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Bloomberg: Billionaire Tom Steyer Strikes His Biggest Property Deal Yet


When Bloomberg asked for comment on the uncertainty surrounding the future of ENERGY STAR, Matt Ellis kept it simple:

ENERGY STAR helps distinguish good buildings from the less good ones – and that matters in every transaction.

But there’s a bigger story.

ENERGY STAR Portfolio Manager underpins compliance, capital access, and climate action. It’s a free, taxpayer-funded tool used by over 330,000 buildings in North America, and it delivers an estimated $350 in ROI for every $1 invested.

Yet the proposed budget would eliminate it. We need to confront what that means – and what comes next. Matt has laid out five principles for the future of benchmarking: governance by users, market-driven innovation, global alignment, open participation, and a sustainable business model.

ENERGY STAR’s uncertain future is a wake-up call. As the world’s most widely adopted sustainability data platform and a six-time ENERGY STAR Partner of the Year, Measurabl is already helping the industry navigate what’s next.

Because while the tools may change, the need for trusted, transparent benchmarking never will.

Read the full Bloomberg article here.

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