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Measurabl Partners with USGBC California for Sustainability

Measurabl Partners with USGBC California for Sustainability

Measurabl Collaborates with USGBC California

In a pioneering move toward enhancing sustainability in real estate, Measurabl has formed a partnership with the U.S. Green Building Council California. This initiative provides California's property owners and investors with free access to Measurabl's advanced technology platform. This free offering is designed to facilitate performance benchmarking, assure regulatory compliance, and maintain data integrity throughout the state.

The California Building Performance Hub

As part of this collaboration, Measurabl has been designated as the preferred benchmarking platform for the new California Building Performance Hub. This centralized digital resource aims to help building owners, government policy makers, and service providers align with the state's Building Performance Standards (BPS) while expediting the pathway to decarbonization.

Addressing California's Climate Goals

With California's ambitious climate objectives and stringent BPS goals, real estate owners are compelled to routinely monitor, document, and enhance their energy and carbon performance. The reality is that buildings are responsible for a significant 37% of the state's emissions. By 2030, California aims to reduce emissions from buildings to 40% below 1990 levels.

The Importance of Quality Data

This statewide commitment to sustainability highlights a critical issue: many real estate stakeholders face challenges in accessing reliable, high-quality data essential for performance measurement and improvement. Bridging this information gap is vital for significant progress.

Measurabl's Unique Offerings

Through its partnership with USGBC California, Measurabl is committed to providing three essential services for stakeholders: understanding building performance, ensuring compliance with evolving regulations, and enabling data-driven decision-making based on trustworthy sustainability metrics.

Understanding Building Performance

With Measurabl, stakeholders gain insights that reveal how their buildings perform in terms of energy use, emissions, and water efficiency. This data informs them about opportunities for enhancements, helping prioritize necessary upgrades, and position their assets competitively as California implements eco-friendly policies.

Compliance Made Simple

Measurabl streamlines compliance by centralizing all applicable ordinances and BPS requirements into a user-friendly interface. This consolidation allows real estate owners to monitor deadlines, recognize exposure, and ensure their data is correct and ready for submission. The platform also flags potential compliance issues across portfolios, ensuring users are prepared for reporting interruptions.

Guaranteeing Data Quality

Measurabl employs AI technology to spot gaps and errors in utility and building data, enhancing accuracy. Once the data is cleaned up, it serves as a reliable foundation for better benchmarking and reporting, leading to informed decisions.

Statements from Leadership

Maureen Waters, President of Measurabl, noted, "This partnership reflects our shared belief that sustainability data should be accessible, actionable, and used to drive real outcomes. Combining local leadership from USGBC California with Measurabl's global data capabilities empowers building owners with indispensable insights for improved performance, compliance, and sustainable action towards California's climate objectives."

Strengthening Workforce Development

This partnership will also enhance workforce development by training members of USGBC California's Green Building Corps. Training will focus on hands-on support in benchmarking and reporting, nurturing a talent pool that is capable of fulfilling BPS and reaching critical climate goals.

Collaborative Impact

Ben Stapleton, Executive Director of USGBC California, emphasized, "The Hub brings together partners, technology, and training necessary for California's building owners to enact meaningful changes. By collaborating with Measurabl, we are making high-quality benchmarking tools and analysis accessible to all, thus improving financial, environmental, and social equity outcomes in our built environment."

Powering the USGBC-CA Offering

The offerings powered by USGBC California are derived from Measurabl's cutting-edge, free solution. To date, Measurabl has successfully onboarded 13,500 buildings across 43 countries, encompassing over 2.2 billion square feet. This expansion compliments and enhances the ENERGY STAR Portfolio Manager's platform.

New Functionalities

The latest features include a bidirectional sync with ESPM, providing users with a richer experience alongside enhanced Measurabl functionalities, such as global benchmarking, dynamic benchmarking based on real-time data, compliance alerts, and streamlined data collection processes.

A Broader Vision for Sustainability

This collaboration is part of Measurabl’s ongoing mission to build a globally connected sustainability data ecosystem. Led by Mike Zatz, the Senior Vice President of Global Data Ecosystem & Partnerships at Measurabl, this initiative aims to standardize data and generate actionable insights across various markets.

About Measurabl

Measurabl stands as the leading sustainability data management platform for real estate. It empowers over 1,000 organizations across more than 90 countries, managing assets worth over $3 trillion. Measurabl focuses on helping its clients track performance effectively while aiming for financial and environmental gains.

About USGBC California

USGBC California is a non-profit organization dedicated to transforming the built environment into a more sustainable and equitable space. It advocates for innovative policy solutions to address urgent environmental challenges while fostering a diverse talent pipeline through training and mentorship programs.

Frequently Asked Questions

What is the partnership between Measurabl and USGBC California?

Measurabl is partnering with USGBC California to offer building owners and investors free access to its technology platform for sustainability benchmarking and regulatory compliance.

How will this partnership help California's real estate sector?

This collaboration provides crucial tools for tracking energy and carbon performance, assisting stakeholders in meeting California's ambitious climate goals.

What services does Measurabl provide?

Measurabl offers services that help stakeholders understand property performance, comply with regulations, and ensure high-quality data for better decision-making.

How does Measurabl ensure data accuracy?

Measurabl uses AI technology to identify data inconsistencies, thereby enhancing the cleaning and reliability process for benchmarking.

Where can I find more information about this collaboration?

Additional information is available on Measurabl's website and through resources provided by USGBC California regarding their initiatives and offerings.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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