Innovation Project of the Year: Frameworks and Standards
Winner:
Measurabl
Free Solution: Open Data Infrastructure for Sustainable Real Estate
Measurabl won edie’s Innovation Project of the Year: Frameworks and Standards Award for its Free Solution, which removes cost barriers to sustainability performance management and creates open, industry-wide sustainability data infrastructure for real estate.
The challenge
Despite increasing pressure to decarbonise, many building owners still lack access to the data and tools needed to understand and improve performance. Historically, sustainability software has been costly and resource-intensive, limiting adoption to large organisations with dedicated teams and creating a two-tier market in which smaller owners and operators cannot measure and manage performance.
Yet meaningful progress towards net-zero requires participation from the broader market. Commercial real estate accounts for nearly 40% of global energy-related carbon emissions, but much of the market remains underserved by advanced sustainability technology.
The solution
Inspired by the success of ENERGY STAR Portfolio Manager, the Free Solution carries forward ENERGY STAR’s founding principle that trusted sustainability benchmarking should be accessible to all. Its development has been guided by Mike Zatz, the programme’s former director, who now leads Measurabl’s data ecosystem and partnerships. Measurabl is a six-time ENERGY STAR Partner of the Year.
Unlike traditional platforms that restrict access through licensing fees, the Free Solution provides foundational capabilities at no cost: benchmarking; Scope 1, 2 and 3 emissions calculation; carbon, water and waste tracking; data quality management; certification tracking; goal-setting; and secure stakeholder data sharing.
How the project works
The platform is open, interoperable and ecosystem-driven, integrating with thousands of data sources, including bidirectional synchronisation with ENERGY STAR Portfolio Manager. It treats sustainability data infrastructure as a shared resource rather than a premium capability: every building that joins improves benchmark quality for all users, creating network effects that closed, proprietary platforms cannot replicate.
The platform also shifts the industry from measuring sustainability for compliance to using data to drive action. Owners can move directly from baseline measurement to retrofit roadmaps, regulatory compliance plans and energy optimisation strategies within the same ecosystem. Beyond decarbonisation, standardised, verified performance data reduces information asymmetry across capital markets, supporting more accurate asset pricing, better-informed lending and underwriting, and improved climate risk disclosure.
The results
Within four weeks of launch, more than 11,000 buildings representing 2 billion square ft across 36 countries had adopted the Free Solution – the fastest adoption in Measurabl’s 13-year history. Today, more than 21,200 buildings across 44 countries, representing 3.7 billion square ft, use the platform, with early adopters including leading institutional owners, state pension funds and their service providers.
More than 42,000 buildings within Measurabl’s broader platform are subject to energy disclosure requirements, while over 9,000 are exposed to Building Performance Standards; the Free Solution helps owners prepare for these evolving requirements and prioritise efficiency improvements. In 2025, USGBC California selected Measurabl as the preferred platform for its California Building Performance Standards Hub.
Measurabl’s broader platform – which supports more than 23 billion square feet and over $3trn in assets across 96 countries – demonstrates what this infrastructure can achieve at scale. Measurabl Intelligence data shows greenhouse gas emissions across seven US property sectors have declined by 5-25% since pre-COVID baselines. Customer BXP has avoided more than 18 million kWh of electricity consumption and $2.2m in energy costs, while Rubenstein Partners has reduced consumption by 6.2 million kWh and avoided approximately $629,000 in energy expenses. The Free Solution creates the on-ramp to these outcomes for organisations that previously lacked a scalable pathway to participation.
At a glance
Who: Measurabl
What: Measurabl Free Solution
Where: Global
Why: To ensure trusted sustainability data is not held behind paywalls, so that sustainability can scale across the real estate market
When: 2026
Runners up
BSI
Creating the First Global Standard for Net Zero Transition Planning in Finance
ISO 32212 is an international standard for net zero transition planning in financial institutions, developed under ISO with support from BSI. Where most existing initiatives concentrate on disclosure and commitments, this standard addresses the planning process itself, setting out the governance, systems and controls needed to embed transition planning into lending, investment and underwriting decisions, and covering climate adaptation alongside decarbonisation. Drafting engaged 59 experts from 13 national standards bodies and seven liaison organisations, generating more than 1,400 technical comments, and was completed in 23 months against the 30 to 36 months typical for standards of comparable complexity.
Sustainable Energy First
Sustainable Energy Consortium (SEC)
The Sustainable Energy Consortium aggregates more than 100 UK renewable generators and a group of corporate buyers into a single portfolio-to-portfolio supply arrangement. It sits between green tariffs backed by unbundled REGO certificates, which face growing scrutiny over credibility, and corporate power purchase agreements, which demand large volumes, long commitments and substantial legal resource. Generation is matched to consumption every half-hour and supplied at a fixed price. The consortium supports around 245GWh of renewable generation a year, enabling participating organisations to cut over 41,000 tonnes of CO2e annually through market-based Scope 2 reductions.
The Change Climate Project
The Climate Label
The Climate Label is a certification scheme requiring companies to pay an internal carbon fee rather than simply set a reduction target, on the basis that fewer than one in ten of the 10,000-plus companies with climate pledges are meeting them. Certified firms commit $15m of funding to verified climate solutions for every million tonnes they emit, creating a dedicated transition budget they can spend inside or beyond their own value chain. In its first year the scheme verified 523 funded projects, covering 905,469 tonnes of emissions, and mobilised more than $22m in private-sector funding.
