Longevity Partners Launches Real Estate Emissions Tracking and Decarbonization Solution
ESG advisory firm Longevity Partners announced today the launch of Decarbonization Dashboard, a new tool aimed at enabling commercial real estate professionals and asset managers to track emissions and outline decarbonization pathways for real estate portfolios.
The real estate sector has one of the largest sectoral carbon footprints, responsible for about 40% of global greenhouse gas (GHG) emissions and 34% of global energy use. Longevity’s digital dashboard has been designed to track these emissions and outline decarbonization pathways for commercial real estate portfolios.
Key features of the new solution include the ability to track carbon emissions, optimize energy consumption, and streamline compliance with environmental regulations. According to Longevity Partners, the new Decarbonization Dashboard combines building performance data and energy audit results to estimate decarbonization pathways at various levels, from individual assets to entire portfolios, indicating which measures and assets will make the greatest impact on portfolio performance, giving decision-makers an actionable prioritization strategy for decarbonization. The solution can also identify measures with the highest return on investment.
The company said that Decarbonization Dashboard works alongside mandatory energy audits and is part of a set of tools being developed by Longevity Partners to help businesses achieve their net zero emissions targets by 2050. Longevity said that Sensitivity to Building Performance Standards (BPS) and other risks can also be integrated into a client’s dashboard, and that the tool empowers corporations and asset managers to meet regulations including, CSRD, SFDR, SECR, CSDDD and the SEC’s climate disclosure rule.
Etienne Cadestin, CEO of Longevity Partners, said:
“This tool has the capacity to revolutionize the real estate sector’s approach to sustainability by unlocking tangible and actionable insights to progress towards a more sustainable future. Longevity remains committed to creating innovative tools that are so desperately needed to deliver the climate goals at scale and we look forward to releasing additional tools very soon.”