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IBM, JLL Launch ESG Data Management and Reporting Solution for Commercial Real Estate Tech giant IBM and real estate and investment management-focused professional services provider JLL announced the launch of an ESG data management and reporting solution targeted at the commercial real estate (CRE) sector. According to IBM and JLL, the new solution comes as corporate lease demand is shifting based on ESG requirements, with anticipated demand for low carbon office space expected to significantly exceed supply, while most companies are still at the early stages of integrating ESG metrics into core functions, including real estate and facilities management. Read More: https://lnkd.in/gNEzAjDf A Sustainable World is possible! 💚 Powered by Intengine #Sustainability #ASustainableWorld #ESG #ESGdata #IBM #ESGdatamanagement

Gartner says by 2027 80% of digital workplace leaders will integrate digital workplace tools with environmental, social and governance (ESG) management and reporting tools, up from less than 5% today. #ICTGLOBAL #Gartner #digitalworkplace #ESG

On 15th July 2024, JLL and IBM announced a sustainability solution powered by IBM Envizi technology and delivered by JLL’s sustainability services team, available globally. The solution is designed to help address the challenges organizations in the Commercial Real Estate (CRE) sector are facing, such as capturing and managing data across real estate portfolios for decision-making and public reporting. JLL India Guy Grainger Elke Kornalijnslijper Sandeep Sethi Ajit Kumar Radha Dhir #collaboration #ESGreporting #decarbonization #climateaction #CRE #datamanagement

⏩ CRE is set to accelerate towards a net zero future, as IBM and JLL announce their new ESG reporting and data management solution for commercial property. By 2025, 30% of market demand for low carbon office space will not be met – creating a tipping point for net zero carbon target penetration in lease markets. However, across organizations, the integration of ESG metrics into core functions is limited - in order to address their sustainability goals companies must increase this integration. One way to achieve these results is through the help of robust data management and reporting platforms. Their sustainability solution, powered by IBM Envizi technology and delivered by JLL’s sustainability services team, is designed to help clients in the commercial real estate sector address ESG reporting challenges and drive progress towards their decarbonization goals. "Now more than ever, organizations need ESG data to underpin their sustainability performance initiatives and reporting. We look forward to working with JLL to enable their customer base with our AI-infused, specialized software to meet their evolving business needs.” - Kendra DeKeyrel, Vice President of ESG and Asset Management at IBM Read more about the launch, including insights from JLL and IBM reports into the sustainable future of real estate, and comments from Guy Grainger, Global Head of Sustainability Services at JLL, via the article linked below. 👇 https://lnkd.in/dtnAeXwS #RealEstate #CRE #PropTech #Sustainability #ESG ---- 💡 Follow PropTech Connect for daily Real Estate and PropTech news and insights.

Sustainability Experts - We spend more time on collecting and cleaning data than on analyzing it, let alone focusing on impactful initiatives. Data can be a powerful ally, but it turns into a nightmare when buried in emails, surveys, invoices, and spreadsheets. Many teams are now building their reporting tech stacks and collaboration tools for better sustainability management/disclosure, yet data infrastructure discussions are frequently pushed aside. You're not alone. A significant 72% of ESG/financial teams report their reporting agility is hindered by data inconsistencies and errors. Unreliable data infrastructure triggers vicious cycles, diverting precious resources to fixing errors rather than advancing sustainability efforts. In 2024, automating data collection isn't just convenient; it's a catalyst for meaningful change. It's time to engage in those challenging conversations and break free from this vicious cycle. #sustainability #datacollection #carbonaccounting #esg #2024goals

In next 3 years 80% of digital workplace (DW) leaders will integrate DW tools with environmental, social and governance (ESG) management and reporting tools, up from less than 5% today. Environmental sustainability is a growing priority for CEOs and senior business executives, despite tightening economic conditions. Today, few DW tools offer data on sustainability, and those that do usually focus on device power consumption which in the DW is only about 15% of emissions. #digitalworkplace #esg

