ESG at a Tipping Point for Real Estate: Background, Recent Developments, and ESG Trends and Opportunities
Reposted with the permission of ALI CLE's The Practical Real Estate Lawyer.
WHAT IS ESG?
ESG is the now well-known acronym for a framework that focuses stakeholders on environmental, social, and governance risks and opportunities. ESG's origins are in sustainability, with a more recent shift to corporate responsibility (CR) or corporate social responsibility (CSR). It is really over the last couple of years that ESG has firmly taken over as the focus of sustainability in the corporate context.