United and green: United Benefits Holding and Rhomberg ventures are launching “United Climate”, a full-service provider for ESG optimization
Comprehensive disclosure requirements, complex ESG standards, rising stranding risks: With property owners and developers facing multiple challenges in the wake of climate change and increasing financial market regulation, United Benefits Holding and Rhomberg ventures, two real estate companies specializing in sustainability, have founded the one-stop solution United Climate. The 50:50 joint venture takes a holistic development approach to existing and new construction projects. United Climate seeks to offer a full range of processes along the entire value chain – from consulting and planning to implementation with directly and indirectly affiliated companies. Its goal is to help other companies optimize their existing and new construction projects in environmental, social and economic terms.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230227005499/en/
Organizational chart of the two founding companies of the joint venture (Graphic: Business Wire)
Michael Klement, CEO of United Benefits Holding: “For years, both companies have shared a common strategy: creating long-term value by applying top sustainability standards. United Climate brings together two strong partners who will apply their know-how for the benefit of investors, the environment and society, and offer not only consulting services but also full implementation.
Hubert Rhomberg, CEO of Rhomberg ventures: “Regulatory requirements and the increasing demand among investors for sustainable projects are a veritable challenge for portfolio owners and new-build developers. We want to help these companies comprehensively optimize their real estate projects and manage ESG risks through our holistic approach and comprehensive ESG expertise. Sustainability should not be a regulatory burden, but an investment in the future that leads to long-term financial benefits.”
Investing sustainably for long-term benefits.
How does the “United Climate + one-stop shop” concept work? United Climate manages the full sequence of activities, from inventory through analysis to strategy planning. As a consulting company, it defines concrete construction measures, including time and cost indications, and then coordinates implementation by affiliated companies, including controlling and reporting. For the client, this ensures that the project is optimized in a uniform and consistent manner. Along with United Climate’s products, the key tools applied are the comprehensive expertise and high standards in the field of digitalization provided by both groups of companies and their subsidiaries. Compliance with the highest ESG standards in new build projects and efficient ESG optimization are achieved by reducing carbon emissions in the design, construction and operation phases. In addition to user-oriented project planning, the construction process is also optimized. This facilitates lower operating costs and higher rental income. Instead of having to accept high losses due to stranded assets, United Climate’s method with its optimal “green” implementation strategy provides the basis for a healthy increase in the value of a property.
Climate risk = financial risk
The new company anticipates an enormous potential because 40 percent of all carbon emissions can be traced back to the activities of the construction industry alone. However, there is frequently a lack of knowledge regarding implementation. “This is the dilemma we intend to resolve. For the companies – and for future generations,” says Klement. The climate crisis has a particularly strong impact on the real estate sector. Since the Paris Agreement (COP21) was concluded in 2015, the framework conditions for the construction industry have been tightened with a view to securing an environmentally friendly future. At present, the EU Taxonomy Regulation, Corporate Social Responsibility (CSR), Corporate Sustainability Reporting Directives (CSRD), Insurance Distribution Directives (IDD) and Markets in Financial Instruments Directives (MIFiD2) determine the legal foundations of the economy and the construction industry. Climate change is creating new valuation scales for the profitability of real assets. Today, climate risk = financial risk. United Climate has worked with its cooperation partners, who are industry pioneers in the field of sustainable real estate development, to develop an efficient “manage to ESG” strategy. Pooling the expertise of United Benefits Holding and Rhomberg ventures has resulted in a holistic one-stop shop that manages long-term value creation for real estate in accordance with strict environmental and climate protection standards, from a single source, for commercial and institutional portfolio owners, foundations and family offices as well as project developers of new buildings, renovations and construction in existing buildings, and investors: United Climate offers a high-performance, comprehensive package for optimizing real estate projects in social, economic and environmental terms.
United Benefits Holding is based in Vienna. It was founded in 2020 after two decades of developing real estate projects. Under the management of CEO Michael Klement, the holding company creates holistic, intelligent concepts for sustainable real estate. The dynamic holding company team develops a shared strategy, shared ESG guidelines and shared goals for the subsidiaries and all areas of activity of the entire Group in the German-speaking world. United Benefits Holding comprises several subsidiaries: project developer Invester, asset manager Ekazent, and investment manager WEALTHCORE with its Green Impact fund series as defined by Article 9 of the EU Disclosure Regulation.
Rhomberg ventures is based in Bregenz. Headed by CEO Taras Rebet, the company addresses global issues and develops sustainable, responsible and economic solutions in the fields of PropTech and ClimateTech. Rhomberg ventures’ solutions include, in particular, the holistic CREE building concept for timber hybrid construction using prefabricated components. It can also be used for other building types. CREE also incorporates detailed considerations of space, waste and resource management. Rhomberg ventures works closely with Rhomberg Group companies such as WoodRocks and Renowate.
About United Benefits Holding
United Benefits Holding is an independent real estate service provider with a holistic approach. In cooperation with its subsidiaries INVESTER United Benefits (Development), EKAZENT Asset Management and WEALTHCORE Investment Management, the Group initiates, develops, realizes and manages real estate investments in the German-speaking market and provides a full range of services and processes along the entire value chain of property investments. In line with the company’s clear ESG strategy, all investments focus on independence, transparency and social justice, as well as on reducing carbon emissions and creating sustainable value. The group employs approximately 90 people and manages a volume of some 1.8 billion euros.
For more information, please see www.ub-holding.com.
