Case Study: PGGM Achieves Smarter Real Estate Investment Decisions with Measurabl ESGx Securities

How PGGM Uses ESGx Securities to Drive Smarter Real Estate Investments

PGGM, a global pension asset manager with $220B in assets under management and $26.4B invested in real estate, needed a better way to evaluate sustainability risk across its listed and private property portfolios. The firm faced major data challenges, including fragmented ESG disclosures, limited asset-level visibility, and a lack of reliable energy and CapEx data needed to assess risk, compliance, and valuation. To address this, PGGM turned to Measurabl and its ESGx Securities solution.

Using Measurabl’s ESGx Securities, PGGM gained structured, investment-grade, asset-level energy data to improve CRREM alignment, support SFDR and EU Taxonomy reporting, identify stranded-asset risk, and inform portfolio valuation and capital allocation decisions. The solution helped PGGM move beyond broad ESG proxies toward more accurate, real energy-based analysis, including compliance estimates and transition-risk assessment. Measurabl also supported measurable operational impact through related energy management efforts, including 6M kWh in cumulative avoided electricity since Optimize installation and $150K in avoided energy costs in 2024.

PGGM

Andrea Palmer

Responsible Investment Lead