The Coming U.S. Regulatory Oversight of, and Demand for, Climate Disclosure
Counselors of Real Estate
Regulation and oversight of climate disclosure and related carbon measurement is coming to the U.S. On April 9, 2021, the United States Securities and Exchange Commission (SEC) issued a risk alert cautioning firms that their Environmental, Social, and Governance (ESG) statements will be more heavily scrutinized. Deborah Cloutier, CRE, outlines how evolving ESG strategies may impact commercial real estate globally.1 In the U.S., following the SEC risk statement, President Joe Biden issued an Exec…
