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Environmental Data Project

  Industry Data Model   >   Environmental Data Project

OSCRE's Environmental Data Standard now includes Water
 
  • Energy was published in 2023 with 5 use cases with API specifications for 4 data exchanges.
  • Water was published in November 2024.
  • Water has been combined with Energy in the same 5 environmental data use cases.
  • Waste is under consideration as a future project.
Highlights of the Water Data Standards Project
  1. The same 5 use cases developed for Energy apply to Water with some variation in the details.
  2. Energy took 6 months to develop - very fast in itself - Water took 4.
  3. Mirroring the 5 Energy use cases makes it easier to implement Energy and Water together.  
  4. Major reporting platforms ask for both Energy+Water - combined use cases support this.
  5. The business case for implementing Water adds value beyond Energy, including:
  • Measuring ROI on capital investment in projects impacting water.
  • Developing the business case for water reclaimation systems. 
  • Improving attractiveness of assets to investors with ESG-focused funds.
  • Mitigating risk of financial penalties and lack of water supply.
  • Simplifies baselining water use and monitoring performance.
  • Anticipating information needed for insurance and underwriting where water reslience is a factor.
Environmental Data Standards - use cases now include Water

This includes one data model standard and four data exchange standards.  Click the links below to view the details of each use case.  API specs are provided for the data exchange use cases 2-5 below.

  1. Environmental Data Set - a data model use case plus 4 data exchange use cases below
  2. Environmental Policy
  3. Collect Environmental Data from Functional Owners
  4. Collect Environmental Data from Supply Chain
  5. Environmental Data Reporting Requirements of Supply Chain

 

Industry Leadership and Collaboration.  The OSCRE Environmental Data Standards are the result of a collaboration of leading companies and industry associations. Together they are developing the standards to improve environmental data management and reporting. Who's participating in the project?  

 

Why These Industry Leaders are Collaborating? These industry leaders are sharing their perspectives and collaborating to develop solutions to one of the most critical challenges facing our industry today - better data to capture real estate’s impact on the environment.  Real estate organizations need to move quickly to develop an effective approach to managing environmental data. That need for speed impacts how you collect, report and analyze data. You have an opportunity to accelerate your progress towards better strategies and practices for environmental data management and decision making in a platform-agnostic approach.

Interested in collaborating? please contact us at info@oscre.org

 

 

 

 

SEC Update
Securities and Exchange Commission adopted final rules to require registrants to disclose certain climate-related information in registration statements and annual reports - now on hold.  Click here to learn more.

IFMA’s FMJ Jul-Aug 2023,

The New FM Role: A Conduit for Collaboration in Environmental Data

Realcomm Live welcomes guests
Lisa Stanley, CEO of OSCRE International and
Adam Hastings, Chief Data Officer at Hines
to discuss details about OSCRE's Environmental Data Standards Project.

VIEW PRESENTATION

OSCRE's Sustainability Innovation Forum:
Sustainability @ BMO Financial
Deep dive into sustainability strategies, practices and ethics including a focus on data management
Environmental Reporting: The Case for Industry Collaboration, by Lisa Stanley, OSCRE CEO
Published by WMRE 2023 Market Outlook, click here to read

 

 

 

 

Environmental data: pain points, priorities and performance 

CoreNet Global The Source
Nov. 2022 issue, click here to read