Enertiv, the operational intelligence platform for commercial real estate, has launched a Capital Planning module to support deep carbon reductions in the built environment. This module, now part of Enertiv’s connected SaaS platform, will help owners and operators intelligently allocate the estimated $18 trillion necessary to decarbonize the industry.
With building operations responsible for 28% of all global carbon emissions, landlords are under increasing pressure to translate high-minded goals into action. With the Capital Planning module, Enertiv has become the first software platform capable of delivering portfolio-level ESG reporting, real-time optimization of existing systems and long-term plans for deploying capital improvements and deep reductions, the company said.
Enertiv powers the Capital Planning module with a dataset that includes :20 billion hours of building management system, equipment-level energy monitoring and environmental IoT sensor data; thousands of maintenance workflows performed on the Enertiv App daily and the nameplate information of over 60,000 pieces of equipment. These insights should lead directly to eliminating wasteful spend, de-siloing the budgeting process, ensuring capital is deployed in line with carbon reduction plans and providing greater transparency for owners and asset managers.
“Enertiv has spent the last decade solving the toughest challenges related to operational efficiency in commercial real estate: figuring out how to connect disparate workflows and real-time data into a central platform, and then to transform that data into asset value,” said Connell McGill, CEO of Enertiv. “However, there will still have to be significant investments into the critical infrastructure to reach the goals that have been laid out in corporate boardrooms, the federal government, and by municipalities across the country. This module is a big step towards arming the industry with the insights they need to deploy capital in a smart, effective and data-driven way.”
