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Fitwel Announces Certified Metrics Pilot to Substantiate Value & Risk

Retrieved on: 
Wednesday, September 13, 2023
Well, LAB, Partnership, Natural elements, Marketing, PwC, Adai, Post-occupancy evaluation, Health, Transport, Certification, BNP Paribas, Community, CFAD-FM, Risk, Vornado Realty Trust, ESG, Social, Hudson Pacific Properties, Satellite navigation device, Cryptocurrency, Online shopping, Risk management, Management, BGO, Collaboration

NEW YORK, Sept. 13, 2023 /PRNewswire/ -- Fitwel®, the healthy building certification platform operated by the Center for Active Design (CfAD) and Active Design Advisors Inc. (Adai), announced today the launch of its Certified Metrics pilot in partnership with sustainable technology and services company EVORA Global. A global first for the industry, the new tool is a giant step forward in validating data for real estate, addressing the growing need for a rigorous and standardized approach to integrate the 'Social," including health and well-being measures, into ESG reporting. 

Key Points: 
  • Certified Metrics answers a question long asked by the global market: how do we quantify & validate the "Social" in ESG?
  • Certified Metrics can be used across funds and portfolios with a variety of asset types, ultimately delivering data-driven insights to inform investment decisions.
  • "This is the appeal of Certified Metrics – in offering a much-needed pathway for companies to maximize the value they are creating by prioritizing health."
  • Fitwel Certified Metrics will deliver increased value by providing:
    A report showcasing a fund or portfolio's certified metrics, including key stats and narratives to bolster regulation and compliance reporting as well as marketing and ESG submissions
    "EVORA's long-standing relationship with Fitwel has moved a step closer now thanks to our collaboration on the Certified Metrics standard," shared Philippa Gill, EVORA Global Executive Director, Strategic Accounts.

Fitwel Announces Certified Metrics Pilot to Substantiate Value & Risk

Retrieved on: 
Wednesday, September 13, 2023
Well, LAB, Partnership, Natural elements, Marketing, PwC, Adai, Post-occupancy evaluation, Health, Transport, Certification, BNP Paribas, Community, CFAD-FM, Risk, Vornado Realty Trust, ESG, Social, Hudson Pacific Properties, Satellite navigation device, Cryptocurrency, Risk management, Management, BGO, Collaboration

NEW YORK, Sept. 13, 2023 /PRNewswire/ -- Fitwel®, the healthy building certification platform operated by the Center for Active Design (CfAD) and Active Design Advisors Inc. (Adai), announced today the launch of its Certified Metrics pilot in partnership with sustainable technology and services company EVORA Global. A global first for the industry, the new tool is a giant step forward in validating data for real estate, addressing the growing need for a rigorous and standardized approach to integrate the 'Social," including health and well-being measures, into ESG reporting. 

Key Points: 
  • Certified Metrics can be used across funds and portfolios with a variety of asset types, ultimately delivering data-driven insights to inform investment decisions.
  • Fitwel's entity-level solution builds on the latest health evidence base by, for the first time, connecting health outcomes with economic value, pointing to clear substantiation of value and risk.
  • "This is the appeal of Certified Metrics – in offering a much-needed pathway for companies to maximize the value they are creating by prioritizing health."
  • Fitwel Certified Metrics will deliver increased value by providing:
    A report showcasing a fund or portfolio's certified metrics, including key stats and narratives to bolster regulation and compliance reporting as well as marketing and ESG submissions
    "EVORA's long-standing relationship with Fitwel has moved a step closer now thanks to our collaboration on the Certified Metrics standard," shared Philippa Gill, EVORA Global Executive Director, Strategic Accounts.

