CREFC 2022 ESG Survey
6/28/2022 · by CRE Finance Council · Environmental, Social, Governance · Research and Background Documents
The CRE Finance Council (“CREFC”), the industry association that exclusively represents the $5.1 trillion commercial real estate finance industry, today released new data from its 2022 ESG Survey, gauging its members’ sentiment on Environmental, Social and Governance (“ESG”) issues in commercial real estate (“CRE”) finance. The survey reveals that regulatory considerations and investor demand for transparency are increasingly important drivers behind ESG disclosure and reporting frameworks. The findings come as the Securities and Exchange Commission (“SEC”) looks to mandate, for public companies, ESG disclosure frameworks, and has taken a more watchful eye on potentially misleading ESG investment activity.