RE Tech breaks down who will be impacted by California’s new climate-focused legislation and provides an overview of what is to come once it becomes law. RE Tech breaks down who will be impacted by California’s new climate-focused legislation and provides an overview of what is to come once it becomes law.
ESG AT A TIPPING POINT FOR REAL ESTATE: BACKGROUND, RECENT DEVELOPMENTS, AND ESG TRENDS AND OPPORTUNITIES
RE Tech’s President Deb Cloutier coauthored this article on the ESG landscape around Real Estate which was published in the ALI CLE’s “The Practical Real Estate Lawyer”.
A significant part of what GRESB and other ESG frameworks assess is simply one’s ability to report and organizational willingness to commit resources to the reporting process.
These frameworks measure what policies and activities are in place, and in some cases, broad environmental performance metrics like year over year carbon emissions. These types of reporting scores can provide insight into what you are doing, but they cannot determine if what you are doing is effective…if your strategy is on point. They cannot measure the quality of your thinking. This is where an ESG thesis is critical.
Read the results of RE Tech’s fourth annual ESG Sentiment Survey which illustrate how ESG is both maturing as a key part of real estate investing yet still struggling with many of the same challenges.
This short paper by our client Principal looks at the growing demand by investors for increased transparency and performance on ESG criteria and the ESG regulations impacting U.S. real estate today.
Our client, MetLife, examines how real estate investors are working to achieve carbon neutrality through goals, pledges, and the importance of defining comprehensive scopes and timelines.