Measurabl > Case Studies > Crown Realty Partners: Streamlining ESG Reporting with Measurabl

Crown Realty Partners: Streamlining ESG Reporting with Measurabl

Customer Company Size

Mid-size Company

Region

America

Country

Canada

Product

Measurabl

Tech Stack

Automated Data Collection
ESG Reporting Tool

Implementation Scale

Enterprise-wide Deployment

Impact Metrics

Environmental Impact Reduction
Digital Expertise

Technology Category

Analytics & Modeling - Data-as-a-Service

Applicable Functions

Business Operation

Use Cases

Energy Management System

Services

Data Science Services

About The Customer

Crown Realty Partners is a commercial real estate company founded in Toronto in 2001. The company acquires, leases, manages, and redevelops commercial real estate assets across Canada. Crown has a well-established track record, an experienced team, and takes a hands-on approach to provide superior returns for its investors and better workplaces for its tenants. Crown is committed to being a sustainability leader in the real estate industry and strives to exceed regulatory requirements by implementing innovative approaches and investing in ongoing physical and operational improvements. The company has particularly accelerated its ESG efforts over the past five years.

The Challenge

Crown Realty Partners, a commercial real estate company based in Canada, was committed to being a sustainability leader in the real estate industry. However, the company faced challenges in automating the collection of utility data and streamlining ESG reporting across its portfolio. The company's first year reporting to GRESB in 2019 was time-consuming due to the lack of a central repository for all the required information. Crown Realty Partners needed a solution that could automate data collection, streamline ESG reporting, and provide metrics for investor reporting on demand.

The Solution

Crown Realty Partners implemented Measurabl, a tool that automates the collection of utility data and streamlines ESG reporting across its portfolio. The sustainability team at Crown now spends less time collecting data and more time focusing on ESG projects that move the needle. The team can also provide metrics to its partners for investor reporting on demand, including summaries of its portfolio- and asset-level ESG performance and projected energy savings resulting from various upgrades. Crown used Measurabl’s ESG reporting tool to report to GRESB in 2020 and had a significantly more streamlined experience. The team saved a significant amount of time and effort pulling the required information through Measurabl.

Operational Impact

Crown's GRESB score increased during a year when many scores decreased slightly due to changes in the scoring methodology.
Senior management accesses the user-friendly platform to stay up to date on sustainability benchmarking and results.
Measurabl’s new PCRX feature assists Crown, during its due diligence phase and through ongoing building operations, in evaluating building-level exposure to climate-related events to help mitigate climate risk.
Outlining a comprehensive view of Crown’s building-level ESG performance to track which assets are excelling in certain areas and prioritize where improvements need to be made.

Quantitative Benefit