North ESG enters partnership with Newsec Advisory

North ESG has entered a strategic partnership with real estate group Newsec to help property stakeholders improve their ESG reporting and achieve more accurate and automated key figures. The partnership combines Newsec's extensive real estate expertise with North ESG's innovative platform, which streamlines data collection so property owners and investors can better navigate the growing complexity of ESG requirements.

Future ESG standards

As part of Newsec's overall strategy, where ESG, digitalization and technology play a central role, there is a strong focus on value-creating data. Steen Malmberg, Partner and Head of ESG and Proptech at Newsec Advisory, explains why this partnership is essential for the real estate industry right now.

We have seen how the real estate industry has been quick to adapt to stricter requirements for documenting energy consumption. But today, it is no longer enough just to measure consumption. To meet future ESG standards, a much broader data set is needed, including everything from scope 1, 2 and 3 emissions to climate risks and biodiversity. With our partnership with North ESG, we can deliver exactly the comprehensive insight that stakeholders need, says Steen Malmberg.

Automated data collection that makes a difference

North ESG's platform is built on the new industry-adapted reporting framework, Real ESG, designed to cover the full spectrum of environmental, social and business key figures. It provides property stakeholders with a deeper understanding and easier access to data they can use for strategic decision-making.

The Real ESG framework has in a short time accelerated the industry's understanding of what ESG reporting actually entails. With North ESG's technology, we automate within the framework all reporting of environmental data (E) and business data (F) as well as parts of social (S) and governance (G) factors. This gives property stakeholders a stronger foundation for both compliance and value creation, explains Steen Malmberg.

A shared goal to future-proof the real estate industry

The partnership with North ESG is built on a shared vision of making the real estate industry more sustainable and efficient through data-driven insight and technology. Nicolai Flodgaard, CEO at North ESG, sees great potential in the partnership.

We are excited about the partnership with Newsec Advisory, who have deep insight into the real estate sector. Their understanding of how ESG reporting can be integrated into daily operations is crucial to ensuring that our platform creates real value for property owners and investors. We believe this partnership will contribute to raising the standard for ESG in the real estate industry, says Nicolai Flodgaard.

With the new partnership, Newsec Advisory and North ESG will offer a combination of advisory and technological support to both large and small property clients. The goal is to ease the burden of ESG reporting while ensuring that property stakeholders have access to the best tools to meet both current and future requirements. The partnership is expected to have a positive effect on both sustainability efforts and property stakeholders' bottom line by helping them navigate an increasingly regulated world where responsibility and transparency are key.