QUANTREFY supports Wealthcap in ESG optimization of its real estate portfolio.
Frankfurt, 07 July 2022 – QUANTREFY, provider of an ESG implementation platform with a digital ESG assistant, will support the real asset and investment manager Wealthcap in the ESG optimization of its portfolio properties in Germany. The aim for Wealthcap is to use the QUANTREFY platform to generate specific recommendations for action to improve the ESG performance of its properties.
During implementation, QUANTREFY evaluates the available data for the individual properties and calculates ESG key figures in real time, such as the GRESB rating (Global Benchmark for Real Assets), the ECORE score (ESG Circle of Real Estate) or the CRREM assessment (Carbon Risk Real Estate Monitor). QUINN, QUANTREFY’s digital ESG assistant, provides targeted recommendations for action, known as VISIONS, to optimize the ESG performance of the properties. The tool suggests suitable service providers for the implementation process, which can be commissioned directly online.
Wealthcap brings data from over 100 energy suppliers from the portfolio onto the platform. QUANTREFY supports the data migration process by having a team contact the third-party service providers directly and coordinate with them.
Justus Wiedemann, founder and CEO of QUANTREFY, comments: “We are pleased to support Wealthcap in the ESG optimization of its portfolio properties and thus in reducing its environmental footprint. The data migration by our team and the creation of an interface between our systems also allows Wealthcap to focus on implementing the recommendations for action and spend fewer resources on implementation and administration.”
Julia Hauber, Head of ESG Real Estate at Wealthcap, says: “Optimizing our real estate using QUANTREFY’s platform is a very important part of our ESG strategy. Every company needs to be clear about how to seize opportunities arising from ESG optimization or risk devaluations of stranded assets. We are certain that with QUANTREFY, we have the ideal software solution at hand to set an example for our tenants and investors.”
About QUANTREFY
QUANTREFY stands for intelligent ESG optimization that goes beyond the mere collection of data. The software solution bundles the most important ESG scoring models in one system, delivers corresponding key figures per asset or portfolio and at the same time provides optimization suggestions for improving KPis.
The company, headquartered in Frankfurt, Germany, was founded in April 2021 by Managing Director Justus Wiedemann. Based on his expertise in the development and implementation of ESG strategies, Wiedemann developed the idea of an automated tool that is able to recommend actions based on the available data and enable implementation. QUANTREFY was named a top 100 impact tech company by Tech for IMPACT Map, a collaboration between BUILTWORLD and PwC.
About Wealthcap
Wealthcap is one of the leading real asset and investment managers in Germany. Our more than 35 years of expertise give us access to high-quality alternative assets. In addition to German real estate of various types of use, these include institutional target funds from the private equity, international real estate and infrastructure/renewable energies segments, supplemented by portfolio funds. With our agile investment platform, we create individual offers tailored to specific target groups – from private clients to institutional investors. The result is a universe of real assets ranging from closed-end public AIFs to open and closed-end special AIFs, securities solutions or individual mandates and club deals.