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NEW REPORT – Sustainability in CRE: Year End Review & 2024 Predictions

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ACCELERATE YOUR DECARBONIZATION JOURNEY

Accelerate profitable decarbonization and take control of your carbon journey,
empowered by the most impactful real-time machine learning recommendations.

Accelerate Profitable Decarbonization



23K

Metric Tons of CO2e

Reduced per Year


100%

Payback In Less Than

6 Months


45M

Square Feet Covered

Across North America


95%

Retention From Our Clients


DECARBONIZE YOUR PORTFOLIO FASTER WITH REAL-TIME RECOMMENDATIONS + INSIGHTS

Commercial buildings are responsible for 28% of all carbon emissions — which is
even more than the auto industry. This is why our team at Cortex has developed
our machine-learning decarbonization platform — providing asset- and
portfolio-level insights into the impact of your energy management activities
while your engineers receive unique and proactive recommendations to guide the
most efficient day-to-day operations — all at the tap of a finger.


ACCELERATE YOUR DECARBONIZATION JOURNEY

Reduce your assets’ energy usage faster by unlocking the highest-impact
operational improvements through our platform’s real-time recommendations and
24/7 analysis.


GROW AS AN ESG LEADER

Join the most innovative leaders in real estate, create a meaningful impact on
our communities and our planet, and become an industry leader in sustainability
while Cortex drives continuous meaningful CO2 and energy usage reductions as
your long-term decarbonization partner.


EMPOWER YOUR TEAM WITH DATA-BACKED IMPROVEMENTS

Whether it’s everyday operations or long-term projects, our recommendations —
guided by our top-of-class data sources and proprietary machine learning
algorithms — provide your teams with the actionable insight they need to
directly impact your bottom line.




ENABLE YOUR PORTFOLIO TO LEAD THE INDUSTRY FORWARD

With the trifecta of financial pressure for buildings to decarbonize —
penalty-driven regulations, investor and leadership expectations, and tenant
demands — the CRE industry needs industry leaders like you to guide the industry
forward towards a sustainable future that is business-smart. 

Join the biggest names in real estate and become an industry leader, with Cortex
as your long-term decarbonization partner.


Accelerate Profitable Decarbonization



HOW IT WORKS

Our platform securely processes thousands of building operation data points to
empower your engineers with real-time recommendations and insight and provide
you with easy access to live updates on your carbon reduction progress.


FOR BUILDING MANAGEMENT

Our platform also provides you with critical data and interactive graphs to help
you understand how your building operations are working at any given moment
throughout your work day. This means aligning with company or building ESG
goals, identifying operational issues faster, and finding the most
cost-effective and energy efficient time for smarter capex investments.


FOR ASSET MANAGEMENT AND SUSTAINABILITY LEADERS

Our platform provides the insights needed to more easily align your teams and
have more influence over your portfolio’s progress throughout your
decarbonization journey. With live, building-by-building insights, executive
building overviews, and portfolio-wide insights that visualize your portfolio’s
savings, you can enable the significant change that is needed to lead the
industry forward as ESG pressures increase.


FOR YOUR ENGINEERS

Our platform securely processes thousands of building operation data points to
provide your operations teams with in-depth, real-time recommendations that
enable the most impactful and informed operational improvements at the exact
moment it matters most — all at the tap of a finger.

Learn More


FOR BUILDING MANAGEMENT

Our platform also provides you with critical data and interactive graphs to help
you understand how your building operations are working at any given moment
throughout your work day. This means aligning with company or building ESG
goals, identifying operational issues faster, and finding the most
cost-effective and energy efficient time for smarter capex investments.


FOR ASSET MANAGEMENT AND SUSTAINABILITY LEADERS

Our platform provides the insights needed to more easily align your teams and
have more influence over your portfolio’s progress throughout your
decarbonization journey. With live, building-by-building insights, executive
building overviews, and portfolio-wide insights that visualize your portfolio’s
savings, you can enable the significant change that is needed to lead the
industry forward as ESG pressures increase.


FOR YOUR ENGINEERS

Our platform securely processes thousands of building operation data points to
provide your operations teams with in-depth, real-time recommendations that
enable the most impactful and informed operational improvements at the exact
moment it matters most — all at the tap of a finger.

Learn More


FOR BUILDING MANAGEMENT

Our platform also provides you with critical data and interactive graphs to help
you understand how your building operations are working at any given moment
throughout your work day. This means aligning with company or building ESG
goals, identifying operational issues faster, and finding the most
cost-effective and energy efficient time for smarter capex investments.

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A DECARBONIZATION PLATFORM BUILT FOR YOUR PORTFOLIO



> “The sustainability and economic benefits are shockingly large.”
> 
> – Nick Bienstock, Managing Partner of Savanna

Savanna, a series of real estate investment funds with millions of square feet
throughout New York City, piloted Cortex in a single building with the goal to:

 * Reduce their carbon impact
 * Meet the increasing demand from investors
 * Improve GRESB scores
 * Make progress towards Local Law 97 standards
 * Increase asset value

After piloting our platform in this first building, Savanna saw savings of over
$250K in operating expenses, an increased asset value of $5M, and improvements
to their environmental impact.

