We recently sat down with Freddie Cowper-Coles, Investment Director at Triple Point REIT, to hear more about how the company has used Kamma’s energy efficiency data to get a more complete picture of their properties’ energy efficiency and understand ways in which they can upgrade their properties.
“We haven’t come across anyone in the market who provides the data services for environmental efficiency that Kamma do.”
Freddie Cowper-Coles, Investment Director at Triple Point REIT
Investor demand and MEES regulation
Freddie describes how Triple Point REIT have used Kamma’s data to launch an environmental home retrofit programme to reduce their portfolio’s emission.
“Before you can do anything to achieve Net Zero, you need data. You need to understand what the emissions associated with your portfolio are.”
Freddie Cowper-Coles, Investment Director at Triple Point REIT
This helps them to meet their investors’ demands and keep up with new MEES regulations.
He describes how they, as well as many other companies at the moment, are under a lot of pressure from their investors demanding actions to be taken to reach Net Zero.
“It’s reached the point now, if you do not achieve high levels of energy efficiency across portfolio, if you cannot demonstrate that you’re doing a lot to achieve Net Zero, then you will be penalised by your investors.”
Freddie Cowper-Coles, Investment Director at Triple Point REIT
As we know, last year the government passed the first reading of the Minimum Energy Efficiency of Buildings Bill that, once passed into law, will affect everyone in the mortgage value chain, including REITs.
How Kamma’s advanced environmental data has helped Triple Point REIT
Freddie continues to discuss the importance of data and reporting when it comes to energy efficiency.
Since using Kamma, they have been able to report on their energy efficiency performance to their Boards with ease and establish a credible Net Zero strategy which they can use to attract new investors.
“Working with Kamma has been a delight. They have delivered really high quality information to us at high speed.”
Freddie Cowper-Coles, Investment Director at Triple Point REIT
Want to explore how we could work together to accelerate your Net Zero journey? Contact us or book a demo and we’ll be in touch.