Decarbonisation platform Accacia raises $ 6.5 mn for real estate
Real Estate

Decarbonisation platform Accacia raises $ 6.5 mn for real estate

Real estate and construction activity are responsible for approximately 40% of global Greenhouse Gas (GHG) emissions, according to reports. It is noted that the sector lacks robust tools to measure climate risks and define decarbonisation pathways.

It was reported that Accacia was founded in 2022 by INSEAD alumni Annu Talreja along with co-founders Piyush Chitkara and Jagmohan Garg. The company offers an AI-enabled SAAS platform intended to aid real estate asset managers, owners, and developers in tracking their emissions and designing their decarbonisation journey.

Rezso Szabo, a Partner at Illuminate Financial, mentioned that the necessity to measure and manage climate risks has become crucial for large financial institutions, particularly concerning real estate, which is one of the most significant and affected asset classes in their portfolio. He emphasized that decarbonisation of real estate presents one of the largest opportunities today, stating that an enormous $ 18 trillion investment is needed over the next decade to achieve net zero in the real estate industry. Helen Wong, Managing Partner at AC Ventures, expressed appreciation for Accacia's custom solution tailored to the nuances of the real estate sector, highlighting its importance given the complexity of value chain emissions and the variety of asset uses.

Accacia's technology platform is reported to integrate seamlessly with existing property management, energy management, and procurement systems to automate real-time data capturing and tracking. This integration is cited as making Accacia the quickest and most affordable solution for real estate companies on their journey to achieving net zero emissions.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Real estate and construction activity are responsible for approximately 40% of global Greenhouse Gas (GHG) emissions, according to reports. It is noted that the sector lacks robust tools to measure climate risks and define decarbonisation pathways. It was reported that Accacia was founded in 2022 by INSEAD alumni Annu Talreja along with co-founders Piyush Chitkara and Jagmohan Garg. The company offers an AI-enabled SAAS platform intended to aid real estate asset managers, owners, and developers in tracking their emissions and designing their decarbonisation journey. Rezso Szabo, a Partner at Illuminate Financial, mentioned that the necessity to measure and manage climate risks has become crucial for large financial institutions, particularly concerning real estate, which is one of the most significant and affected asset classes in their portfolio. He emphasized that decarbonisation of real estate presents one of the largest opportunities today, stating that an enormous $ 18 trillion investment is needed over the next decade to achieve net zero in the real estate industry. Helen Wong, Managing Partner at AC Ventures, expressed appreciation for Accacia's custom solution tailored to the nuances of the real estate sector, highlighting its importance given the complexity of value chain emissions and the variety of asset uses. Accacia's technology platform is reported to integrate seamlessly with existing property management, energy management, and procurement systems to automate real-time data capturing and tracking. This integration is cited as making Accacia the quickest and most affordable solution for real estate companies on their journey to achieving net zero emissions.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000