EVORA Global: Comprehensive Company Profile
Background
Overview
EVORA Global is an award-winning sustainability consultancy and software provider specializing in real asset investments. Established in 2011, the company offers expert guidance, managed services, and data-driven solutions to help real asset investors, owners, and operators mitigate sustainability risks, enhance asset value, and safeguard market reputation.
Mission and Vision
EVORA's mission is to establish trusted data from meter to portfolio, seamlessly connected to insights and expertise, enabling investors to surface and mitigate sustainability risks, enhance financial performance, and increase returns. Their vision is to drive sustainability for real assets through economic impact.
Industry Significance
Operating within the real estate and technology sectors, EVORA Global has become a key player in promoting sustainability in real asset investments. The company supports over 250 clients worldwide, representing $880 billion in assets under management, including leading firms such as Tishman Speyer, Ares Management, and Hines.
Key Strategic Focus
Core Objectives
- Sustainability Risk Mitigation: Assist clients in identifying, assessing, and mitigating sustainability risks to protect asset value and ensure long-term growth.
- Integrated Sustainability Strategy & Reporting: Embed sustainability into investment strategies, improve asset resilience, and enhance financial performance.
- Software & Data Solutions: Automate sustainability data collection, reporting, and compliance tracking with powerful analytics and reporting tools.
Areas of Specialization
- Net Zero and Decarbonisation Strategy
- Sustainable Finance and Climate Risk
- Sustainability and Impact Reporting
- Health, Wellbeing, and Social Value
- Data Management, Analytics, and Software
Key Technologies Utilized
- SIERA Software: A proprietary data management platform that delivers market-leading data accuracy and actionable insights, empowering clients to make informed decisions, meet regulatory requirements, and create long-term value across the investment lifecycle.
Primary Markets Targeted
- Real Estate Investment Firms
- Asset Managers
- Property Owners and Operators
- Infrastructure Investment Firms
Financials and Funding
Funding History
In October 2022, EVORA Global secured substantial backing from international investors in a funding round led by Bridges Fund Management, a specialist sustainable and impact investor. The investment also included support from MSCI and Farview Equity, each taking a seat on the EVORA board. This funding aims to expand EVORA's offering to support clients globally and further develop its technology platform.
Total Funds Raised
The exact total funds raised by EVORA Global are not publicly disclosed.
Notable Investors
- Bridges Fund Management
- MSCI
- Farview Equity
Utilization of Capital
The capital is intended to support the expansion of EVORA's technology platform and enhance its ability to support clients globally in achieving their sustainability goals.
Pipeline Development
Key Pipeline Candidates
As a consultancy and software provider, EVORA Global's pipeline focuses on developing and enhancing its SIERA platform and expanding its service offerings to meet the evolving needs of clients in sustainability and ESG reporting.
Stages of Development
- SIERA Software: Continuous development to integrate new features and capabilities, ensuring it remains a leading tool for sustainability data management in real assets.
- Service Expansion: Ongoing efforts to broaden consulting services in areas such as sustainable finance, climate risk management, and ESG reporting.
Target Conditions
- Real Estate Sustainability
- Climate Risk Assessment
- ESG Compliance and Reporting
Anticipated Milestones
- Global Expansion: Establishing a presence in new markets, including North America and Asia, to support a broader client base.
- Product Enhancements: Regular updates to the SIERA platform to incorporate emerging sustainability metrics and regulatory requirements.
Technological Platform and Innovation
Proprietary Technologies
- SIERA Software: A comprehensive data management platform that automates sustainability data collection, reporting, and compliance tracking, providing clients with actionable insights to drive better decisions and stronger sustainability performance.
Significant Scientific Methods
- Data Analytics: Utilizing advanced analytics to interpret complex sustainability data, enabling clients to make informed, data-driven decisions.
- Climate Risk Modeling: Assessing physical climate risks to inform investment strategies and enhance asset resilience.
Leadership Team
Key Executives
- Chris Bennett: Founder and Board Member. Chris co-founded EVORA Global in 2011, bringing a vision to accelerate the evolution of real asset sustainability.
- Paul Sutcliffe: Founder and Director. Paul co-founded EVORA Global, contributing to its growth and strategic direction.
- Pradeep Menon: CEO. Pradeep leads EVORA Global, overseeing operations and strategic initiatives.
Leadership Changes
Specific details regarding recent leadership changes are not publicly disclosed.
Competitor Profile
Market Insights and Dynamics
The market for sustainability consulting in real assets is growing rapidly, driven by increasing regulatory requirements and a heightened focus on environmental, social, and governance (ESG) factors. Companies like EVORA Global are well-positioned to capitalize on this trend by offering specialized services and technology solutions.
Competitor Analysis
- Brite Green: Specializes in sustainable strategy consulting, focusing on helping organizations integrate sustainability into their business models.
- ESG PRO: Provides ESG consulting services, assisting companies in developing and implementing ESG strategies.
- GEP Environmental: Offers environmental consulting services, including sustainability assessments and compliance support.
Strategic Collaborations and Partnerships
EVORA Global has formed strategic partnerships to enhance its service offerings:
- Moody's ESG Solutions Group: Integrated Moody's Climate on Demand risk analytics into EVORA's SIERA platform, providing clients with insights into physical climate risks.
- Paia Consulting: Partnered to expand EVORA's presence in the Asia-Pacific region, offering ESG data and consultancy services.
Operational Insights
Strategic Considerations
EVORA Global's strategic focus on integrating sustainability into real asset investments positions it as a leader in the market. The company's proprietary SIERA platform offers a competitive advantage by providing comprehensive data management and analytics capabilities.
Competitive Advantages
- Comprehensive Service Offering: Combines consulting expertise with advanced software solutions to address the full spectrum of sustainability challenges in real assets.
- Global Reach: Presence in multiple regions, including Europe, North America, and Asia, enabling support for a diverse client base.
Strategic Opportunities and Future Directions
Strategic Roadmap
- Global Expansion: Continue to establish a presence in new markets to support a broader client base.
- Product Development: Enhance the SIERA platform to incorporate emerging sustainability metrics and regulatory requirements.
- Service Diversification: Expand consulting services to address evolving client needs in sustainable finance and climate risk management.
Future Business Directions
EVORA Global aims to solidify its position as a leading provider of sustainability solutions for real asset investments by leveraging its expertise, technology, and strategic partnerships.
Contact Information
- Official Website: evoraglobal.com
- Social Media Profiles:
- LinkedIn: EVORA Global LinkedIn
- Twitter: @evoraglobal
- Facebook: EVORA Global Facebook
- Headquarters Location: London, United Kingdom