High-Quality ESG Data Powers Shorenstein’s Sustainability Program

08-13-2020 |

Overall GRESB Score

+ 0

points higher than peer average

0 %

reduction in
energy use

0 %

Reduction in GHG emissions at the end of 2017 over 2008 levels

Saving valuable time to meet ambitious sustainability goals

Shorenstein, a privately-owned real estate firm that owns and operates high-quality office, residential and mixed-use properties across the U.S., has a long-standing commitment to sustainable practices. After establishing clear baselines, Shorenstein decided a data-driven, tech-powered approach would elevate its sustainability program and provide clear metrics for returns on investment.

See what steps Shorenstein took next to become a leader in sustainability.

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Customer

Company Type

Commercial Real Estate

Products Used

NavigateESGx Benchmarks

Goals

SustainabilityImproved ESG Rating

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Results

With Measurabl’s help, Shorenstein was able to hit its 2020 carbon reduction goals two years ahead of schedule.

The company is aiming even higher for 2025, and is well on its way of reducing both energy use and GhG emissions, as well as achieving a 6% decrease in water consumption and a 20% increase in waste diversion over 2008 levels. Pulling data from Measurabl, Shorenstein revamped its annual sustainability report to increase transparency around the company’s commitment to improving “ its practices and policies, making the information more useful and accessible to stakeholders. With all the time saved by having Measurabl handle its data, Shorenstein is planning to implement several new projects, including an improved water-tracking system. It also plans to increase tenant outreach—educating property managers on sustainability projects and efforts and encouraging them to find ways to do better so they can break through any performance plateaus.