Center for Active Design Appoints Managing Director and Bolsters ESG Expertise with New Board Appointments

Retrieved on: 
Tuesday, June 27, 2023
Columbia University, Health Promotion International, Sustainability, GSA, Public, Health care, Built environment, COVID-19, KKR, Movement, Certification, CDC, Public health, Publication, CFAD-FM, Frankel, Housing, General Services Administration, Happiness, Face, NAREIT, ESG, Applied science, Social, Research, Health, Trout, Benchmarking, Environment, Alexandria Real Estate Equities, Management, Property management, Fitwell

NEW YORK, June 27, 2023 /PRNewswire/ -- The Center for Active Design (CfAD) today announced the promotion of Sara Karerat to Managing Director and appointments of Ari Frankel and Fulya Kocak to its Board of Directors. This expanded leadership within the organization will help advance CfAD's mission to drive the healthy building movement forward and quantify ESG performance from a people-perspective.

Key Points: 
  • "Over the past several years, ESG has evolved from an emerging trend into a core component of real estate business practices that create and protect value, but metrics supporting the Social pillar remain unsettled," says Sara Karerat, Managing Director of the Center for Active Design.
  • Previously, Kocak served as head of ESG for Nareit , where she helped design and shape ESG and sustainability initiatives for the U.S. real estate industry.
  • Fulya Kocak comments, "I am thrilled to join the Center for Active Design and contribute to driving the healthy building movement and ESG benchmarking in social impact.
  • Through these exciting new appointments, the Center for Active Design and Fitwel will continue to pave the way for the healthy building movement and ESG benchmarking.

Fitwel® Awarded UL Solutions with Two Best in Building Health and Two Top 20 Ambassadors Awards

Retrieved on: 
Monday, April 10, 2023
Kansas City National Security Campus, Greatest, Partnership, National Council of Architectural Registration Boards, CIM Group, Built environment, Boston Properties, Centers for Disease Control and Prevention, Tenant, CDC, Sustainability, Asset, CFAD-FM, City, National Council, Pennsylvania Avenue, Health, Ambassador, Environment, Real estate, Nursing, Ridesharing, Fitwell

NORTHBROOK, Ill., April 10, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced that it received two Fitwel Best in Building Health® and two Top 20 Ambassadors List awards from Fitwel®. UL Solutions was named a winner in the Greatest Number of Certifications in 2022 and Most People Impacted award categories in recognition of UL Solutions' leadership and progress in advancing occupant health and well-being in the built environment.

Key Points: 
  • NORTHBROOK, Ill., April 10, 2023 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced that it received two Fitwel Best in Building Health® and two Top 20 Ambassadors List awards from Fitwel®.
  • UL Solutions was named a winner in the Greatest Number of Certifications in 2022 and Most People Impacted award categories in recognition of UL Solutions' leadership and progress in advancing occupant health and well-being in the built environment.
  • Best in Building Health honors best-in-class companies and individuals leading the healthy building movement by example, leveraging the Fitwel data-driven, scalable technology platform to set the bar for excellence in building health.
  • Two Fitwel Ambassadors from the Assets and Sustainability Performance group at UL Solutions, Christopher Tacy, senior project manager, and David Adler, project manager, were included in the first Fitwel Top 20 Ambassadors List.

Vari Lands Fitwel "Best in Building Health" Award

Retrieved on: 
Tuesday, March 28, 2023
Partnership, Culture, Workplace, AP, Movement, Organization, CFAD-FM, ESG, Health, Environment, Property management, Interior design, Corgan, Building

DALLAS, March 28, 2023 /PRNewswire/ -- Texas-based workspace innovation company Vari® won a Fitwel® Best in Building Health® award for its design of VariSpace Coppell. The prestigious award honors companies enhancing human health through buildings designed for wellness and sustainability.

Key Points: 
  • DALLAS, March 28, 2023 /PRNewswire/ -- Texas-based workspace innovation company Vari® won a Fitwel® Best in Building Health® award for its design of VariSpace Coppell.
  • Vari lands Fitwel® Best in Building Health® honors in the Multi-Tenant Whole Building (Design) for VariSpace Coppell.
  • A rigorous third-party healthy building certification system, Fitwel sets the industry standard for evidence-based strategies that promote health and wellness through the built environment.
  • VariSpace Coppell received the highest score in the Multi-Tenant Whole Building (Design) category – making Vari the first company in Texas to receive recognition in the category.

