New proptech solution for ESG due diligence launched
Measurabl has launched a new ESG due diligence product.
The proptech firm said its Climate Due Diligence Scan (CDDS) will give real estate investors, lenders, and insurers instant access to accurate, timely property-level data on any real estate transaction globally.
CDDS provides property-level estimates derived from Measurabl's ESG database and physical climate risk data from S&P Global Sustainable1. It covers environmental risks such as energy consumption and carbon emissions, exposure to physical climate hazards, green building certification status, and climate regulations.
"Making any type of real estate investment decision without upfront visibility into its sustainability risks is not only imprudent, it's unnecessary" said Sara Anzinger, director of data products at Measurabl. "More than ever before, transition and physical climate risks carry financial consequences which can threaten investment returns."