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New SEC Environmental Disclosure Rules Will Hit CRE Surprisingly Hard

Even if CRE businesses aren’t under SEC disclosure requirements, they may be doing business with companies that are, and that’s going to hurt.

By Erik Sherman | March 22, 2022 at 07:40 AM

After years of discussions and hints, the Securities and Exchange Commission finally released its proposed environmental disclosure rule for public company reporting. They include greenhouse gas emissions; how the company governs and manages climate-related risks; actual or likely material impacts on business, strategy, and outlook; financial statement metrics; and information about climate-related goals and any transition plans.

Getting the information and making the determinations will be a challenge for any sized company that comes under the SEC’s purview. But there are significant questions about who is responsible for gathering and reporting information from commercial real estate facilities.

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