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What Makes A Smart Sustainable Technology? with Sonu Panda & Becca Rushin

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Oct 25, 2022

Summary: In the
eighth episode of Season 10 of the Propcast, host Louisa Dickins is
joined by
Sonu Panda, the CEO of Prescriptive Data and Becca Rushin, the Director of ESG at Jamestown. Becca and Sonu discuss challenges in the
industry including the impact of the current geopolitical climate
and whether this will slow down the journey to net zero.

Becca and Sonu share their
career journeys to ESG and technology. In this episode you’ll hear
Sonu explain more about script data and how it improves
sustainability in buildings. Becca talks about Jamestown’s
sustainability and social responsibility initiatives and shares
information on their green program and charitable
foundation.

The key takeaway from this
episode is that people want to work in healthy buildings and
environments, however, achieving carbon neutrality through offsets
is not enough. Instead, true science based approaches are what’s
needed to tackle the bigger issue of climate change.


Resources:

Companies Mentioned:

 

Shout Outs:

 

Key Insights From This Episode:  

  • So much of what we do is a function of the deep
    thoughts that our customers have and the feedback that we receive.
    – Sonu
  • I think the holy grail for a tech company is to
    find some sort of portfolio deployment that works for every single
    asset, everyone wants that package deal. – Becca
  • I see a more widespread recognition that
    climate change is real, that achieving carbon neutrality through
    offsets is not enough, and that true science based approaches are
    what’s called for – Sonu
  • One thing that is really important about our
    portfolio is that it is very diverse, we don’t own glass office
    towers, we have a lot of special snowflakes. – Becca
  • People want to work in healthy buildings and
    environments, these are the things that people are paying attention
    to, it’s the new employee value proposition. – Louisa

 

About Our Guests:

Sonu Panda: 

Sonu Panda is the CEO of Prescriptive Data, a privately-held SaaS company focused on the
intersection of the Internet of Things, big data, and machine
learning as applied to built environments of all types. Sonu
develops and executes Prescriptive Data’s business and technology
strategy, and oversees all functions within the company, including
sales, business development, marketing, customer onboarding and
success, engineering, talent management, finance and administrative
operations. Prior to Prescriptive Data, Panda most recently served
as the co-founder and COO of H.Bloom, a B2B marketplace company,
where he developed the company’s operational model, established
both product/technology development and process engineering efforts
and managed day-to-day business operations. 

 

Becca Rushin:

Becca Rushin the Director of ESG at Jamestown. She leads environmental, social and
governance (ESG) initiatives through the Jamestown Green program
and the Jamestown Charitable Foundation. Prior to joining Jamestown
in 2012, Ms Rushin worked as a local government consultant for
Clark Patterson Lee, where she served as Community Development
Coordinator and Sustainability Commission Staff Liaison for the
City of Dunwoody. She is a Certified Energy Manager (CEM) and holds
a LEED AP O+M credential. Ms Rushin is an active volunteer with the
Urban Land Institute, the US Green Building Council, and Community
Farmers Markets. She holds a Bachelor of Arts in Spanish and
Environmental Policy from Sewanee: the University of the South and
a Master of Science in Sustainable Development: Environmental
Policy and Management from Utrecht University.

 

About Jamestown:

Jamestown is a global, design-focused real estate
investment and management firm with a 38-year track record and
mission to create places that inspire. Since its founding in 1983,
Jamestown has executed transactions in excess of $35 billion. As of
June 30, 2022, Jamestown has assets under management of $13.1
billion and a portfolio spanning key markets throughout the U.S.,
Latin America, and Europe. Jamestown employs more than 400 people
worldwide with headquarters in Atlanta and Cologne, and offices in
Amsterdam, Bogotá, Boston, London, Los Angeles, Madrid, Milan, New
York, San Francisco, and Washington. Current and previous projects
include One Times Square and Chelsea Market in New York, Industry
City in Brooklyn, Ponce City Market in Atlanta, Ghirardelli Square
in San Francisco, the Innovation and Design Building in Boston, and
Groot Handelsgebouw in Rotterdam. For more information,
visit
www.jamestownLP.com.

 

About Prescriptive Data:  

Prescriptive Data is the creator of Nantum OS, an award-winning
platform optimising building’s operational performance while saving
energy, reducing carbon emissions, and lowering costs without
sacrificing occupant health or comfort. Combining historical data
with predictive analysis and real-time occupancy, Nantum OS enables
buildings to hit their ESG goals.


https://twitter.com/prescriptivedat

https://www.facebook.com/prescriptivedata

About Our Host

Louisa Dickins

Louisa is the co-founder of LMRE, which has rapidly
become the market leading global PropTech recruitment platform and
search consultancy with operations across North America, United
Kingdom, Europe and Asia-Pacific.

