ECE Group Partners with Alasco to Streamline Sustainability Reporting

Alasco, a leading solution for financial and sustainability management, partners with ECE Marketplaces, the European market leader in the shopping centre sector, to develop ESG data management and reporting processes for ECE’s extensive retail portfolio.

ECE Marketplaces is Europe’s leading service provider for the management of shopping centres. As part of the ECE Group, which operates in the real estate and investment sectors, it brings extensive expertise and 60 years of experience in the professional operation, marketing, and ongoing development of shopping centres into vibrant marketplaces and attractive urban districts. Across Europe, ECE Marketplaces manages around 130 shopping centres with approximately 20,000 shops, covering a retail space of roughly 7 million m², as well as around 130 associated car parks.

Alasco is an integrated financial management and sustainability solution for real estate, seamlessly integrating financial management and ESG criteria to protect exit liquidity across assets and portfolios. Its platform covers financial controlling, including CapEx management, and a powerful ESG data management and optimisation solution.

The new partnership follows ECE’s strategy to make its entire shopping centre portfolio climate-neutral by 2045. By 2030, CO₂ emissions are to be reduced by 40% compared to 2019 levels. With this ambitious goal, ECE is setting new standards in sustainability management and positioning itself as a pioneer in future-proof real estate development.

“ESG is essential to our future operations. Within the framework of our sustainability strategy, we have developed standards and concrete solutions that will help make the properties we manage fit for the future and contribute to meeting European climate targets. Partnering with Alasco helps us progress on our sustainability journey. Alasco stood out due to their ability to provide not just a powerful technical solution, but also the integrity, trust, and reliability we sought in a partner”, stated Maria Hill, Director Sustainability & Corporate Communications, ECE Group Services.

ECE chose Alasco due to its technical expertise, collaborative product development, and strong customer focus. Another decisive factor was the new Data Copilot module, which enables efficient collection and standardisation of ESG data for reports such as the CSRD through smart workflows. With Alasco, ECE is implementing a scalable ESG management solution that allows for automated real-time reporting. These reports not only meet the growing demands of investors for transparency and traceability but also ensure compliance with complex ESG regulations. At the same time, the solution significantly reduces manual effort and minimises risks in data validation and reporting.

The partnership between ECE and Alasco reflects a shared commitment to innovation, integrity, and driving value for stakeholders. ECE’s adoption of Alasco demonstrates the transformative potential of centralized ESG solutions in the real estate sector.

“We are proud to support ECE Marketplaces in achieving their ESG goals and look forward to a long-lasting partnership. Right now, CSRD reporting is upon us and I am proud to say our Data Copilot module is designed specifically for quick, disclosure-ready data collection. Beyond that, this partnership is a step forward for fulfilling our vision – embedding sustainability criteria into the financial performance of large real estate companies and helping them manage their CapEx investments, so that the protection of the environment becomes a reality”, said Benjamin Günther, CEO and co-founder at Alasco.

About Alasco

Alasco is the only integrated financial management and sustainability solution for real estate, seamlessly embedding ESG management to protect exit liquidity and increase assets under management (AUM). 

Alasco is used by more than 300 Real Estate Companies across Europe – such as OFFICEFIRST, Patrizia, Hines and JLL.

With rapid time-to-value, the Alasco platform unites asset managers, sustainability leads, finance professionals and project developers around a single source of truth, helping them execute on their business plans by aligning financial performance with sustainability goals.

For more information on Alasco and its solutions, visit www.alasco.com