San Diego, September 20, 2016 — $271 Billion or 21% of North American commercial real estate assets reporting to GRESB’s annual sustainability assessment used Measurabl for data management in 2016, making the real estate technology startup GRESB’s largest data contributor in North America. Globally, commercial real estate owners representing 10% of GRESB asset value use Measurabl for sustainability data management and reporting.
“Measurabl was one of GRESB’s first Data Partners, and we have appreciated their leadership in supporting both the quantitative and qualitative aspects of the assessment with their software”, says Chris Pyke, GRESB’s Chief Operating Officer. “Working with Measurabl clearly helps companies and funds gain insights into their ESG performance and meet investor demand for high quality data.”
GRESB, or the Global Real Estate Sustainability Benchmark, is a global benchmark that administers an annual assessment of sustainability performance on behalf of institutional investors representing nearly $6 Trillion in capital. GRESB results – its scores and rankings – are a measure of real estate owners’ climate risk and potential returns, and are a factor in how investors allocate capital. Consequently, a good performance in GRESB’s rankings is coveted. In 2016, 67% of Measurabl users outperformed their GRESB peer group. 67% also earned a Green Star – GRESB’s recognition for exemplary performance.