edyfi: Turning Portfolio Data into Decisions

edyfi now has real, ground-level visibility across nearly half of Greenman OPEN’s portfolio – and is on track for full coverage by the end of the year.

edyfi is rolling out sensors across OPEN’s properties to replace estimates with measured, verifiable data. That rollout is already live at 42 of OPEN’s 90 properties, capturing energy consumption everywhere it’s installed, alongside footfall, PV generation and EV usage data at the sites where that infrastructure exists.

The timing matters. On 3 July, the European Commission adopted revised sustainability reporting standards intended to cut the administrative burden on businesses without lowering the bar on disclosure quality. That only works if the underlying data is real, and it’s exactly what this build-out is designed to provide.

That visibility is already paying off. Comparing energy consumption against carbon intensity across the portfolio, edyfi has identified that 51 of OPEN’s 90 properties currently sit in the higher-intensity quadrant. Grocery-anchored properties – the largest part of OPEN’s portfolio – are inherently more energy- and carbon-intensive than most other retail categories, largely due to continuous refrigeration and the cooling load it creates. That context matters, but it doesn’t discount the finding: it’s a clear, evidenced priority list for where efficiency investment should be targeted first.

By the end of the year, that same level of visibility will extend across the entire portfolio – giving OPEN a complete, property-by-property picture to work from, and the evidenced foundation behind its Article 9 reporting and its pathway to net zero.

Important Note
This update is for information purposes only. Shareholders in Greenman OPEN are not required to act upon any of the information contained in this update.

This update also includes current and historic information. Historic data and therefore past performance is not a good predictor of future performance.

Nothing in this update should be considered as investment advice or as a recommendation to invest.

Further Information
If you would like further information, please feel free to contact our investor’s team at enquiry@greenman.com