Juwai IQI Launches Carbon Emissions Calculator

November 8, 2022
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The pan-Asian real estate marketplace business Juwai IQI is to introduce a carbon emissions calculator into its Atlas agent mobile application.

Iqi Carbon Foot Print Calculator 4 E1667897541604Announced during the COP27 climate conference in Egypt, the calculator will initially be available to Juwai IQI's 30,000 agents across a network spanning 20 countries and subsequently rolled out to listings on the company's own portals and third-party listings sites.

"We want to empower consumers with a greater awareness of their climate impacts and the ability to reduce their water and energy bills. Developers are rapidly moving towards more sustainable construction, but there are no good tools to communicate the benefits of new green buildings to potential buyers.
Our new carbon emissions calculator is the next step for Juwai IQI after our commitment in May 2021 to achieve net zero emissions and carbon neutral certification from 2030," said Juwai IQI co-founder and CEO, Kashif Ansari.

The technology is currently in development with a spokesperson telling Online Marketplaces that it is expected to start rolling out next year.

Based on data from sourced from different national authorities, industry bodies, and academic sources, the calculator will be a small illustrated section of each listing with a carbon footprint score. There will also be information about the "likely lifestyle-related carbon footprints" of the people who live in each property based on distances to amenities.

"We already provide buyers with a mortgage calculator, and it won't be long before the climate emissions calculator is just as important to buyers," continued Ansari.

According to Juwai IQI the premium that buyers pay for green homes is significant with the company's figures suggesting that it amounts to a difference of $8.5k in Kuala Lumpur and Bangkok and $13.5k in Ho Chi Minh City.

Formed through the merger of Juwai and Malaysia-based IQI in 2019, Juwai IQI operates an end-to-end real estate marketplace targeting Asian buyers and operates Juwai.com (a global property portal available in Chinese) and Juwai.asia (Asia-wide portal for global real estate).

The company claims to have transacted more than 31,000 properties in 2021 and advertise US$4 trillion worth of property from 111 countries around the world.

November 8, 2022
Edmund got to know the world of portals and marketplaces working at Mitula Group (which became Lifull Connect after the buyout in 2018). He worked directly with hundreds of portals across the world in his role in the content department for three and a half years before transferring to the SEO department to understand the inner workings of listings sites. He joined Online Marketplaces as Head of Content in March 2020.

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