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easurabl, the world's most widely adopted sustainability data management platform for real estate, has released its inaugural Measurabl Intelligence report. This longitudinal analysis examines energy use and carbon emissions intensity trends across seven U.S. property types from 2019 to September 2024.
The study reveals declines in both measures across all property types analyzed, with cumulative energy reductions ranging from 5% to 25% and carbon declines between 14% and 29%. State-level energy reductions range from 14% to 34%, with Illinois, Virginia, and Washington, D.C. leading the way.
Offices and industrial warehouses are aligned with net-zero trajectories, while retail, hospitality, and healthcare sectors lag behind. Carbon emissions reductions outpaced the corresponding energy efficiency gains, with industry-wide decreases ranging from 14% to 29%. Industrial warehouses followed closely with a 24% energy use intensity reduction, while retail, hospitality, and residential sectors each saw 17% declines.
The report highlights how sustainability-minded companies are using data-driven insights to improve operational efficiency, drive cost savings, and bolster long-term resilience. Industry leaders, including AMLI Residential, Nuveen Real Estate, and BXP, are leveraging real-time data to optimize efficiency, reduce costs, and future-proof assets.
Measurabl's study offers unparalleled accuracy and insights relative to other industry reports. The report follows buildings longitudinally (2019-2024), capturing meaningful sustainability trends both pre- and post-COVID, and tracks real energy performance using actual utility meter data from spaces and buildings.
The full methodology is outlined in detail in the report. Measurabl Intelligence also benchmarks progress against CRREM decarbonization pathways, emphasizing the need for accelerated action to meet 2050 net-zero goals given gaps between measured progress and CRREM benchmarks. Despite economic and geopolitical challenges, Measurabl's data signals a fundamental shift in how real estate consumes energy.
Measurabl Intelligence is a call to action, underscoring the urgency of accelerated action to meet long-term decarbonization goals. The report highlights how sustainability efforts are directly linked to efficiency, cost savings, and asset value, regardless of evolving macroenvironmental or political factors.
