Accacia, founded in 2022 by industry veterans Annu Talreja, Jagmohan Gaarg, and Piyush Chitkara, is revolutionizing the real estate sector with its innovative platform designed to tackle the multifaceted challenge of carbon emissions and sustainability.
With the real estate industry under increasing pressure to reduce its significant environmental impact, Accacia’s mission is to enable effective carbon footprint management through state-of-the-art technology.
The platform automates data tracking from a variety of sources including utility bills, building management systems, and ERPs, providing comprehensive carbon accounting in line with the Greenhouse Gas (GHG) Protocol across 23 inventory categories.
Accacia’s technology is specifically tailored to the complexities of the real estate industry, featuring customised Scope 3 modules for over ten asset classes and leveraging a substantial dataset.
One of its standout features is the automation of embodied carbon calculations, which optimizes building designs with materials that have the lowest global warming potential (GWP) values.
Moreover, Accacia’s platform aligns with the Partnership for Carbon Accounting Financials (PCAF) framework to calculate financed emissions for investment portfolios, offering crucial insights into climate risks across diverse asset classes and geographies.
The platform employs artificial intelligence to plan decarbonization trajectories, estimate project costs, and assess the complexity of decarbonization projects.
In addition to these advanced features, Accacia’s marketplace connects users with vendors and offset options pertinent to their specific decarbonization needs.
The platform serves a wide range of stakeholders within the real estate industry, including single-asset owners, multi-billion dollar portfolio managers, lenders, asset managers, operators, and developers.
Accacia’s comprehensive toolset supports a broad array of asset classes such as multi-family residential, commercial and retail, hospitality, college campuses, data centres, hospitals, logistics and warehousing, industrial parks, conference/event venues, and airports.
By integrating carbon accounting, embodied carbon calculations, financed emissions analysis, and decarbonization planning, Accacia is set to make a transformative impact on the real estate sector, helping it move towards a more sustainable future.
