SYDNEY, AUSTRALIA, July 31, 2019 – Two of Australia’s most influential leaders in sustainable commercial real estate, Bruce Precious and Paul Wall, have joined Envizi’s advisory board.
Bruce Precious, who concluded his 10-year tenure as GPT’s National Manager of Sustainability and Property Services in spring of last year, and Paul Wall, who moved on from Dexus as Head of Group Sustainability and Energy earlier this year, both bring deep knowledge in assimilating sustainability initiatives and day-to-day building operations to drive commercial success and globally leading ESG performance.
The move comes as Envizi, a data and analytics software vendor that helps organizations optimize their energy, sustainability and asset performance, continues its expansion into the global commercial real estate market. Precious and Wall will help to evolve Envizi’s product offering for building optimization and sustainability reporting, to inform global go-to-market strategy and to bring the lessons learned in the Australian commercial real estate market to the rest of the world.
Precious and Wall, both former chairs of the Better Building Partnership, have been influential in shaping the Australian commercial property sector, which has outperformed all other regions globally in GRESB sustainability leaders for the past eight years and, more recently, has delivered more signatories to the World Green Building Council’s NetZero commitment than any other region.
Under Wall’s stewardship, Dexus has consistently ranked as a GRESB sustainability leader, achieving the number one position for global listed office property and third for all participants in the 2017 GRESB sustainability rankings.
“Now is an exciting time to be in the property technology sector,” said Wall. “We’ve seen that building operations and sustainability go hand in hand, and having actionable insight into both building operations and enterprise sustainability performance has been essential for leaders in the property sector to build and execute an effective sustainability strategy from the ground up.”
Over the past decade, GPT frequently placed first or second in the Dow Jones Sustainability Index under Bruce Precious’ leadership, with notable energy reductions on a per square metre basis by 40 per cent, and greenhouse emissions by 58 per cent.
“The Australian commercial property sector has demonstrated that through collaboration, governance and accurate measurement, we can set a global standard for building performance,” said Precious. “I look forward to working with Envizi to enable others in the global commercial real estate sector to achieve more robust sustainability outcomes.”
GPT Wholesale Office Fund and Dexus have pledged to achieve net zero emissions by 2020 and 2030, respectively, and both use the Envizi platform to underpin their sustainability and energy performance management.
“Bruce Precious and Paul Wall’s contributions to GPT, Dexus and the larger Australian commercial property industry have been invaluable,” said Envizi CEO and Co-founder David Solsky. “We look forward to leveraging our shared history and knowledge to expand Envizi’s global growth opportunity, and share what we’ve learned in Australia with both maturing markets such as the US, UK, and Europe and emerging markets like Asia and South America.”
Envizi is a market leader in data and analytics software. We put data to work, delivering the insights you need to optimize resource use across your buildings and business. We help build sustainable businesses that are fit for the future, and have a proven track record across more than 160 enterprise clients whose operations span over 160,000 locations in 112 countries. More information at www.envizi.com.
Tamara Robinson, General Manager, Marketing at Envizi
P +61 2 9209 4300