REBNY Carbon Net Zero PropTech Challenge

REBNY

Apr 19

Prescriptive Data and in partnership with Cleartrace was selected as a top PropTech solution in two separate categories at The Real Estate Board of New York’s (REBNY) annual PropTech Challenge. This year’s PropTech Challenge, ‘Getting to Carbon Net Zero,’ highlighted best-in-class solutions for building decarbonization.

In the “Building and Tenant — Energy Management and Optimization” category, Prescriptive Data’s Nantum OS, and in partnership with Cleartrace, was awarded for its ability to orchestrate and optimize a vast array of HVAC equipment, smart submeters, thermostats, occupancy sensors, and more, aligning the various systems toward energy efficiency by using AI/ML to correlate operations.

Additionally, and in the “Carbon Measurement, Verification, Reporting and Accounting” category, Nantum OS and Cleartrace were awarded for providing building operators and owners with an immutable record of a building’s full energy-use cycle, from procurement to end-use, enabling carbon management, reduction, and trading at scale.

The 2022 PropTech Challenge focused on sustainable operations and the ongoing efforts of New York’s property sector to reduce carbon emissions. New regulations like Local Law 97, which sets a cap on emissions, are paving the way toward city-wide minimum building performance standards. New York State Energy Research and Development Authority (NYSERDA) has long advocated for better technology in the built environment, working with the private sector to develop innovative solutions that optimize building operations. Together NYSERDA and REBNY are coordinating private and public sector innovation focused on addressing the building sector's role in carbon emission reduction.

See more about the challenge on our awards page.