The Securities and Exchange Commission finally voted into place its long-expected greenhouse gas disclosure rule.
Technology will be key for tracking, analyzing, and reporting emissions. Maybe generative AI programs like ChatGPT — if not for solving the problem, then maybe for contributing to it because of the amount of electrical power the companies running the systems consume.
"Larger commercial real estate companies that are public to start, and the commercial REITs, as well as potentially the REITs that own interest in commercial real estate, whether in CMBS or another format," are likely to be immediately responsible for additional reporting, disclosures, and financial statement requirements, Anna Pinedo, a partner with law firm Mayer Brown, recently told GlobeSt.com.
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