To promote the industry she is
so passionate about, Louisa set up the Global podcast


‘The Propcast’
where she
hosts and invites guests from the built environment space to join
her in conversation about innovation.


About LMRE

LMRE is globally recognised for leading the way in
Real Estate Tech & Innovation talent management.

From the outset our vision was
to become a global provider of the very best strategic talent to
the most innovative organisations in PropTech, ConTech, Smart
Buildings, ESG, Sustainability and Strategic Consulting.

At LMRE we are fully committed
at all times to exceed the expectations of our candidates and
clients by providing the very best advice and by unlocking
exclusive opportunities across our global network in the UK,
Europe, North America and Asia-Pacific.

 

Timestamps:

[2:43] Becca: How did you get to
become in the ESG space at Jamestown and how do you know
Sonu?

  • I learnt about sustainability whilst I was
    studying environmental policy, from there I decided to go to the
    Netherlands to study sustainable development.
  • Over the last ten years I have focused on
    putting systems into place that have evolved from the benchmarking
    of monthly utility performance to more robust energy management
    platforms.
  • I first heard about Prescriptive Data through a
    friend of mine that worked there. I then sat on a panel with Sonu
    and listened to John Gilbert from Rudin talk about the evolution of
    the Nantum platform.

[5:41] Sonu: How did you become
CEO of Prescriptive Data and can you tell us more about the
product?

  • I have always been in the enterprise software
    business, when I had my son I started thinking about how I can work
    in a field that is fundamentally important to the world and what
    will have an impact, this led me to meeting Rudin
    Management.
  • Prescriptive Data started as a project within
    the Rudin Management portfolio, we are now entirely independent.
    Our original premise was the idea that commercial offices exist to
    provide productive and comfortable workplaces, a big part of that
    is indoor air quality and thermal comfort.
  • We used occupancy sensors so we could learn the
    rhythms of the building and correlate with the technology
    controlling the air quality in the buildings. This was the
    beginning of the Nantum OS.

[12:33] Becca: Can you talk us
through Jamestown’s initiatives, what your strategy is and what
you’re working on at the moment?

  • The Jamestown Green program and the Jamestown
    Charitable Foundation are ultimately about our efforts to reduce
    Jamestown’s impact on the environment and support the communities
    where we own property and where we operate. 
  • The Charitable Foundation was established to
    help host community events that benefit nonprofits. We invest in
    metropolitan centres and then support the nonprofits that make
    those cities more desirable places to work.
  • The Jamestown Green program is for
    sustainability efforts. We look to find management practices and
    initiatives that help increase our net operating income, drive
    financial performance at our assets and make our assets more
    valuable 

[16:45] Becca: Are there any
other companies that you are piloting on the portfolio that are
helping to reduce emissions more specific to ESG?

  •  I’ve been focused on first just having a
    system in place, and over the last couple of years focusing more on
    the quality of the platform and matching specific tech solutions
    and providers with a specific type of asset.
  • We have partnered with a company called Carbon
    Lighthouse, they identify energy saving products that the team then
    implements. They help back up those projections with their energy
    models and monitor the projects so they stay in place over the long
    term.

[19:22] Sonu: What is the main
challenge you face in the industry?

  • Everybody is worried about the geopolitical
    situation, however I try not to think about it, largely because
    there is so much momentum around sustainability.
  • I see a more widespread recognition that
    climate change is real, that achieving carbon neutrality through
    offsets is not enough and that true science based approaches are
    what’s called for.

 

L – Touch on
the main 
lessons you have learnt throughout your
career.

Sonu – The RHINO principle, keep
your eye on the prize, there is an impact to be made, we are doing
really important work and we must stay focused on it.

M – Please give
a
 mention to anyone / product / service.

Becca –  I think that part
of the reason that I’ve been successful is because I’ve been
relentless about networking and finding partnerships.

R – What has
been the most  
rewarding  aspect of working in PropTech?

Sonu: The fact that we are
working on something that is a shared concern and if we resolve it
will be a shared benefit.

E – What are
you 
excited about in the future of
PropTech? 

Sonu answered earlier in the
show: I’m excited about the transition towards net zero I’ve
witnessed in the last six months. I think it’s a great opportunity
because people have realised something needs to be done.

 

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