Using Data & Analytics to empower Retta in its sustainable efforts

Company Overview

Retta is the largest professional service group in the Nordics specializing in the brokerage and management of apartments, properties and offices. Retta provides its customers with comprehensive services and solutions in real estate services for the housing and office space sectors.

Problem Statement

Real estate accounts for up to 40% of the global carbon emissions, which means that focusing on reducing these emissions can have major benefits. As a professional property management company, Retta aims to provide property owners with solutions that reduce their carbon footprint and electricity bills. Their mission is to help their customers make responsible decisions and promote the green transition through the services it provide to them. ESG report is an ideal and effective means of enabling companies to be more transparent and accountable about their current and planned sustainability initiatives. In real estate terms, ESG report validates the energy class of the building based on actual energy consumptions and CO2 emissions. One of the important tasks in ESG reporting is to calculate the energy data. Being the largest player in the industry, Retta had a huge base of energy data scattered across multiple sites and locations but there was no centralized solution where data can be collected and analysed.