Measurabl to provide ESG due diligence for US property lender
Measurabl has secured a partnership to provide sustainability due diligence on all commercial real estate loans issued by Voya Investment Management.
The San Diego-based real estate ESG platform will provide energy use intensity and carbon estimates, green building certification look ups, and regulatory ordinances on buildings, to help Voya better understand the ESG implications of its lending activity.
Voya has $15.4 billion of commercial real estate debt under management and lends across the US.
"We look forward to working with Measurabl and incorporating their advanced sustainability due diligence into our operations to the benefit of our clients,” said Gregory Michaud, head of real estate finance at Voya. “Their platform will enhance our underwriting process and bolster our impact investing initiatives"