Chapter 2: BuildingMinds - Driving Sustainability in Real Estate through Digital Transformation
CHAPTER 2 SUMMARY:
BuildingMinds - Driving Sustainability in Real Estate through Digital Transformation
BuildingMinds’ chapter foregrounds the role of digital transformation in empowering real estate professionals to manage and optimize their properties with a focus on environmental, social and governance (ESG) factors. BuildingMinds highlights the challenges faced by the industry, the digital platform it offers and the benefits of implementing such a platform for sustainable real estate management.
Key findings
BuildingMinds highlights the importance of data availability in delivering a target-based roadmap for decarbonization, for example using CRREM. The best way to access accurate real-time data is to use a property management platform that serves as a single source of truth, connecting to smart meters, utility providers and existing software solutions.
Equally, a comprehensive approach to data historicization is essential to ensure portfolios can be effectively assessed by regulators and auditors. A dependable audit trail is vital to verify information and trace historical changes to the recorded data.
