From Measurabl's user-friendly platform for completing GRESB to their automatic data collection capabilities and hands-on guidance – it all streamlines the reporting process and helped us improve. -Renee Loveland, Sustainability Manager, Gerding Edlen
San Diego, California (PRWEB) September 09, 2015
Measurabl, the startup for sustainability data and reporting, saw its users dominate the Global Real Estate Sustainability Benchmark’s (GRESB) 2015 Survey scores released this week. Over 73% of Measurabl users were awarded Green Stars for outstanding performance. GRESB is the global standard for portfolio-level sustainability assessment in the real estate sector, with 707 participants representing 61,000 assets worth a combined USD $2.3 trillion. Measurabl creates GRESB reports from actual building meter- and asset-level data, allowing users and their investors enhanced results and accuracy — relative to other reporters.
Since Measurabl’s founding in 2013, each company using its sustainability automation software has gone on to substantially improve their overall sustainability performance. Clarion Partners, the $32 billion real estate asset manager and Measurabl user since 2013, won GRESB’s coveted Sector Leader award for the top performing fund in its class as well as two Green Stars for outstanding performance in 2015. USAA Real Estate Company, the real estate asset management arm of insurance behemoth USAA, has been a Measurabl user since 2014 and won GRESB’s Sector Leader award for its Government Building Fund and a record 13th straight US EPA ENERGY STAR Partner of the Year award, both in 2015. CBRE Global Investors - Strategic Partners, the discretionary asset management fund wholly owned by CBRE Inc., the world’s largest real estate services company, also won a Green Star. USAA Real Estate Company, Clarion Partners and CBRE Global Investors - Strategic Partners use Measurabl for utility data automation and sustainability reporting.
Mark Delisi, Senior Director of Corporate Responsibility for AvalonBay, an S&P 500 owner of multifamily buildings notes, “our partnership with Measurabl brings tangible value to our efforts to transparently report environmental and social progress." AvalonBay won two GRESB Green Stars and narrowly missed taking the #1 overall spot in its sector. In addition to GRESB, the company uses Measurabl to create and submit its CDP report, and is participating in a pilot of Measurabl’s forthcoming GRI product.
Results aggregated across Measurabl’s several hundred million square feet of GRESB reporters were extraordinary:
— 73% of users placed in the top quartile of respondents and received GRESB’s prestigious Green Star award.
— USAA Real Estate Company’s GB Fund and Clarion Partners’ Lion Industrial Trust were the #1 ranked fund in their class.
— Fully 100% of returning Measurabl users improved their score versus 2014.
— Over 73% of users beat their peer average, up 3% from 2014, and 81% improved their overall peer ranking.
— 100% of Measurabl users outperformed their peers on GRESB’s Management aspect. Overall, users beat their peers by an average of 11 points.
— 91% of users outperformed their peers by an average of 11 points on GRESB’s Stakeholder Engagement aspect.
— 93% of users improved on GRESB’s Performance Indicators aspect.
“100% of our reporters representing hundreds of billions in real estate asset value improved upon their GRESB performance from the prior year” says Matt Ellis, Measurabl’s Founder & CEO. “Investors now factor sustainability into their investment criteria, so companies who report using real, validated data and outperform their peers on GRESB benefit by attracting more money on better terms.”
Renee Loveland, Sustainability Manager for the leading developer and owner of sustainable residential buildings, Gerding Edlen, explains “Measurabl has proved very valuable for us since we started working with them two years ago. From their user-friendly platform for completing the GRESB report, to their automatic data collection capabilities to hands-on guidance with specific questions – all of this streamlines the reporting process and helped us improve our score.”
Measurabl has won global praise for democratizing sustainability and improving the accuracy of reports. Most recently the Global Cleantech Cluster named Measurabl the world’s #1 cleantech start-up for making enterprise-quality software available to companies of any size so they can collect, report and act on sustainability with investment-grade accuracy. Measurabl has since been adopted by many of the world’s largest real estate companies like CBRE Global Investors, Clarion Partners, and TA Realty, as well as leading, publicly traded corporations — such as VMware and Intuit.
Measurabl launched its groundbreaking free “Basic” subscription plan in August 2015. As the world’s only enterprise-quality sustainability management software available for free, the plan has enjoyed overwhelming adoption with more than 500 users subscribed. The plan allows companies to prepare CDP and GRESB reports, monitor state and municipal energy/water compliance requirements, visualize portfolio- and asset-level data, and fully integrate with ENERGY STAR Portfolio Manager at no cost.