ESG Is Also a Good Idea for Saving Money

In a previous conversation with GlobeSt.com, 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 discussed how building systems fall down on tracking ESG data. And that ESG data is critical for CRE.

“ESG is largely driven by investors or your business partners,” according to Alexander. “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.”