MISMO Publishes ESG Reference Materials

MISMO, the real estate finance industry’s standards organization, published a package of new reference material designed to identify environmental, social and governance data elements that could be leveraged by lenders, investors, and trading partners. 

The environmental, social, and governance (ESG) strategy is a way for investors to align investment decisions with their goals and values. In the context of housing finance, ESG investing can be used to support the development and financing of housing that is sustainable, socially responsible, or beneficial, and governed in a transparent and accountable manner.

MISMO’s ESG Community of Practice gained input from ESG thought leaders who collaborated to create the reference material which includes:

• Implementation Considerations document: provides an overview of the process to create the Reference Guide, Use Cases, and Disclosure/legal considerations
• E and S Reference Guide: list of terms, mapping to our framework, and rational for consideration using the term to be considered S or E.

MISMO’s work to solve key business challenges is made possible by its members, champions, sponsors, and lender support through the Innovation Investment Fee. Visit MISMO.org to learn how you can get involved.