Measurabl, an ESG data management solution for commercial real estate, has acquired Hatch Data, a smart building platform designed to decarbonize real estate portfolios.
“Our product vision is to deliver a comprehensive, meter-to-market ESG technology solution that allows every real estate stakeholder to measure, manage and act upon ESG,” said Matt Ellis, founder and CEO of Measurabl. “Hatch Data completes our product vision by extending our platform to include real-time, building-level insights, project recommendations and tools that directly help customers improve ESG performance and meet carbon and compliance targets.”
Measurabl is the only end-to-end ESG platform to automate the full scope of utility, project, physical climate risk and other sustainability data, providing a centralized, global hub for customers to measure, manage and report ESG performance. Measurabl manages and discloses ESG data from across 12 billion square feet of commercial real estate in 90 countries.
Built on open standards and designed for interoperability, Hatch Data’s platform provides access to even more granular, real-time data — from existing IoT sensors, meters and building systems — as well as intuitive tools to further empower customers to drive asset performance across their portfolios. It serves more than 2,500 properties representing more than 500 million square feet of commercial real estate. The two products will be fully integrated over time, the companies said.