Drive Sustainability with Business Central! A powerful new feature that helps you track and report on your sustainability efforts, ensuring compliance with the European Union's Corporate Sustainability Reporting Directive (CSRD) and other ESG standards. Key Highlights: Comprehensive Reporting: Record and report on a wide range of sustainability data, from emissions to qualitative and quantitative insights. Compliance Ready: Built to meet the rigorous requirements of the EU's CSRD, impacting around 50,000 companies. Streamlined Processes: Use Sustainability Journals and Entries to simplify data collection and reporting, supporting various emissions types, including carbon footprint and more. This feature is a game-changer for small and mid-sized organizations looking to enhance their sustainability initiatives and reporting. Get ready for future expansions and automation that will further boost your sustainability efforts. Note: Some of the functionality described in this release plan has not been released. Delivery timelines may change and projected functionality may not be released. #Sustainability #BusinessCentral #ESG #CSRD #CorporateResponsibility #TechForGoo https://lnkd.in/gSb8yE4G #Dynamics365 #MSDyn365 #Dynamics #Dynamics365bc #Dynamics365BusinessCentral #AmplifySS #AmplifySoftwareSolutions #MicrosoftPartner #DynamicsPartner #DynamicsOutsourceCenter #BusinessCentralPartner #BusinessCentralDevelopment #BusinessCentralConsulting #BusinessCentralImplementation #Developmentservices #ERPDevelopmentCompany

Establishing trust is possible only with teams that are empowered to collaborate securely and seamlessly across workspaces. Read more about the state of assurance and integrated reporting in the Workiva 2024 ESG Practitioners Survey! Get your copy: https://lnkd.in/gn3mT4aH #ESG #FinancialReporting #ESGreporting #Sustainability

Akila is thrilled to announce it has formed a strategic alliance with Deloitte to offer sustainable digital twin software solutions for building management in the U.S. This collaboration aims to help organizations reduce carbon emissions, optimize energy consumption, and enhance operational efficiency. Nate Florio, MAI, CRE, MRICS, Deloitte Advisory’s Sustainability, Climate & Equity Real Estate leader and a principal in Deloitte TBA summed it up perfectly: “Improved building management can help organizations reduce energy use while also increasing asset value. With data-driven insights and strategic guidance, we hope to help Deloitte and Akila’s shared clients as they transform their built environments into more sustainable and efficient assets,” The future of building management is here, with real-time data monitoring, benchmarking, and advanced simulations. We are looking forward to extending these innovative solutions to organizations in the U.S., driving growth in the digital twin market and contributing to a more sustainable world.   Together, let's transform the built environment! 🌱 #Sustainability #DigitalTwin #BuildingManagement #ESG

Digitally Responsive First. Although digitalisation in the world of sustainability reporting is increasing, there still seems to be hesitation amongst businesses and decision makers to make the transition from just having a pdf to also having digital responsive report (microsite). When presented with the advantages, many can see how it makes sense to make the transition, yet the common concerns that arise are to do with costing and a resistance to change. Cost: Digital responsive reporting is not necessarily a costly affair. In fact, in comparison to the investments being made on software solutions that help companies track and report on ESG metrics, there is no comparison. In a recent article by Deloitte, the prediction is that the revenue from software tools will climb from under an estimated US$800 million in 2023 to just more than US$1 billion in 2024. I can confidently say that companies are no going to be spending US$1 billion on their sustainability communications. Resistance to Change: Most of us do not take to change that easily, especially if we are comfortable with existing methods. What many are failing to understand is that changes in the reporting landscape are unavoidable, even more so no than in the past. Stakeholders are increasingly demanding greater communications and transparency. Digital responsive reporting is just the first step in a Digital 1st approach. Ultimately, the decision on whether to go with digital responsive reporting is increasingly becoming a no brainer. The concerns and advantages can be weighed, but companies need to more engaging, which cannot be done via a pdf. #sustainabilityreporting #digitalreporting #corporatereporting #esg #sustainability #communications #paulandmarigold