Sustainability Magazine January 2020 | Page 123

Justus Wiedemann
It then enables Corestate to benchmark its buildings ’ performance against their peer group of similar structures . By establishing benchmark scores through such means , Corestate circumvents the traditional limits of depth imposed by the labour-intensive nature of data collection .
The result , Wiedemann says , is the revelation of hidden cost drivers across the Corestate portfolio , enabling cost cutting and value creation that would have been far more challenging to realise in a pre-data driven world . As these cost drivers are generally a result of utility management , addressing them with an approach geared towards efficiency simultaneously creates value and minimises the environmental impact of each building . Combining Measurabl ’ s data with its own utilities and energy consumption information , driven by the proliferation of data points such as smart meters , offers Corestate a powerful capacity to enact changes that empower both its financial bottom line and the environment . 123
EXECUTIVE PROFILE

Justus Wiedemann

Justus Wiedemann is Group Sustainability Officer at Corestate .
He is responsible for the overall ESG framework as well as the operational integration of ESG criteria at corporate , product and asset levels . Prior to joining Corestate , Justus was a consultant in a digital and banking unit and an executive consultant within the automotive supplier industry . Justus earned a BA in International Business and Finance from
DHBW Stuttgart , a BA in International Accounting from the University of South Wales and an MSc in Management and Economics from Zeppelin University , where he wrote his master ’ s thesis on machine learning in conjunction with WHU – Otto Beisheim School of Management .
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