Turn-Key ESG Platform for CRE Finance
Investment-grade information, analytics and disclosure for the real estate sector
ESG solution points
What Measurabl solves for capital markets participants
Measure, manage, and monitor the environmental risk and operational performance of your real assets.
Lenders
As the world’s largest asset class, real estate may significantly contribute to your risks and opportunities. Measurabl facilitates coordination of CRE-related assets and activities across your loan portfolio. We provide you with environmental impact and localized climate data that can inform strategy, development, target-setting and tracking, loan underwriting and servicing, risk management, financial product innovation and climate disclosures. Measurabl supports all property types, with the exception of single-family residential.
Borrowers
The pressure to align corporate business models with climate solutions has intensified. Whether due to investor pressure, tenant demand, or regulatory compliance, ESG drives corporate action and access to capital. Measurabl empowers you to easily communicate your ESG performance to the capital markets and take advantage of the rapidly growing sustainable finance market
Insurers
Commercial property insurers know that ESG and climate-related issues are increasingly driving risks and opportunities. Measurabl facilitates coordination across commercial properties, arming you with environmental impact and localized climate data that can inform underwriting, strategy development, target-setting and tracking, product innovation, and climate disclosures. Measurabl supports all property types, with the exception of single-family residential.
Set targets and track progress toward sustainability and climate-related goals
Determine which buildings within your portfolio are heavy emitters, which buildings are ahead of goal and how to support your commercial real estate customers or borrowers with innovative finance and insurance products to support their transition to a net zero carbon footprint.
Cross-portfolio targets (expected 2021) will allow you to apply core real estate environmental metrics- i.e., energy, carbon, water and waste—and customizable target and baseline years, to buildings across your portfolio. Asset-level and portfolio-level impacts can be verified and tracked over time.
How Measurabl works for CRE Lenders & Insurers
Measurabl can automatically populate building certifications like LEED and BREEAM, as well as ESG-related building regulations (for U.S. only at this time), and will provide detailed physical climate risk exposure based on the property addresses you provide for bulk upload. These can span your entire CRE portfolio; all buildings within your corporate real estate clients’ portfolios, your firm’s corporate offices, or any combination or subset of these.
Measurabl’s full set of functionalities is unlocked as you work with your customers/borrowers to bring them onto the Measurabl platform to sync and share their building(s) utility data with you, providing deep insights into the actual operational performance (energy, water, waste, carbon) of your CRE exposure. Measurabl data is owned and permissioned by CRE owners – your corporate, commercial and business borrowers and customers.
enterprise level ESG
Important features for capital market participants
Access an ESG data integration platform specifically designed for the real estate sector, set and manage ESG and climate targets across your organization, and analyze trends and disclose results to internal and external stakeholders
Data Collection
Value Add for Clients
Data Quality
Climate-Related Contingent Liabilities Tracking
Reporting
Lender Solutions
Commercial Banking- CRE Lending
We’re keenly aware of the recent introduction of new building emissions regulations like NYC’s Local Law 97.
Measurabl geolocates buildings and identifies assets in a portfolio that must comply with local ordinances. Measurabl maintains a “library” of mandated targets and indicates whether a building is impacted. You are able to identify heavy-emitting buildings and track their progress in reducing their carbon footprints.
We’ll be delivering capabilities soon to track the potential financial risk exposure associated with compliance / non-compliance with the regulation.
Measurabl can help identify which loans in your portfolio are eligible green projects under your green bond framework. You can target high-performing buildings by certification level or actual energy or water consumption benchmarked against peers.
Measurabl offers a platform for customer engagement and data collection that can add value for both you and your borrowers. Further, Measurabl can help identify top and bottom performing buildings based on energy and water consumption and carbon emissions. Actual operational performance before and after energy efficiency interventions can also be observed.
Cross-portfolio targets (expected 2021) will allow you to apply core real estate environmental metrics- i.e., energy, carbon, water and waste—to all building collateral across your loan book- and customizable target and baseline years. Asset-level and portfolio-level impacts can be verified and tracked over time.
Investment Banking - Securitization & Sustainable Debt Underwriting
Measurabl can help you identify underlying properties for inclusion in new types of sustainable structured products (e.g. “green” CMBS). Granular, asset-level data and benchmarking allow for pooling based on the ESG characteristics you want to highlight. Properties can be filtered by building certification, rating, and relevant regulation and compared based on actual energy and water consumption and carbon emissions.
Measurabl provides auditable impact metrics pulled directly from utility providers (via Utility Sync) backed by digital bills. We also assure clients will have the data collection, tracking and disclosure capabilities needed to support sustainable debt issuance.
Measurabl provides flexible currency, space and impact units of measurement to serve diverse issuers and real estate portfolios as well as global investor preferences. We also pull electricity, water and waste data directly from thousands of utilities providers across 75 countries worldwide.
CSR and Corporate Real Estate
Measurabl is an easy-to-use SaaS platform that centralizes and consolidates all environmental and climate data on your buildings. You can easily identify buildings with inefficient performance and make data-driven improvements. You can also input qualitative data such as sustainability projects and building certifications. And you can provide your entire team access to the platform, assign roles to each collaborator and export data and reports for internal and external stakeholders on demand.
Risk and Compliance
Measurabl supports ESG integration at loan origination and due diligence, as well as the ongoing ESG monitoring (environmental servicing) throughout the life of a loan.
Measurabl enables customizable target-setting and tracking on building energy, water, waste and carbon, and is developing these capabilities for cross-portfolio, institution-wide goal setting, monitoring, and carbon accounting related to real estate exposure.
