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Using AI to Unlock Building Upgrade Opportunities

Sustainability Leaders · 2026-06-16 · 25 min

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Episode notes

Most building upgrades and retrofits stall not because of technology or economics but because owners lack clear data on their buildings, delaying decisions and raising costs. In this episode of Sustainability Leaders, Michael Torrance, Chief Sustainability Officer at BMO, speaks with Brodie Boland, Co‑Founder and CEO of Upgraid, about how better data and analytics can accelerate building upgrades and unlock emissions reductions. Boland explains why the market for building upgrades remains highly manual and inefficient, despite widely available and cost‑effective technologies such as heat pumps, lighting upgrades, and automation systems. The conversation explores how Upgraid uses machine learning and large datasets - from satellite imagery to permitting records - to create a detailed view of building systems and identify where upgrades make economic sense. Visit BMO for more thought leadership from Michael Torrance: Michael Torrance Learn more about the financial performance of green and climate-aligned buildings: Banking on Buildings: Green and Climate-Aligned Real Estate Performance

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