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Follow on Google News | WegoWise Joins GRESB as a Real Estate Premier Partner and Data and Service ProviderNorth America's Leading Energy Benchmarking and Building Analytics Provider Now Available to Over 250 GRESB Members
By: WegoWise "We are excited to join GRESB as a Premier Partner to help global investors increase the efficiency of their buildings and maximize returns," said WegoWise CEO Laila Partridge. "We currently serve the most multifamily buildings and units in North America, and this partnership will allow us to help even more multifamily owners and operators ensure their properties are operating at peak financial and ESG performance." "Locating, validating, and analyzing asset-level data on energy, water and waste consumption is the single hardest aspect confronted by the private equity firms and REITs that participate in the annual GRESB assessment," WegoWise's energy software and industry expertise, which boasts the largest database of multifamily utility data in the world, can assist companies participating in the GRESB Real Estate Assessment, an annual review of ESG performance and sustainability measures including risk assessments, performance improvement programs, and engagement with the community and tenants. GRESB offers real estate portfolio managers, real estate debt providers, and infrastructure funds and asset managers a high-level metric to benchmark their ESG performance and sustainability best practices. WegoWise's platforms help participants gather key information needed for the assessment. Valuable indicators including GHG emissions, waste management data, water use, and energy consumption are tracked and formatted for GRESB standards. Efficiency measures and data management systems are also monitored to assess asset value. With about 40 percent (https://www.eia.gov/ About WegoWise WegoWise is the nation's leading energy benchmarking, building analytics, and sustainability reporting company, transforming the way multifamily housing and commercial buildings are realizing energy savings to increase operating income and asset value. Its software-as- About GRESB GRESB is an industry-driven organization committed to assessing the sustainability performance of real estate portfolios -- public, private and direct -- around the globe. The dynamic benchmark is used by institutional investors to engage with their investments with the aim to improve the sustainability performance of their investment portfolio, and the global property sector at large. End
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