Measurabl presents the data underlying transition and physical risks associated with real estate. Measurabl geolocates buildings and identifies assets in a portfolio that must comply with local ordinances (regulations). This, coupled with actual operational performance (energy and water consumption, carbon emissions and waste), provides insight into transition risk exposure. Measurabl is also developing asset-level physical climate risk scores via direct integration with specialist data providers. This centralized platform for dynamic ESG and climate data on buildings is unique to Measurabl.
Investment Management
See our solutions for building owners
Borrower Solutions
There is an ample body of academic literature that indicates strong sustainability standards result in lower cost of capital at the corporate level. These findings are global, cross sectoral and applicable to both equity and debt. Real estate-specific studies have also concluded that REITs with more environmentally efficient portfolios have lower corporate bond spreads. Similar findings at the asset level indicate significantly lower mortgage spreads associated with buildings certified by ENERGY STAR and LEED.
In addition to empirical evidence within the standard corporate bond and mortgage markets, debt specifically tailored to ESG standards is taking off. According to Bloomberg, green bond issuance reached USD $271 billion in 2019, up 49% over 2018.
Green and sustainability-linked loans have further opened the market to borrowers that may be unable to raise debt in the capital markets and/or seek more flexible credit structures. Lenders are offering corporate and mortgage loans with interest rate margins that are pegged to ESG ratings or positive environmental impacts.
Green bond issuers cite investor base diversification as one of the primary benefits of issuance. Investor demand for sustainable investments has thus far outstripped supply, and Morningstar reports 2019 sustainable fund flows were up nearly 4 times those in 2018, totaling $20.6 billion available to US investors.
SRI-focused investors may be attracted to the sustainable debt issues of REITs and property companies even if they were previously unfamiliar with the company.
Green bond or other sustainable debt issuance can also be an effective way to communicate your company’s values and commitment to sustainability goals and climate-related targets.
Measurabl makes it easier to issue green bonds by automating data aggregation and providing auditable impact metrics pulled directly from auditable impact metrics pulled directly from utility providers (via utility sync) backed by digital bills. Measurabl also alerts subscribers to data quality issues, tracks green building certifications and core ESG metrics for real estate (actual energy and water consumption, waste and carbon), and generates customizable reports. Measurabl’s target tracking functionality can be aligned with energy, carbon, water or waste diversion reduction targets outlined in your green bond framework or prospectus to assess and verify the progress of your eligible green projects.
Insurer Solutions
Product Innovation
Measurabl offers a platform for customer engagement and data collection that can add value for both you and your customers. Further, Measurabl can help identify top- and bottom-performing buildings based on energy and water consumption and carbon emissions. Actual operational performance before and after energy efficiency interventions can also be observed.
Cross-portfolio targets (expected 2021) will allow you to apply core real estate environmental metrics—i.e., energy, carbon, water and waste— and customizable target and baseline years—across your property insurance portfolio. Asset-level and portfolio-level impacts can be verified and tracked over time.
Measurabl provides auditable impact metrics pulled directly from utility providers (via Utility Sync) backed by digital bills. Our AI-driven data analytics scan for information gaps, overlaps, anomalies, etc., and alert users to resolve data quality issues.
Measurabl provides flexible currency, space and impact units of measurement to serve diverse issuers and real estate portfolios as well as global investor preferences. We also pull electricity, water and waste data directly from thousands of utilities providers across 75 countries worldwide.
CSR and Corporate Real Estate
Measurabl is an easy-to-use SaaS platform that centralizes and consolidates all environmental and climate data on your buildings. You can easily identify buildings with inefficient performance and make data-driven improvements. You can also input qualitative data such as sustainability projects and building certifications. And you can provide your entire team access to the platform, assign roles to each collaborator and export data, and reports for internal and external stakeholders on demand.
Cross-portfolio targets (expected 2021) will allow you to apply core real estate environmental metrics—i.e., energy, carbon, water and waste— and customizable target and baseline years—across your property insurance portfolio. Asset-level and portfolio-level impacts can be verified and tracked over time.
Risk and Compliance
Measurabl supports ESG and climate-related risk integration during underwriting and ongoing monitoring of commercial property coverage. Our platform offers data points around building certifications, energy and water consumption and spend, carbon emissions, and physical climate risk exposure, among others. Measurabl also provides analytics like target setting and tracking and flexible reports.
Cross-portfolio targets (expected 2021) will allow you to apply core real estate environmental metrics—i.e., energy, carbon, water and waste— and customizable target and baseline years—across your property insurance portfolio. Asset-level and portfolio-level impacts can be verified and tracked over time.
Measurabl enables customizable target-setting and tracking on building energy, water, waste and carbon, and is developing these capabilities for cross-portfolio, institution-wide goal setting, monitoring, and carbon accounting related to real estate exposure.
Measurabl presents the data underlying transition and physical risks associated with real estate. Measurabl geolocates buildings and identifies assets in a portfolio that must comply with local ordinances (regulations). This, coupled with actual operational performance (energy and water consumption, carbon emissions and waste), provides insight into transition risk exposure. Measurabl is also developing asset-level physical climate risk scores via direct integration with specialist data providers. This centralized platform for dynamic ESG and climate data on buildings is unique to Measurabl.
measurabl in action
Investment-grade ESG Data for Commercial Real Estate
Pure benchmark is a powerful tool
Our benchmark on carbon, energy consumption, water consumption and waste combined with target tracking can show exactly how the asset or portfolio is performing relative to peers
An environmental data management platform
The Measurabl platform aims to simplify and streamline the sustainability recording process for commercial real estate owners and it is now making inroads in Europe
ESG and best practice solutions for real estate
Sara Anzinger, Senior Vice President, Capital Markets, Measurabl, Bärbel Schomberg, Partner, Kingstone Investment Management and Christiane Conrads, Head of German Real Estate Desk, PwC Legal AG discuss the new thinking