Scaler

What is the mission?

Scaler is on a mission to empower the global real estate industry to scale positive impact through an actionable ESG data platform.

Who are the founders?

Scaler was founded by Zlatan Menkovic (CEO), former startup founder and product lead at Uber, and Luc van de Boom (CBO), who comes from a real estate ESG background and was an early employee at GRESB – the global ESG benchmark for real estate and infrastructure.

Why did Khaled get involved?

Addressing systemic risks has been one of my key areas of focus since launching Plural, and the Real Estate industry remains one of the largest emitters of carbon in the world, building operations representing c. 37% of global emissions today, in London 78%. Regulations have significantly ramped up to increase pressure and scrutiny on reporting and transparency on remediation plans, but the infrastructure and tooling available to an already-pressured industry pale in light of the challenge they have to meet. The poor data coverage and limited pervasiveness of technology add unnecessary friction for managers to comply with regulations, let alone plan effective measures to improve their footprint

Scaler’s platform allows managers to effectively collect relevant data and significantly automate their ESG reporting to meet regulatory standards. Managers can appraise their ESG scores across their property portfolios, determine areas of underperformance and leverage the Scaler dashboard to plan and stress tests the measures and retrofits across their portfolio to meet their net zero targets.

This is the only solution in the market that has operations, not only compliance, at heart to have an effective impact on the reduction of emissions. Scaler’s customers have already collectively planned $840 million in improvement and retrofit measures while reducing their carbon output by 15 million kgs in 2022, equivalent to the electricity of over 10,000 homes.