Home buyers or renters can assess how much to pay for a home on comps from other area sales of houses with similar amenities. The same hasn’t been true for buyers or tenants at commercial buildings, especially when it comes to all-important sustainability, which affects operating costs and more.
Measurabl, a provider of ESG technology for real estate, has launched ESGx Benchmarks, a free new report that provides real estate owners, operators, investors, and lenders unrivaled insight into sustainability performance — allowing for comprehensive global comparisons into measured energy usage and carbon emissions intensity across different property types and geographies.
The report offers asset-level sustainability comps based on meter-level energy data from 110,000 anonymized assets across 93 countries. Users can find insights from Measurabl’s Quantum Cloud, data, encompassing 18 billion square feet of real estate and 1,000 customers worldwide, that will help measure and compare sustainability performance between buildings. Updated monthly, Measurabl’s ESGx Benchmarks offer data across six geographic tiers, including global, continent, subregion, country, country subregion and state or province.
Quantum Cloud can report on energy and carbon benchmarks, nearly 100 supported property types, six-tier geographic cohorts (global, continent, country-level, etc.) and six comparative benchmarks (percentiles and mean)
With coverage of up to 100 property types and six benchmarking metrics — 15th, 25th, 30th, 50th, and 75th percentiles, as well as the mean — the benchmarks deliver a robust perspective on asset-level performance. While traditional benchmarks often rely on self-reported data and provide entity-level insights updated only once annually, ESGx offers monthly updates at the asset level, based on actual energy use and derived carbon emissions. This approach provides a more granular, transparent, and reliable measure of real estate sustainability, free of charge.
“The launch of ESGx Benchmarks represents a transformational step for Measurabl and the real estate industry,” said Maureen Waters, president of Measurabl, the exclusive ESG data provider for the FTSE Russell, EPRA, NAREIT Green Index Series. “For the first time, stakeholders have access to globally consistent, asset-level data on energy and carbon performance that is updated monthly. This innovation is not just about providing data; it’s about empowering real estate owners, operators, investors, and lenders with the insights they need to make informed, strategic decisions. ESGx Benchmarks will help them navigate sustainability challenges with greater accuracy and confidence, ultimately driving more effective management of their properties and investments.”
