metrics GRESB Benchmark ENERGY STAR Score Energy Spend
Best Practices: Leverage Data • - Automate and standardize data collection • Internally benchmark and understand peers • Keep up with your peer group • Understand your tenants’ sustainability goals • Collaborate!
Benchmarking to Drive Performance - Operational efficiency - Regulatory compliance - Identify new opportunities - Reduce OpEx 84% of property managers who benchmarked their buildings implemented new energy efficiency measures
From “Sustainability” to “ESG” Environmental // Social // Governance Data Quality > Investment Grade Voluntary > Compliance OPEX > Capital Markets Thematic > Transactional Plaques > Performance Manual > Automated
ESG in Action 88% of portfolio has efficient lighting, drastically reducing operating expenses and carbon emissions to meet goals 4 years early. Fannie Mae discounts interest rates on its “green loans” by up to 60 basis points versus its traditional loans. The largest publicly traded office owner in the US issued two green bonds: $1BN and $850M. 23% of the investors were new, “SRI” investors resulting in a lower borrowing cost. #BOMA2019
The Need New investment, lending, insurance, and legal requirements have made ESG an essential partof business. Real estate needs to attract capital Companies must satisfy investors Investors optimize for risk/reward Regulators want to reduce energy use Insurers need to underwrite risk Lenders need to underwrite loans
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