ESG Reporting is a priority for owners, operators, and developers of multi-tenant real estate. The challenge is accessing reliable and granular data. Usually this is a manual process, carried out at regular intervals. Utopi ESG technology gives the data needed to measure performance in real-time. This data can be used to enhance scoring across multiple ESG accreditations. Applying context to consumption data helps reduce waste, optimising performance before investment in decarbonisation projects. With Utopi’s 5D data model, consumption and emissions can be reduced by an average of 30%.
Utopi technology is designed to meet the climate crisis head on, ensuring that buildings are prepared to meet the challenges of climate change, and giving owners, operators, and occupants the tools they need to reduce energy consumption. With Utopi, building owners should see an ESG performance impact of 20%, giving them:
- Access to ‘Green Capital’.
- Granular, real-time reporting for GRESB and other benchmarks.
- Ways to set targets and monitor performance – driving to Net Zero.
- Open API to Integrate with other platforms..
- Improved Resident Engagement.
- Consistent ESG data across an entire portfolio.
Overview of start-up
Utopi is pioneering ESG technology, using smart technology to collect live data from buildings, presenting data on easy-to-read dashboards and engaging communities with their resident app. Providing real, tangible, and contextualised information that allows owners and residents to take action and move towards the decarbonisation of real estate.
The Utopi Connect software platform pulls live data directly from smart devices and API integrations which are low cost and low disruption. Utopi analyses data and applies context, providing easy-to-digest dashboards and reports. The U-bot searches for anomalies in the data, flagging potential issues. With the Utopi app, residents have access to more data than ever before on their living space, inspiring and informing them to combat climate change.
What makes the start-up innovative
To enhance well-being data collection, Utopi has designed a bespoke multi-sensor for the multi-tenant market. Designed to be low cost, aesthetically pleasing, and battery-operated, the sensor is easy to deploy and scalable, whether it’s a retro-fit for existing developments, or specified for a new build.
The sensor collects real-time data on light, noise, air quality, temperature, humidity and motion, giving owners and residents access to vital wellbeing data.
Understanding how amenity spaces are being used is key for operational performance and resident experience. Utopi can retrofit low-cost, wireless people counting sensors to gather vital occupancy data. Sharing that data with residents through the Utopi app will improve their living experience and help building owners manage spaces effectively.
Submeter data collection
Accurate submeter data is key to understanding consumption and calculating a building’s climate impact from utilities. Utopi can collect meter data in 3 ways:
- Hardware – low-cost, retrofit IoT sub-metering.
- Systems – on-site data loggers / BMS.
- API’s – integrations with the national smart meter network.
How the start-up has been designed to scale up quickly
Utopi is targeting a number of high-value customers in the private sector, with a focus on multi-tenant accommodation (i.e. purpose built student accommodation and built to rent). It also successfully secured investment earlier this year.