Measurabl Case Studies WashREIT Makes Significant Strides in ESG

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	WashREIT Makes Significant Strides in ESG Measurabl

WashREIT Makes Significant Strides in ESG

Measurabl

Technology Category	Analytics & Modeling - Real Time Analytics Application Infrastructure & Middleware - Data Exchange & Integration
Applicable Functions	Facility Management
Use Cases	Energy Management System Regulatory Compliance Monitoring
Services	Data Science Services System Integration
Challenge	WashREIT, an owner and operator of 46 properties in the Washington Metro area, has been actively pursuing strategies to optimize all aspects of manageable energy consumption, demand, and cost since 2015. They aimed to ensure that building occupants are working and living in healthy and efficient spaces. To obtain benchmarks for their energy and overall ESG data, they began reporting to ENERGY STAR and GRESB. In 2018, they set an aggressive goal to reduce energy consumption and greenhouse emissions by 20% by 2025. Read More
About Customer	WashREIT is a real estate company that owns and operates 46 properties in the Washington Metro area. These properties range from offices to multifamily assets. The company prides itself on an ambitious research-driven portfolio strategy that transforms regional insights into sustainable actions. These actions are designed to deliver value to shareholders, tenants, and communities. Over 65% of their office portfolio is certified by LEED and ENERGY STAR. They have also achieved a Green Star rating from GRESB in all reporting years since 2015. Read More
Solution	WashREIT implemented Conservice's utility service and Measurabl’s comprehensive ESG platform. Conservice captures and audits utility bill data and issues payment to the utility provider. Their custom packages allow properties to implement submetering for sophisticated utility insight. Conservice was able to import WashREIT’s utility data directly into ENERGY STAR Portfolio Manager. From Portfolio Manager, they then synced their utility information into Measurabl, a software platform that measures and manages ESG data for the built environment. In addition to energy usage, Measurabl gave WashREIT visibility into the water, waste and carbon emissions of their assets to modify their sustainability initiatives and report to GRESB. Read More Log in to view content
Contents

Technology Category

Analytics & Modeling - Real Time Analytics

Application Infrastructure & Middleware - Data Exchange & Integration

Applicable Functions

Facility Management

Use Cases

Energy Management System

Regulatory Compliance Monitoring

Services

Data Science Services

System Integration

Challenge

WashREIT, an owner and operator of 46 properties in the Washington Metro area, has been actively pursuing strategies to optimize all aspects of manageable energy consumption, demand, and cost since 2015. They aimed to ensure that building occupants are working and living in healthy and efficient spaces. To obtain benchmarks for their energy and overall ESG data, they began reporting to ENERGY STAR and GRESB. In 2018, they set an aggressive goal to reduce energy consumption and greenhouse emissions by 20% by 2025.

About Customer

WashREIT is a real estate company that owns and operates 46 properties in the Washington Metro area. These properties range from offices to multifamily assets. The company prides itself on an ambitious research-driven portfolio strategy that transforms regional insights into sustainable actions. These actions are designed to deliver value to shareholders, tenants, and communities. Over 65% of their office portfolio is certified by LEED and ENERGY STAR. They have also achieved a Green Star rating from GRESB in all reporting years since 2015.

Solution

WashREIT implemented Conservice's utility service and Measurabl’s comprehensive ESG platform. Conservice captures and audits utility bill data and issues payment to the utility provider. Their custom packages allow properties to implement submetering for sophisticated utility insight. Conservice was able to import WashREIT’s utility data directly into ENERGY STAR Portfolio Manager. From Portfolio Manager, they then synced their utility information into Measurabl, a software platform that measures and manages ESG data for the built environment. In addition to energy usage, Measurabl gave WashREIT visibility into the water, waste and carbon emissions of their assets to modify their sustainability initiatives and report to GRESB.

Impact #1	Streamlined, closed-loop reporting system that drastically reduced person-hours and errors.
Impact #2	Ability to compare their efforts to those of their peers and track the relative progress of their sustainability initiatives over time.
Impact #3	Visibility into the water, waste and carbon emissions of their assets to modify their sustainability initiatives.

Impact #1

Streamlined, closed-loop reporting system that drastically reduced person-hours and errors.

Impact #2

Ability to compare their efforts to those of their peers and track the relative progress of their sustainability initiatives over time.

Impact #3

Visibility into the water, waste and carbon emissions of their assets to modify their sustainability initiatives.

Benefit #1	Over 65% of their office portfolio is certified by LEED and ENERGY STAR.
Benefit #2	680 energy usage fluctuation audits, with over $6k in savings from errors/provider estimations.
Benefit #3	Achieved a Green Star rating from GRESB in all reporting years since 2015.

Benefit #1

Over 65% of their office portfolio is certified by LEED and ENERGY STAR.

Benefit #2

680 energy usage fluctuation audits, with over $6k in savings from errors/provider estimations.

Benefit #3

Achieved a Green Star rating from GRESB in all reporting years since 2015.

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Overview

WashREIT Makes Significant Strides in ESG

Operational Impact

Quantitative Benefit