SUSTAINABILITY INITIATIVE

About CREFC’s Sustainability Initiative

CREFC launched its Sustainability Initiative (SI) in early 2021, focused largely on the intersection between climate risk and CRE finance. 150+ members across three subcommittees: Education, Transparency, and Advocacy seek to:
  • Source and provide robust educational resources that frame the issue for the Commercial Real Estate sector;
  • Promote transparency by encouraging relevant reporting standards and best practices;
  • Advocate for productive partnerships with government and other organizations; and
  • Foster financing solutions that enhance both the public good and the liquidity of the CRE finance market

In order to ensure that our SI prioritizes the sustainability topics most important to our membership, we have conducted three member-wide surveys.
Please contact Sairah Burki, CREFC Managing Director, Regulatory Affairs & Sustainability, or Kevin Fagan, Senior Director, Head of CRE Economic Analysis, with any questions.

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ESG trends in the commercial real estate finance industry

CREFC launched its Sustainability Initiative in early 2021, working with over 150 members on important panels and webinars, regulatory proposals and dialogue with policymakers, and climate data reporting. Through this process, CREFC recognized the need for a robust and unbiased Sustainability monitoring system that would allow our industry partners to track the fast-paced and complex nature of the Sustainability landscape in the U.S. today. To this end, CREFC has partnered with Oxford Analytica to design a Strategic Issues Monitor (SIM), a benchmark that will allow organizations to identify, assess, and track the macro Sustainability trends that will have the most impact on the U.S. commercial real estate finance industry and our members over the next three years.

This baseline report serves as the foundation for ongoing monitoring. Every six months, CREFC and Oxford Analytica will provide an update on new developments and their implications for the trends enumerated in the baseline report.

 
         
June 2023
December 2023
 June 2024
January 2025 
 
               
     
              
     

 

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