From Best Efforts to the 4 As:
Actual, Automated, Accurate, Audit-Ready Sustainability Data

THE CHALLENGE

An NYSE-listed REIT approached GLYNT.AI to support its move from early limited efforts on sustainability reporting to a complete, accurate sustainability data system. With more than 40,000 individual assets across hundreds of locations, the effort needed for rigorous data capture and preparation was daunting. And as a U.S. public company, the REIT wanted to prepare for audits of this work.

The REIT needed sustainability data preparation capabilities, sustainability expertise for industry reporting, and financial expertise on how to prepare sustainability data in line with SOX requirements. They were looking for a solution that could deliver accurate, audit-ready sustainability data at scale and on a monthly schedule.

THE SOLUTION

To start, GLYNT.AI prepared a validated baseline of sustainability data for a full calendar year. This included the detailed data that identified opportunities for savings in energy, water and waste expense. Including thousands of assets across the U.S, the first year of data was also a terrific test of GLYNT.AI’s ability to automate data capture and preparation from even the smallest and remote locations. This phase of work led to the delivery of over 8.4 million sustainability data points.

For the second year of data, everyone decided to up the game. GLYNT.AI integrated directly with the REIT’s accounting systems, so that payments on the financial ledger led to energy, water, waste and emissions data on the “sustainability ledger.” This fully integrated financial-sustainability reporting for water, waste, energy and emissions is the gold standard in reliable, accurate SOX-level sustainability reporting.

With two complete annual baselines in place, the REIT is now moving to monthly updates, one step closer to operational use of sustainability data by local site managers. Reports to the certification bodies are filed on a routine basis.