MVGM and Rhino Join Forces to Decarbonise the built environment with real-time utility data

Amsterdam, June 5, 2024 – MVGM, a leading European property management company, and Rhino, a global leader in utility data management, are excited to announce their strategic partnership to decarbonise commercial and residential real estate. With the partnership, MVGM will leverage Rhino’s advanced real-time utility data technology that will enable it to further support its clients in achieving their Environmental, Social and Governance (ESG) goals, Sustainable Finance Disclosure Regulation (SFDR) and Corporate Sustainability Reporting Directive (CSRD) compliance.

Anne Brom, European Commercial Manager bij MVGM said, “We are excited to partner with Rhino to bring advanced usage data solutions to our clients. This partnership reinforces our commitment to sustainability and gives our clients the tools they need in the landscape of regulations.”

Rishi Lodhia, Chairman of the Board Rhino, added, “Our partnership with MVGM marks a significant step toward making the decarbonisation of the real estate industry mainstream. Together, we enable real estate investors to make informed decisions that are both economically and environmentally beneficial.”

With increasing regulations and market demand for transparency in sustainability, the collaboration between MVGM and Rhino comes at a critical time. The SFDR and CSRD require detailed and accurate reporting on sustainability practices, which requires robust data collection and analysis capabilities. The Rhino Platform provides comprehensive real-time monitoring of electricity, water and gas consumption, allowing MVGM’s clients to seamlessly track and report their sustainability statistics. Powered by AI and cloud technology, the Rhino Platform supports sub-metering capabilities, enabling detailed insights and predictive analytics for energy optimization and sustainability reporting.

This partnership highlights MVGM and Rhino’s commitment to advancing sustainability in real estate through innovation and technology. Clients can now access comprehensive, real-time data, enabling improved sustainability reporting and operational excellence.

Key Benefits of the Partnership:

• Enhanced Data Accuracy: Rhino’s IoT-enabled system provides precise real-time data on utility consumption and production, eliminating the inaccuracies associated with manual data collection.
• Automated Reporting: The integration facilitates the automatic generation of sustainability reports, ensuring compliance with SFDR and CSRD regulations without the administrative burden.
• Sustainability Insights: Detailed consumption analytics enable the identification of inefficiencies and optimisation opportunities, aiding in the reduction of carbon footprints and operational costs.
• Regulatory Compliance: By aligning with EU regulations, the partnership ensures that MVGM’s clients are well-prepared to meet the stringent requirements of SFDR and CSRD, fostering investor confidence and market competitiveness.
• Real-Time Monitoring: Rhino’s platform provides real-time consumption monitoring for all utilities, including electricity, water, and gas, across various asset classes and geographical locations.
• Cost Reduction: Optimise energy usage and reduce utility costs through precise monitoring and analysis, leading to significant savings.
• Comprehensive Data Integration: The platform supports the integration of data from main meters and submetering systems, offering a holistic view of utility usage.
• Advanced Analytics: Rhino’s tools allow for detailed consumption analysis, including building benchmarking, load demand analysis, and identification of optimisation opportunities.
• Customisable Reporting: Users can generate on-demand or automatic periodic reports, facilitating ongoing tracking and control of utility consumption.
• API Integration: The platform provides a REST API for seamless integration with ESG dashboards, Building Management Systems (BMS), and tenant experience applications.