QUANTREFY and right° enter partnership to achieve the 1.5 degree target

QUANTREFY and right° enter partnership to achieve the 1.5 degree target.

Frankfurt, June 01, 2022 – QUANTREFY, the world’s first provider of an ESG implementation platform with a digital ESG assistant for the real estate industry, and right°, a climate tech company from Frankfurt and pioneer of the so-called “Temperature Alignment” metrics, are entering into a strategic partnership: QUANTREFY is the first system to integrate right’s X-Degree Compatibility (XDC) model into its own ESG implementation platform. The XDC model calculates the climate impact of buildings or portfolios in degrees Celsius. This makes it possible to directly compare whether the building will contribute to achieving the 1.5-degree target of the Paris Agreement or how far away it is from reaching this target.

The XDC metric is fed into QUANTREFY as a further key indicator alongside GRESB, ECORE and CRREM in order to determine the current climate path (known as “temperature alignment”) for the ESG performance of assets and portfolios. This value is then available as an additional parameter in the dashboard and can be included in the automatically generated reports to show the sustainability of the portfolio.

The next development step is to generate concrete proposals for action, called VISIONS, which will lead to an improvement in climate impact. It will then also be possible to forecast the likely effects of certain optimization measures on the XDC results. QUANTREFY is the first software solution to integrate the XDC model into its own software platform in this form and depth.

Justus Wiedemann, Managing Director and founder of QUANTREFY: “Our aim with QUANTREFY as a central ESG platform is to make all processes relating to ESG optimization available to customers in a transparent manner. We are therefore very proud to have right° as another strong partner at our side to provide concrete operational optimization recommendations based on the XDC model – offering our clients further added value for the optimization of their assets.”

By integrating the XDC model, the climate impact of buildings is not only measurable, but also directly translated into concrete steps to reduce it. In combination with QUANTREFY’s entire database, not only the climate impact becomes more transparent, but also its origin, as the CO2 drivers can be identified more easily.

Hannah Helmke, founder and managing director of right°: “We can only achieve the Paris target together – and that is only possible if each individual can prove that they are doing their part, in other words their 1.5°C building or 1.5°C portfolio. We are therefore delighted to be able to provide a more comprehensive view of the climate impact of assets through our partnership with QUANTREFY and thus offer customers the basis for actively working towards the 1.5°C target.”