Sustainability

Duane Desiderio says the U.S. real estate sector is more unified than other industries on climate measurement standards.

REIT is initially dedicating over 8 million square feet of rooftop space in Maryland, New Jersey, Illinois.

Deloitte’s Lauren Pesa said Scope 1 and 2 will inevitably be included in the SEC climate rule and REITs can prepare for that now.

IMT’s Marla Thalheimer says green leases are an important tool for companies to meet ESG goals.

The Clean Energy Buyers Association’s Kevin Hagen says that much of the negative impact of carbon in real estate comes from electricity, so energy efficiency and access to clean energy are key.

The RMR Group’s John Forester said the company examines its emissions, green leases, and flood data on a quarterly basis as well.

Vornado’s Lauren Moss says landlords only drive about 35% of energy use in any given building.

Realty Income’s Chris Laz says the goal over time is to replace estimations with actual data.

Global Strategy Group’s Matt Canter also says companies should stop using the term ESG.