Once Savanna saw Cortex quickly deliver on these goals, Managing Partner Nick
Bienstock decided to incorporate the Cortex platform across Savanna’s portfolio,
creating not only a more sustainable portfolio, but a more valuable one. He
realized that, while Cortex provides value in individual buildings, the real
power of Cortex machine-learning platform lies in portfolio-wide acceleration. 

To date, Cortex has supported Savanna across their portfolio in improvements in
ESG performance and over $1.4M in lifetime financial savings.

Accelerate Profitable Decarbonization



YOUR PROUD PARTNER IN IMPROVING YOUR GRESB SCORES




OUR CORTEX COMMUNITY

More than 95% of Cortex clients believe in our mission and have successfully
made massive strides towards the decarbonization of their portfolios – and they
renew their subscription year after year.

Building Analytics capabilities like Cortex are a powerful complement to broader
sustainability strategies. The software provides immediate efficiency gains by
helping engineers more precisely manage existing equipment and provides
actionable insights that are very easy for building engineers to implement,
resulting in measurable savings.

Dana Robins Schneider

a Senior Vice President at Empire State Realty Trust

The Cortex installation and customer success teams did a flawless job getting
the system up and running in one of the most demanding environments in the
industry. Early results are both positive and promising.

Paul Rode

Head of US Engineering at Tishman Speyer

Not only have we found Cortex to be extremely cost effective, but its
environmental and sustainability benefits are also shockingly large. Having
Cortex in place at our properties certainly gives us a valuable jump start as
far as the steps we need to take to meet the new emissions requirements in New
York.

Nick Bienstock

Savana

Cortex is poised to change the game for commercial building operators and the
climate industry in general. I could not be more proud or excited to be
supporting the Cortex team in that journey.

Dan Malven

4490 Ventures Managing Director

Building Analytics capabilities like Cortex are a powerful complement to broader
sustainability strategies. The software provides immediate efficiency gains by
helping engineers more precisely manage existing equipment and provides
actionable insights that are very easy for building engineers to implement,
resulting in measurable savings.

Dana Robins Schneider

a Senior Vice President at Empire State Realty Trust

The Cortex installation and customer success teams did a flawless job getting
the system up and running in one of the most demanding environments in the
industry. Early results are both positive and promising.

Paul Rode

Head of US Engineering at Tishman Speyer

Not only have we found Cortex to be extremely cost effective, but its
environmental and sustainability benefits are also shockingly large. Having
Cortex in place at our properties certainly gives us a valuable jump start as
far as the steps we need to take to meet the new emissions requirements in New
York.

Nick Bienstock

Savana

Cortex is poised to change the game for commercial building operators and the
climate industry in general. I could not be more proud or excited to be
supporting the Cortex team in that journey.

Dan Malven

4490 Ventures Managing Director

Building Analytics capabilities like Cortex are a powerful complement to broader
sustainability strategies. The software provides immediate efficiency gains by
helping engineers more precisely manage existing equipment and provides
actionable insights that are very easy for building engineers to implement,
resulting in measurable savings.

Dana Robins Schneider

a Senior Vice President at Empire State Realty Trust

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COMPLIMENTARY TENANT MARKETING + ENGAGEMENT SERVICES

Cortex recently launched our Tenant + Stakeholder Engagement program. This
program is a complimentary Cortex customer service that arms your buildings with
marketing materials, helping you:

 * Attract and retain high-value tenants who want to work in sustainable spaces
   by communicating sustainability efforts
 * Engage and empower tenants to join your efforts by operating more efficiently
   in their own spaces, helping you make further progress towards your goals
 * Showcasing the important progress you make towards ESG initiatives to your
   stakeholders — such as your employees, investors, and community

Decarbonization is a long process, and Cortex is here to be your partner through
it all, helping you accelerate your progress in any way we can. By engaging your
tenants, you get the accolades you deserve, and the community benefits from more
sustainable living.

Get A Custom Decarbonization Plan



BUILDING DECARBONIZATION: HOW CORTEX STACKS UP

Decarbonization is a complex journey, and with so many options promising so many
savings, navigating what to prioritize is overwhelming. We’ll break it down for
you — here’s how we stand out and why Cortex is the partner you need for your
decarbonization journey.


IMPACTFUL INSIGHTS POWERED BY TOP-OF-CLASS DATA

We are able to provide the most impactful and unique recommendations and
reporting visualizations across your portfolio through our rich data sources
— including BMS data, meter data, daily and hyper-localized weather information,
asset specific context, and more.


INTUITIVE PLATFORM THAT CUSTOMERS LOVE TO USE

Our platform’s design is informed by behavioral science and research into
engineers and building owners in some of North America’s most iconic buildings.
Cortex customers use our software more than 5 times a day on average.


REAL-TIME RECOMMENDATIONS WHEN THEY MATTER MOST

Our machine learning capabilities provide real-time, predictive operating
recommendations at the exact time it matters most. While most vendors only look
at historical data to provide retroactive suggestions to increase future
efficiencies, our platform processes data streams in real time. 




READY TO LEARN MORE ABOUT CORTEX? LET'S CHAT.

From optimizing operations to making better decisions across your portfolio,
Cortex helps you take action to achieve your decarbonization goals - today,
tomorrow, and in 2030. Set up time with one of our experts to talk.

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