Sustainability Magazine January 2020 | Page 125

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Wiedemann adds that the increased digitalisation of energy data collection in Germany also offers an opportunity for improved vendor management . “ We have started a group-wide process with major German operational cost advisory Westbridge to tender out our complete energy consumption of all of our managed assets ,” he says . “ We will then be left with a very consolidated vendor market , making it much easier to go ahead with smart metering at scale . If you have 33 fragmented energy vendors , you end up with 33 different hardware components to install .”

“ Looking at overall carbon dioxide emissions in the EU , the highest polluting factor is real estate buildings . 36 % of carbon dioxide emissions , within the EU , come out of real estate . We should all have a very clear focus on optimising buildings ”

— Justus Wiedemann , Group Sustainability Officer , Corestate Capital
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