Cimdata Logo

Industry Summary Articles

Friday, July 21, 2023

Carbon Title and Procore Join Forces to Mainstream Decarbonization in the Building Industry

Carbon Title, the company dedicated to decarbonizing every building, announced it has joined the Procore App Marketplace. Procore Technologies, Inc. is a leading global provider of construction management software and started the Procore App Marketplace in 2016 as an online hub for third party integrations and applications to support the growing construction ecosystem. The integration will help normalize green building practices across projects and make it easier to amplify their successes, enabling lower-carbon contractors to highlight their competitive advantage in an increasingly climate-conscious market.

Carbon poses both a significant threat and a promising opportunity for contractors today. Companies that embrace lower-carbon strategies stand to gain a substantial competitive advantage, while those who are reluctant risk being left behind. This integration will serve as a catalyst for a race to zero emissions, motivating top contractors worldwide to adopt eco-friendly approaches to future-proof their businesses.

"Our integration into the Procore platform represents a major breakthrough towards weaving carbon reduction into the very DNA of construction management," said Miles Haladay, co-founder of Carbon Title. "By providing radical transparency of carbon emissions across projects, we are ushering in a new era of sustainable construction, where the construction of our homes, hospitals and other structures no longer comes at the expense of our environment."

The built environment contributes 40% of annual global carbon emissions. What's more, we're on a trajectory that falls short of achieving the objectives outlined in the Paris Agreement. In order to mitigate the risk of catastrophic climate change, the integration of Carbon Title into the Procore platform presents a timely solution. Contractors, developers and property owners can now access robust tools to estimate, manage and communicate the carbon impact of their building portfolios. Carbon Title Explorer, a map of estimated carbon emissions of nearly every building in the U.S., provides visibility, raising awareness among the broader public.

"We're inspired by Carbon Title's transformative work to normalize green buildings at scale," said Kris Lengieza, VP of global partnerships & alliances at Procore. "Together we're working to make carbon reduction a standard practice across all building projects. This collaboration represents a significant stride towards a lower carbon future, with tangible benefits for both the industry and our planet."

Search for Procore on CIMdata.com

Search for Carbon Title on CIMdata.com

r
ipad background image

Featured Cimdata Reports

ipadcontent
PLM-Enabled Digital Transformation Benefits Appraisal Guide

The Guide is designed to help potential PLM users evaluate the applicability and payoffs of PLM in their enterprise, and to help existing users of PLM monitor the impact it is having on their product programs.

ipadcontent
Aerospace & Defense PLM Action Group

A CIMdata administered PLM advocacy group for the A&D industry

ipadcontent
PLM Market Analysis Reports

The PLM MAR Series provides detailed information and in-depth analysis on the worldwide PLM market. It contains analyses of major trends and issues, leading PLM providers, revenue analyses for geographical regions and industry sectors, and historical and projected data on market growth.

ipadcontent
PLM Market Analysis Country Reports

These reports offer country-specific analyses of the PLM market. Their focus is on PLM investment and use in industrial markets. Reports cover Brazil, France, Germany, India, Italy, Japan, Russia, South Korea, the United Kingdom, and the United States.

ipadcontent
Simulation & Analysis Market Analysis Report

This report presents CIMdata’s overview of the global simulation and analysis market, one of the fastest growing segments of the overall product lifecycle management market, including profiles of the leading S&A firms.

ipadcontent
CAM Market Analysis Report

CIMdata's definitive guide to the worldwide CAM software and services market. This comprehensive report provides critical intelligence on market size, user expenditures, trends, and segmentation, alongside authoritative rankings of the top CAM solution providers and reseller revenues.