Real estate investors are gaining a new tool to evaluate climate transition risk as sustainability data platform Measurabl and the CRREM Foundation launch the first company-level dataset measuring alignment with science-based decarbonization pathways across the FTSE EPRA Nareit Developed Index.
The new dataset, developed in response to demand from institutional investors and asset managers, has been integrated into Measurabl’s ESGx Securities and ESGx Buildings products. The offering provides standardized estimates of energy consumption, greenhouse gas emissions, green building certifications and regulatory exposure at both the building and company levels.
The addition of Company-Level CRREM Misalignment Year data introduces a forward-looking measure of transition risk, allowing investors to assess how listed real estate companies compare against CRREM’s climate pathways using a single dataset.
Assets that fall behind those pathways could face mounting financial pressures, including higher capital costs, leasing challenges and declining valuations, though measuring those risks consistently across public companies has historically proven difficult.
“CRREM was designed to help investors assess transition risk systematically across diversified portfolios, but applying it consistently across REITs and public companies has been a challenge,” said Andrea Palmer, chief executive officer of the CRREM Foundation. “What investors need is a clear, consistent, comparable way to assess how companies perform against science-based transition pathways.”
Measurabl said the expanded ESGx platform now evaluates approximately 70,000 buildings owned by 370 publicly traded real estate companies.
“Listed real estate investors need a consistent way to understand when companies may fall out of alignment with climate transition pathways—and what that could mean for future cost, risk, and valuation,” said Aislinn McCarry, head of EMEA at Measurabl.
The ESGx Securities platform is powered by Measurabl’s Quantum dataset, which spans more than 2.14 billion square meters of real estate across more than 90 countries.
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