The startup focuses on helping real estate companies target which buildings to modernise for the greatest energy and cost savings
Spotted: Real estate is responsible for around 40 per cent of total global emissions, with around 28 per cent of that total generated by existing buildings. But the question of how to ensure that any modernisation is sustainable and meets environmental, social, and governance (ESG) requirements is not an easy one to answer. This is what startup Predium aims to tackle, with its ESG software platform for the real estate industry.
The Munich-based company has developed a platform that provides building owners and managers with a comprehensive overview of the ESG status of the property. The platform collects information on energy consumption, CO2 emissions, and other building information from a wide variety of sources. Then, the system performs a precise profitability check of various modernisation measures.
The platform is designed to allow users to prioritise the measures that best meet ESG benchmarks and cost savings, while allowing them to track implementation. Predium also supports reporting of any measure taken, and their effects, to investors, boards, and regulators.
Founded in 2021, Predium raised €1.6 million last year in a seed funding round, and has been growing fast since.
Improving the efficiency of the built environment is crucial to reaching net zero. Luckily, there are no shortage of ideas on how to achieve this. Take a look at our archive for some that Springwise has spotted, including environmentally friendly concrete and wood-based, fossil fuel-free insulation.
Written By: Lisa Magloff