NEW YORK–ESG–Environmental, Social and Governance—has evolved over the years. Many industries have embraced it; some politicians have decried it as anti-free market.
Tag: ESG
Cushman: Now is the Time to Fight Climate Change
As sea levels rise, the reality of climate change’s impact on the commercial real estate industry is becoming clearer, reported Cushman & Wakefield, Chicago.
May 24-25: MBA CREF Climate Risk and ESG Roundtable
Join MBA and NYU on May 24th and 25th in New York City for MBA’s CREF Climate Risk & ESG Roundtable. The Roundtable will include industry-leading speakers and practitioners discussing …
CONVERGENCE: Deciphering ESG in Affordable Multifamily Lending March 30
About the EventEnvironmental, Social and Governance multifamily lending programs continue to be a hot topic in the housing ecosystem. Despite pressure from regulators, stakeholders, and investors, MBA believes ESG is …
#MBACREF23: ESG in CRE ‘Doing Better, Tracking Better’
SAN DIEGO–A recent Bloomberg article reported ESG (Environmental, Social and Governance) investment assets under management could grow to $52 trillion by 2025. But what exactly is ESG?
MISMO Seeks Public Comment on Commercial Green Borrower Questionnaire
MISMO®, the real estate finance industry standards organization, seeks public comment on a standardized questionnaire for borrowers to answer when applying for a commercial mortgage loan.
Quote
“The way the world is going is that if you’re an asset owner or a firm raising capital or seeking loans, you need to be attuned to these [environmental, social and governance reporting] trends.”
–Lisa Brylowski, Global ESG Coordinator and Vice President with Brookfield Asset Management, Toronto.
Trepp: Europe Leads U.S. in ESG Adoption
Environmental, Social and Governance criteria are now incorporated into corporate strategies worldwide. But the United States is falling behind Europe in the investment of ESG commercial mortgage-backed securities deals, said Trepp, New York.
ESG and its Impacts on CRE
Environmental, Social and Governance criteria is an investment strategy focused on making the world a better place. This is not a new idea; versions of sustainable investing trends have emerged in the past. But the explosive growth and rapidly increasing capital allocation toward “ESG” friendly assets is unprecedented.
Next Week: ESG 101: How ESG is Changing Commercial Real Estate Webinar
ESG (environmental, social and governance) is a key – and growing – factor in the allocation of investment dollars and is playing an ever more important role in commercial and multifamily real estate finance. Join MBA Education and industry professionals Oct. 12 from 3:00-4:00 PM ET for a detailed overview of ESG, how it factors into real estate finance and how companies are harnessing (and managing) it.