CREtech Officially Launches New Climate Tech Platform Aimed At Galvanizing The Real Estate Industry To Decarbonize The Sector And Promote ESG Initiatives
CREtechClimate.com To Raise Awareness And Drive Investments In Critically Important Climate, Sustainability and ESG Movements
New York, NY (February 19, 2021) — CREtech, the largest media company devoted to covering the real estate technology sector, announced the official launch of CREtech Climate, a new platform devoted to educating and inspiring investment in climate tech, sustainability, and ESG throughout the Built World. In collaboration with Fifth Wall and several leading real estate and advisory companies, CREtech Climate’s mission is to decarbonize the industry and promote sustainability and ESG through a daily newsletter, virtual events, webinars/forums, and market research.
CREtech Climate will be the “voice” of the real estate industry’s commitment to climate tech by developing a global consortium of thought-leaders, policy makers, venture capitalists, startups, and real estate companies. The overarching goal of CREtech Climate is to significantly reduce the industry’s carbon footprint by driving investments and encouraging the adoption of climate technologies.
CREtech is joined by Founding Sponsors Fifth Wall, the largest venture capital firm focused on technology-driven innovation for the global real estate industry, Savills, a global real estate services provider, Oxford Properties Group, a leading global commercial real estate investor, developer and manager, RXR, a leading real estate owner, investor, operator and developer, and EY, a global consulting, assurance, tax and transaction services company.
“The real estate sector is responsible for approximately 40% of all greenhouse gas emissions globally and it’s incredibly clear that for the sector to address its responsibilities, as well as its opportunities, it needed more education, awareness and leadership on how to reverse these trends,” stated Michael Beckerman, CEO of CREtech. “We have an extraordinary opportunity as an industry to be the catalyst for meaningful change in addressing the critical issue of climate change. This new CREtech Climate initiative will be an accelerant in not just driving awareness, but forcing measurable action. Launching CREtech Climate, with the support of our extraordinary Founding Sponsors, is one of the most meaningful and important initiatives in my long career in real estate,” Beckerman concluded.
Join the CREtech Climate community for free here.
If your company is at the intersection of real estate and clean technology, please join our database here so that we can be in touch regarding ways CREtech Climate can support your initiatives.
CREtech is Reimagining Real Estate. We are the largest international community of professionals devoted to technological innovation in the real estate sector. Our mission is to help the industry embrace, adopt, and future proof its businesses. Our streaming, live/virtual events, and consulting platform inspires the next generation of ideas, processes, and people to champion the world's largest asset class.
About Fifth Wall
Founded in 2016 and based in Los Angeles, California, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology-driven innovation for the global real estate industry. With approximately $1.3 billion in commitments and capital under management, Fifth Wall connects many of the world's largest owners and operators of real estate with the entrepreneurs who are redefining the future of the Built World. Fifth Wall is backed by a global mix of more than 60 investors from 14 countries, including Acadia Realty Trust, Azora, BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield, D.R. Horton, Equity Residential, Gecina, GLP, Hines, Host Hotels & Resorts, Hudson Pacific Properties, Lennar, Lowe's Home Improvement, Macerich, Marriott International, MERLIN Properties, MetLife Investment Management, Mitsubishi Estate, News Corp, MOMENI, Nuveen Real Estate, Pontos Group, Prologis, PulteGroup, Related Companies, SEGRO, Starwood Capital, Toll Brothers, Vanke, and others. Fifth Wall believes this strategic corporate consortium represents one of the largest groups of potential partners in the global Built World ecosystem, which can result in game-changing investments and collaborations in promising portfolio companies in retail, residential and multi-family, commercial, industrial, hospitality, and more.
For more information about Fifth Wall, its partners, and portfolio, visit www.fifthwall.com.
About Oxford Properties Group
Oxford Properties Group connects people to exceptional places, and is the owner, developer and manager of some of the world's best real estate assets. Established in 1960, it manages approximately $60 billion of assets across the globe on behalf of its co-owners and investment partners. Oxford's portfolio encompasses office, retail, industrial, hotels and multifamily residential and spans more than 100 million square feet in global gateway cities across four continents. A disciplined and thematic investor, Oxford invests in properties, portfolios, development sites, debt, securities and platforms across the risk-reward spectrum. With its global headquarters in Toronto, Oxford operates out of over 15 regional offices including New York, London, Luxembourg, Singapore and Sydney. Its long-term approach to real estate investment aligns Oxford's interests to its customers and the communities in which it operates. Oxford is the global real estate arm of OMERS, the AAA credit rated1 defined benefit pension plan for Ontario's municipal employees.
For more information on Oxford, visit www.oxfordproperties.com.
About Savills Inc.
As one of the world's leading property advisors, Savills services span the globe, with 39,000 experts working across 600 offices in the Americas, Europe, Asia Pacific, Africa and the Middle East. Sharply skilled and fiercely dedicated, the firm’s integrated teams of consultants and brokers are experts in better real estate. With services in tenant representation, workforce and incentives strategy, workplace strategy and occupant experience, project management, and capital markets, Savills has elevated the potential of workplaces around the corner, and around the world, for 160 years and counting.
About RXR Realty
Founded in 2007, RXR Realty is a vertically integrated private real estate company with expertise in investment management, property management, development, design, construction, leasing and financing. RXR is focused on New York City and the surrounding metropolitan region. RXR Realty's portfolio comprises approximately 25 million square feet of commercial properties as well as over 6,000 multifamily and condominium units in the market or under active development. The portfolio has an aggregate value of more than $18 billion and includes notable properties such as The Helmsley Building, The Starrett Lehigh Building, 75 Rockefeller Plaza, Pier 57 and luxury developments such as The RitzCarlton Residences. For more information, please visit rxrrealty.com.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation is available via ey.com/privacy. For more information about our organization, please visit ey.com.