ESG — environmental, social, and governance concerns — has become an important set of issues for commercial real estate owners, investors, and developers. And it takes technology to gather and manage the data that is necessary, as Sudhi Sinha UL’s vice president for Ecosystems and Service Development, and Lauren Alexander, an ESG program manager with UL’s ESG Advisory and Assurance Team, recently told

“ESG is largely driven by investors or your business partners,” Alexander says. “It’s driven by regulation and legislation as well as society as a whole. So, when we’re working with our clients in real estate, they’re largely concerned with what investors want to know. And investors want to know how your real estate portfolio is performing in comparison to your competitors in comparison to their other portfolios they’re invested in.” In addition, “we have all these local municipalities requiring you to submit benchmarking data on energy and water consumption at buildings, the SEC’s proposed climate disclosures.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erik Sherman



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.