CORTLAND AWARDED BEST IN BUILDING HEALTH BY FITWEL®

Retrieved on: 
Thursday, March 23, 2023
Partnership, Built environment, Multimedia, CDC, Sustainability, CFAD-FM, ESG, Health, McFadden, Commercial property, Risk management

ATLANTA, March 23, 2023 /PRNewswire/ -- Cortland, a vertically integrated, multifamily real estate investment, development, and management company, has been named a Best in Building Health award recipient for 2022. Best in Building Health honors best-in-class real estate companies and individuals who are leading the healthy building movement by example, leveraging Fitwel's data-driven, scalable technology platform to set the bar for excellence in building health.

Key Points: 
  • ATLANTA, March 23, 2023 /PRNewswire/ -- Cortland , a vertically integrated, multifamily real estate investment, development, and management company, has been named a Best in Building Health award recipient for 2022.
  • Best in Building Health honors best-in-class real estate companies and individuals who are leading the healthy building movement by example, leveraging Fitwel's data-driven, scalable technology platform to set the bar for excellence in building health.
  • In addition to companies, Best in Building Health spotlights individuals from Fitwel's global community of 3,800+ Ambassadors- made up of architects, sustainability professionals, engineers, and designers- for their efforts in high-scoring healthy building certifications, among other achievements.
  • Fitwel awarded Cortland the distinction of having the greatest impact on viral response with the largest number of viral response-approved assets.

Global Real Estate Industry Leaders are Prioritizing Health as a Core Business Strategy

Retrieved on: 
Thursday, March 23, 2023
Partnership, Investment, Partner, Harrison Street station, Built environment, Health, Recognition, Clarion Partners, Certification, CDC, Lendlease, Nuveen, Sustainability, CFAD-FM, ESG, Benchmarking, Safety, Risk management, Renewable energy, Nursing, Security (finance), Asset management

NEW YORK, March 23, 2023 /PRNewswire/ -- Today, Fitwel unveiled the 2023 Best in Building Health awards, its annual list of the top global real estate companies and individuals who are leading the healthy building movement by example, leveraging Fitwel's data-driven, scalable certification platform to set the bar for excellence in building health.

Key Points: 
  • The Fitwel Platform integrates asset and portfolio-level benchmarking, a streamlined healthy building certification process, and "S" focused ESG reporting guidance.
  • "The past few years have been transformational, revealing unprecedented challenges and opportunities for the world, and in particular, the real estate industry," said Joanna Frank, President and CEO of CfAD.
  • Prioritizing health is no longer a reactive market trend – it's an established business imperative."
  • Nuveen has been recognized for leading the industry in advancing ESG through healthy buildings and prioritizing occupant health, safety, and well-being.

Active Design Advisors, Inc., Operator of Fitwel Healthy Building Certification, Announces Strategic Capital Raise from QuadReal Property Group

Retrieved on: 
Wednesday, February 15, 2023
Benchmarking, Coronavirus, General Services Administration, Tenant, GSA, EHS, REIT, Certification, Health, Senior, ESG, Risk, Sustainability, CFAD-FM, Public, Health promotion, Real estate, Management, Fitwell, Adai

NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Active Design Advisors Inc. (Adai), an affiliate of the Center for Active Design (CfAD), the sole operator of Fitwel, today announced a strategic capital investment from QuadReal Property Group (QaudReal), a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Adai will use the investment to further accelerate Fitwel's technology infrastructure for ease of use at an enterprise scale and increase its ability to generate benchmark data to underpin operational value creation — solidifying health promotion interventions as best practices across the real estate sector. Financial terms of the transaction were not disclosed.

