3 Australian impact startups named in real estate industry-backed global challenge to improve ESG

Three Australian startups have been chosen among a dozen companies to be part of the RealTechX ESG Impact program.  

Insect-based organic waste management startup Bardee; accessibility solution for people with a disability, BindiMaps; and construction site environmental monitoring venture SiteHive will be among the 12 startups in the Taronga Ventures-backed program.

ESG Impact received more than 220 applications from 30 countries for the program. The program will support the startups to drive environmental, social and governance (ESG)  innovation through the built environment sector. 

The program is backed by the world’s leading real estate groups, including APG, CapitaLand, CBRE, Dexus, and International Towers, and participating  technology companies will work closely with Taronga Ventures and ESG Impact program partners to drive better ESG outcomes. 

ESG Impact Program Director Julian Kezelman said the 12 participants were selected based on the ESG priorities of corporate partners as a representation of global industry dynamics, with a strong focus on ESG reporting, carbon & energy  management, climate risk, waste management, data management, and wellbeing, health & safety.  

“ESG has become the primary motivation for  real estate corporates to adopt emerging technologies. Sustainability leaders have made significant progress on their ESG agendas over recent years and are now seeking innovations that will continue to move the needle on ESG performance,” he said.

“ESG Impact aims to bring global solutions to our corporate  partners to implement into their assets and projects to drive measurable impact.” 

Taronga Ventures is Asia’s leading technology and innovation investor focused on the real estate sector and the wider built environment.

The 12 companies in ESG Impact 2022 are:  

Alvéole (Canada): Urban beehives to track and boost biodiversity and engage occupants

Ampd Energy (Hong Kong): Industrial scale batteries to replace diesel generators on construction sites

Bardee (Aus): Organic waste management solution using insects to create agricultural products

BindiMaps (Aus): Accessible wayfinding solution for people with disabilities

CarbonCure (Canada): CO2 usage technology to reduce the carbon intensity of concrete production

Globechain (UK): Construction and fitout waste marketplace connecting corporates with NGOs

Measurabl (US): ESG reporting software for commercial real estate

One Concern (US): Software platform to model climate risks and improve asset resilience

SiteHive (Aus): Real-time environmental monitoring and management on construction sites

Social Value Portal (UK): Social value measurement, management and reporting software
platform

 uHoo (Singapore) Indoor air quality monitoring and management with easy to deploy sensors

WiredScore (US): Global standard for digital connectivity and smart buildings