How the Predium Software Solution Makes ESG reporting Easy
Data Availability and Standardization
There is no single, universally accepted standard for ESG reporting in the real estate industry. As a result, there is a lack of comparability of ESG performance. A variety of metrics and indicators that are not comparable or use different definitions and calculations also make it difficult to accurately assess ESG performance.
For ESG reporting, real estate companies also need to draw on various data sources, such as energy and water consumption data and waste rates. However, barrier-free access and sufficient quality of these relevant data are not always available. Properties in a real estate portfolio are usually located in different regions, making data integration and analysis difficult.
Predium software creates an accurate overview of scattered and unsorted ESG data for your properties within a few days. These are collected over the entire calendar year, generating a clean database with your ESG strategy, consumption values, data on technology as well as the building envelope. You have all the information in one place and don't start from scratch for your ESG reports, but build on continuously collected data.
Automatic Reporting, without Excel
Excel also poses difficulties in managing, analyzing and visualizing data, as well as security and collaboration problems. The enormous manual effort required to enter data in Excel is hardly feasible for a single person - which is why several users from different departments often use one file, which, however, is not designed for this purpose.
Excel also limits the reusability of data from one reporting campaign to the next. This results in a large number of different Excel versions during the reporting process. When new reporting questions are added or CRREM paths are adjusted, chaos is perfect.
Predium software does ESG analysis for you, reports your status quo, and handles your long-term ESG action planning to achieve ambitious ESG goals and avoid property value loss. Complex scenario planning based on timeframes, costs, funding opportunities and savings potential is handled by Predium in a comprehensible way and at the push of a button.
Finally, all information flows automatically into ESG reporting, which is constantly adapted to updated standards. This way, you avoid greenwashing, the time-consuming work with Excel is eliminated, and you can communicate your progress and planning to all stakeholders individually and comprehensively. Investors, residents, employees, politicians and society receive a comprehensible overview of your ESG activities.
All relevant steps and processes are clearly visualized in the user-friendly dashboard of the Predium software, which can be operated by several users simultaneously. You are not dependent on third parties or the use of Excel and nothing stands in the way of efficient ESG reporting.
