LONDON (July 14, 2020) – Measurabl, the world’s most widely adopted ESG software for commercial real estate, is pleased to announce it has joined the Energy Efficient Mortgages Pilot Scheme as a Supporting Organisation.
The Energy Efficient Mortgages Initiative is a pan-European effort to create improved, aligned incentives for investment in energy-efficient buildings amongst lenders, borrowers, and investors. The initiative consists of two projects: the “Energy Efficient Mortgages Action Plan” (EeMAP) and the “Energy Efficient Data Protocol and Portal” (EeDaPP), which are funded by the EU’s Horizon 2020 Programme.
Through this partnership, Measurabl continues to advance the adoption of ESG (environmental, social, governance) performance data for improved capital opportunities. With a growing interest in sustainable finance, both financial institutions and real estate groups are looking for new ways to act on ESG data. As part of the pilot scheme, Measurabl will participate in consultation on the criteria for the energy efficient mortgages framework and accompanying data protocol.
“Measurabl is very much looking forward to collaborating with engaged stakeholders across the European mortgage industry to establish a robust, verifiable, and practical standard that creates better energy efficiency options and incentives,” said Sara Anzinger, Measurabl’s Senior Vice President, Capital Markets. “The Energy Efficient Mortgage Initiative represents yet another way that sustainable finance can leverage technology and high-quality ESG data.”
To date, fifty-seven lending institutions, representing 55% of mortgages outstanding in the European Union, have joined the Energy Efficient Mortgages Pilot Scheme and are currently analysing feasibility and implementation of the Energy Efficient Mortgage Product Framework into existing product lines and processes.
To learn more about the ways Measurabl is creating opportunities to incorporate ESG into the financial industry, see our solutions for capital markets.
Measurabl is the world’s most widely adopted ESG data management platform for commercial real estate. With 45,000 commercial buildings representing 840 million m2 across 75 countries, Measurabl helps the world’s smartest companies measure, manage and disclose their sustainability performance. From automated utility data sync to building and portfolio benchmarking to advanced reporting, Measurabl takes your sustainability data from meter to market. Learn more at measurabl.com.