Arc Announces Expansion of the Arc Performance Platform into Japan

Arc

2021/2/17 10:58

PR88074

 

WASHINGTON, Feb. 17, 2021 /PRNewswire=KYODO JBN/--

 

Arc (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2553028020&u=https%3A%2F%2Farcskoru.com%2F&a=Arc

), an affiliate of Green Business Certification Inc. (GBCI), announced today

that it has entered into a joint venture agreement with Woonerf Inc. (

https://woonerf.jp/en/ )and Development Bank of Japan (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=414940080&u=https%3A%2F%2Fwww.dbj.jp%2Fen%2F&a=Development+Bank+of+Japan

) to create Arc Japan (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2722727156&u=https%3A%2F%2Farcjapan.jp%2F&a=Arc+Japan

). Arc is a global technology company that operates the Arc performance

platform, which allows professionals overseeing the sustainability of buildings

and places to collect data, manage and benchmark progress, measure impact and

improve performance. Arc empowers its users to understand and enhance their

sustainability performance, improve occupant experience and indoor

environmental air quality, report on environmental, social and governance (ESG)

performance and pursue green building certification.  

 

The incorporation of Arc Japan will help meet growing demand from institutional

investors for ESG management tools and facilitate the growth of LEED in the

market. Projects can use Arc to manage, track and improve their sustainability

performance over time, and to work toward LEED certification or verify LEED

performance on an annual basis to keep their certification up to date. Arc also

supports ESG compliance by helping portfolio managers understand, analyze and

improve the ESG performance of their assets, companies and funds. By submitting

data to the platform, portfolio managers can quickly identify and improve

under-performing assets or identify assets that are performing well enough to

meet LEED certification requirements. The Arc platform can also be used to

track sustainability key performance indicators (KPIs), including energy

consumption, greenhouse gas emissions, indoor environmental quality, waste

management and water consumption at a project level or across a portfolio.

 

Japanese financial institutions and pension funds are poised to play an

increasingly critical role in the global property market in the near term.

Analysts estimate they could deploy more than $300 billion into property over

the next decade. This reflects larger real asset allocations from the

Government Pension Investment Fund and other influential institutional

investors. These investors are increasingly paying attention to sustainable

development and ESG, and they are seeking the kind of measured, real world

performance metrics and tools that Arc can provide. This creates new

opportunities for positive impacts across Japan and around the world.  

 

"Japan is one of the fastest growing ESG markets in the world," said Mahesh

Ramanujam, CEO of Arc and President & CEO of GBCI. "And the promising real

estate investment landscape in the country is only expected to accelerate its

importance on the global stage in the coming years, while also helping to move

Japan towards decarbonization and more sustainable development. The creation of

Arc Japan will serve to continue to advance demand for LEED in Japan and enable

us to advance our mission both inside and outside of Japan."

 

Hiroki Hiramatsu, Founder and CEO of Woonerf, has been appointed as CEO of Arc

Japan. Hiroki brings more than 30 years of experience in the financial and

green building and landscape design industries where he has promoted

sustainable urban renovation through integrating green building concepts and

landscape design, blending it with the green economy and financial systems.

Hiroki has earned the distinction of LEED Fellow, the highest recognition

available for a LEED professional in the green building industry, and has also

achieved the LEED AP BD+C and ND professional credentials.

 

"Japan is accelerating its commitment towards decarbonization and digital

transformation -- both in the public and private sectors -- and for these

initiatives to succeed they must leverage sustainable financing," said Hirko

Hiramatsui. "During the course of this journey in front of us, one of the key

questions Japan will face is how do we gauge the progress being made, since

this is hard to visualize. Arc can provide evidence-based verification, which

helps stakeholders communicate the progress they are making to each other and

track milestones. In the coming years, I expect to see a disruptive change in

behavior in the Japanese market with more and more business leaders opting for

sustainability and green building certification -- not only in the commercial

real estate industry but across sectors. Arc provides a guideline for those

seeking to make their businesses green."

 

The Arc platform is already being leveraged by a variety of customers in Japan,

such as investment managers, insurance companies, REITs, department stores,

retailers, asset managers, banks, cities and more.

 

About Arc

Arc (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2553028020&u=https%3A%2F%2Farcskoru.com%2F&a=Arc

) is a technology company affiliated with Green Business Certification Inc. Arc

believes that performance is the future of green building and the Arc

performance platform was created to help ensure better buildings and places for

people and the environment. The Arc platform allows teams overseeing the

sustainability of buildings and places to collect data, manage and benchmark

progress, measure impact and improve performance. Arc empowers its users to

understand and enhance their sustainability performance, promote human health

and well-being and contribute to a higher quality of life.

 

About Green Business Certification Inc.

GBCI is the premier organization independently recognizing excellence in green

business industry performance and practice globally. Established in 2008, GBCI

(

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2575829048&u=https%3A%2F%2Fwww.gbci.org%2F&a=GBCI

) exclusively administers project certifications and professional credentials

and certificates within the framework of the U.S. Green Building Council's

Leadership in Energy and Environmental Design (LEED (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2568243445&u=https%3A%2F%2Fwww.usgbc.org%2Fleed&a=LEED

)) green building rating systems, as well as the PEER (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=1144525191&u=http%3A%2F%2Fpeer.gbci.org%2F&a=PEER

) standard for power systems, the WELL Building Standard (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=1423372978&u=https%3A%2F%2Fwww.wellcertified.com%2Fcertification%2Fv2&a=WELL+Building+Standard

), the Sustainable SITES Initiative (SITES (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=1021419372&u=http%3A%2F%2Fwww.sustainablesites.org%2F&a=SITES

)), EDGE (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2471273533&u=https%3A%2F%2Fedge.gbci.org%2F&a=EDGE

) (Excellence in Design for Greater Efficiencies), TRUE (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2241564124&u=https%3A%2F%2Ftrue.gbci.org%2F&a=TRUE

) certification for zero waste, Investor Confidence Project (ICP (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=1246777151&u=http%3A%2F%2Fwww.eeperformance.org%2F&a=ICP

)) for energy efficiency retrofits and RELi (

https://c212.net/c/link/?t=0&l=en&o=3067333-1&h=2603866205&u=https%3A%2F%2Fwww.gbci.org%2Freli&a=RELi

) for resilient design.

 

Media contact: Sarah Merricks

smerricks@gbci.org  

+1-202-258-7453

 

SOURCE: Arc

 

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