About Rhomberg ventures
Rhomberg ventures was founded by Hubert Rhomberg to promote innovations and business ideas that are genuinely sustainable. Genuinely sustainable means meeting environmental and social as well as economic sustainability criteria. The company’s investment activities focus on the three areas of Urban Development, Real Estate and Construction, and Infrastructure and Mobility. They are marketed under “Building. Space. Community”.
For more information, please see www.rhombergventures.com
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230227005499/en/
SCRIVO Public Relations
Agency contacts: Tristan Thaller
Tel: + 49 89 45 23 508 15
United Benefits Holding GmbH
Company contact: Sarah Gallei
Tel: + 43 664 805 33 240
Rhomberg ventures GmbH
Company contact: Mona Egger-Grabher
Tel.: +43 5574 403-2200
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Laserfiche Recognized as a Strong Performer in Independent Analyst Report on Content Platform Providers24.3.2023 21:38:00 EET | Press release
Laserfiche — the leading SaaS provider of intelligent content management and business process automation — has been named a Strong Performer in The Forrester Wave™: Content Platforms, Q1 2023. Laserfiche was one of 13 vendors evaluated on the strength of its strategy and current offering. Laserfiche earned the highest rating possible in seven criteria: Packaged Applications Search Lifecycle Management Developer Resources App Design/Development Tools Commercial Model Intelligent document extraction According to the report, “Laserfiche has successfully transitioned its 30-plus-year track record in content management into a modern SaaS platform with a well-balanced set of services to deliver a very broad range of vertical and horizontal apps. Its product vision focuses on deeper integration of analytics, structured data sources, and AI/ML, prioritized to align to the needs of its well-defined verticals.” The report also states, “Organizations, including larger enterprises, looking for a S
Q4 Inc. Ranks on The Globe and Mail’s Women Lead Here Benchmark of Executive Gender Diversity24.3.2023 16:15:00 EET | Press release
Q4 Inc. (TSX: QFOR) (“Q4” or “the Company”), a leading capital markets communications platform provider, is proud to announce it has been included on The Globe and Mail’s 2023 Report on Business magazine’s Women Lead Here list. This annual editorial benchmark identifies top-notch Canadian businesses with the highest executive gender diversity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230324005019/en/ The Executive Women Leaders of Q4 Inc. - Pictured from left to right are Dorothy Arturi, CPO; Lorie Coulombe, SVP, Marketing & Communications; and Donna de Winter, CFO & COO. (Photo: Business Wire) This benchmark was established in 2020 by Report on Business magazine and applies a proprietary research methodology to determine Canadian corporations with the highest degree of gender diversity among executive ranks. The ranking companies have made tangible and organizational progress related to executive gender parity. “I am
ClickHouse, Inc. and Alibaba Cloud Announce a New Partnership24.3.2023 16:00:00 EET | Press release
Today, ClickHouse, Inc., creators of ClickHouse online analytical processing (OLAP) database, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced a partnership that will enable Alibaba Cloud to offer ClickHouse as an enterprise, first-party service on its platform. This partnership is an exclusive agreement between ClickHouse, Inc. and Alibaba Cloud in mainland China to offer a joint first-party enterprise service in APAC. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230324005222/en/ Aaron Katz, Founder & CEO, ClickHouse, Inc. (Photo: Business Wire) ClickHouse is the world's fastest and most resource-efficient analytical database, and since it was released as an open-source project in 2016, adoption has grown exponentially – globally. Organisations large and small benefit from the blazing fast speed - with peak processing performance for a single query standing at more than two t
Westlake Epoxy Promoting NEW AZURES™ Systems24.3.2023 13:00:00 EET | Press release
Westlake Corporation (NYSE: WLK) today announced that Westlake Epoxy will launch its new AZURES™ product range at the European Coatings Show 2023, to be held in Nuremberg, Germany, March 28 to 30, 2023. Westlake Epoxy’s Azures™ products are newly developed epoxy resins, modifiers and curing agents that are free of any SVHC- and CMR-labelled substances. As such, they provide better sustainable alternatives to existing technologies used in coatings, civil engineering and adhesives while keeping the same level of performance. “This is definitely another important milestone in Westlake Epoxy’s strategy to contribute to a safer and cleaner world,” said Ann Frederix, Vice President, Westlake Epoxy. Recently, Westlake Epoxy’s European business also confirmed its receipt of the 2022 Platinum Medal from EcoVadis, the world’s largest and most trusted provider of business sustainability ratings, and Westlake Epoxy’s Pernis, Netherlands site has successfully passed the audit for its International
Fischbein International and Votech Expand Manufacturing Footprint in Reusel and Announce New Company Name as Votech, a Duravant Company24.3.2023 11:00:00 EET | Press release
Votech announced today the grand opening of their newly expanded manufacturing facility and company headquarters in Reusel, The Netherlands. This marks the completed integration of two renowned leaders in the packaging industry, Fischbein International and Votech, who came together in 2021 through the acquisition of Votech by Duravant, a global engineered equipment and automation solutions provider to the Food Processing, Packaging and Material Handling sectors. The merger brought together 100+ years of packaging expertise and created a portfolio of technologies that expands the company’s ability to serve customers across a wide array of end markets including agriculture, animal nutrition, fruits and vegetables, ingredients, milk powders and other industrials. Alongside this announcement, the company unveiled their new company logo and brand campaign that reflects the organization’s transformation into a full-line packaging equipment provider. “The names Fischbein, Saxon and Votech, al
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom