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Increasing Asset Value Through One Streamlined Platform
Before engaging with Goby, Loews utilized multiple tools that have not provided the accountability and accuracy expected. A cumbersome and time-consuming manual data entry process led to missed opportunities for certifications and benchmarking ordinances, delayed payments and penalties, and overlooked energy procurement opportunities. Loews Hotels plans to expand their geographic reach dramatically in the coming years as part of their portfolio development strategy. This rapid expansion and commitment to the environment is why Loews Hotels relies on Goby for turnkey Data management & sustainability solutions.
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SupErChArgEd ESg rEporting: Exemplifying transparency through robust technology & reporting frameworks
RPAI, a real estate investment trust (REIT) that owns and operates high-quality, strategically located open-air shopping centers, sought to enhance their ESG (Environmental, Social, Governance) disclosures. The company wanted to provide comprehensive, fair, accurate, timely, and understandable outcomes designed for regulatory agencies and other public communications. However, they faced uncertainty on how to efficiently disclose the full scope of their environmental data, including energy, water, and waste data, as well as effectively communicate their ESG accomplishments. Until this point, RPAI had been utilizing quarterly investor presentations and earnings calls as platforms to showcase their ESG efforts and had compiled data via manually tracked company utility logs. They wanted to move beyond the ISS benchmarking tool they’d been using and create a more structured reporting scope.
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