In a Business Mark interview, Răzvan Nica, CEO & Founder of CarbonTool, explains why ignoring carbon data in the next 2–3 years means progressive exclusion from financing, transactions, and institutional portfolios.

The conversation around carbon reporting in real estate has shifted from forward-looking to urgent. In a recent in-depth interview with Business Mark, Răzvan Nica laid out precisely what is at stake and why technology is now the infrastructure that makes or breaks asset value.

 

 

The cost of ignoring carbon data

 

Lenders want to manage risk and prefer assets they can support over time. Without demonstrable carbon performance, access to both green and conventional financing closes becomes more expensive or harder to secure. ESG due diligence is already standard practice for investment funds. A portfolio without emissions data cannot be assessed according to institutional buyers' expectations, which translates directly into price reductions or exclusion from acquisition processes.

 

 

From static reports to continuous management

 

The problem CarbonTool was built to solve is not a lack of data, it is fragmentation. Data exists within organisations, dispersed across invoices, ERP systems, technical departments, energy reports and separate files. Collecting and processing it to obtain a coherent picture of the carbon footprint involves significant, repetitive effort that is hard to standardise.

A digital platform transforms this fragmented, manual process into a continuous performance management system. For investors, an asset that comes with a clear data infrastructure, comprised of real consumption figures, trends over time, reduction scenarios, alignment with internationally recognised methodologies, is easier to evaluate and to include in an institutional portfolio and easier to finance.

 

 

Technology as a greenwashing antidote

 

When performance is measured continuously with real, verifiable data comparable across years, narratives without substance become evident. A report based on real operational data is fundamentally different from one based on estimates or statements of intent. This traceability is one of the most important contributions of digitalisation to real estate and it marks the shift from narrative to evidence.

 

 

What investors look for in 2026

 

In 2026, a digital emissions management platform has become an indicator of operational seriousness and maturity. Investors are no longer satisfied with static data or annual reports. They seek traceability, continuity and the ability to demonstrate performance in real time.

The buildings that will remain relevant are those that can demonstrate, at any moment, that they perform and that they adapt. Technology is the infrastructure on which this demonstration becomes possible.

 

 

Banks and the risk equation

 

The shift is structural. For international institutional investors, green certifications are a standard criterion for analysing risk and asset value. Energy performance, exposure to climate risks, and alignment with the EU Taxonomy are already part of due diligence. The question is no longer whether you have a certification, it is whether you can demonstrate performance on an ongoing basis.

 

Read the full interview: https://business-mark.ro/interviu-cu-razvan-nica-ceo-co-fondator-buildgreen-ignorarea-raportarii-de-carbon-in-urmatorii-2-3-ani-inseamna-excludere-progresiva-din-finantare-din-tranzactii-si-din-portofoliile-inst/