Key Points: 
  • NEW YORK, Feb. 15, 2023 /PRNewswire/ -- Active Design Advisors Inc. (Adai), an affiliate of the Center for Active Design (CfAD), the sole operator of Fitwel , today announced a strategic capital investment from QuadReal Property Group (QaudReal), a global real estate investment, operating and development company headquartered in Vancouver, British Columbia.
  • The investment marks another milestone in the strategic relationship between Adai and QuadReal.
  • In June 2022, QuadReal and the Center for Active Design released a benchmarking report, Health Drives Value in Real Estate , which substantiated a direct correlation between implementing health-promoting strategies and real estate value.
  • Fitwel is the future and we're excited to join this strategic group of leading owners and investors," said Jamie Gray-Donald, Senior Vice President, Sustainability & EHS at QuadReal.

Fitwel Publishes Guide to Measuring 'S' -- Revealing Link Between Healthy Building Strategies and Increased ESG Scores & Value

Retrieved on: 
Tuesday, February 7, 2023
Walk Score, Evaluation, Social, Health, IMN, Appraiser, Risk, GSA, Real estate, Workplace, Senior, ESG, Built environment, CDC, CFAD-FM, Policy, Partnership, Air pollution, Social responsibility, Public, Asset, Blog, Property technology, Drive, Insurance, Fitwell

NEW YORK, Feb. 7, 2023 /PRNewswire/ -- Fitwel announced today new insights to support the correlation between implementing health-promoting operational and design strategies and value in real estate, advancing its efforts to quantify ESG from a people-perspective. The announcement comes on the heels of Fitwel's publication of the Guide to Measuring "S", a resource that outlines 5 key areas and metrics for quantifying S in ESG reporting for the real estate industry. The correlation highlights that by using health as the basis to measure and evaluate ESG performance, it is possible to not only increase ESG scores, but also mitigate material risk and increase value at the asset and entity levels – all while improving occupant health.

Key Points: 
  • With global ESG-aligned assets on track to exceed $50 trillion by 2025, third-party healthy building certification systems like Fitwel will increasingly be relied upon for tracking and integrating health-related ESG metrics.
  • In the real estate sector, the role of ESG considerations has traditionally focused on structural building risk rather than people-centric risk because it is easier to quantify.
  • Fitwel and its real estate partners see this as a missed opportunity — entities that don't focus on optimizing the health of the occupants' risk undermining investment performance.
  • The Fitwel Platform integrates asset- and entity-level benchmarking, a streamlined healthy building certification process, and is also currently building out "S" focused ESG data insights for leading global real estate companies.

Active Design Advisors, Inc. Announces Strategic Capital Raise Led by RET Ventures with Kilroy Realty

Retrieved on: 
Tuesday, October 11, 2022
Risk management, CDC, Owner-operator, Meta, Tenant, Housing, CFAD-FM, ESG, Sustainability, Gensler, Research, Program, Dow Jones, Coronavirus, REIT, Pacific Northwest, Technology, Senior, San Francisco Bay Area, Industry, Health, CEO, Awareness, Boston Properties, RET, Nike, CRE, Creativity, General Services Administration, Center, Solution, Strategy, Management, Adai, Oracle, Fitwell

NEW YORK, Oct. 11, 2022 /PRNewswire/ -- Active Design Advisors Inc. (Adai), an affiliate of the Center for Active Design (CfAD), the sole operator of Fitwel, today announced a strategic capital investment led by RET Ventures, a leading real estate technology fund focused on building cutting-edge proptech companies for the multifamily industry. Additional investment comes from Kilroy Realty, a nationally recognized commercial real estate leader committed to sustainability and health & wellness. RET's investment comes from the RET Ventures ESG Fund (the "Housing Impact Fund"), which was raised primarily from multifamily owners, as ESG takes root in the multifamily sector.

Key Points: 
  • Additional investment comes from Kilroy Realty , a nationally recognized commercial real estate leader committed to sustainability and health & wellness.
  • RET's investment comes from the RET Ventures ESG Fund (the "Housing Impact Fund"), which was raised primarily from multifamily owners, as ESG takes root in the multifamily sector.
  • Adai's strategic raise positions them as an industry partner across real estate asset classes.
  • The Center for Active Design (CfAD), a global not-for-profit organization, maintains the Fitwel standard and conducts objective third-party assessments that lead to certified projects.