When We ESG We Begin With Property Resilience Assessment
Join us for a moderated discussion as the CRE industry prepares for economic recovery and addresses building occupancy in a post-COVID era, while being held accountable to the goals of the Climate Mobilization Act (LL97). A panel of experts will cover Local Law 97, its pressures on buildings and portfolios, and the financial vehicle that accompanied its legislation, PACE financing, which recently opened in the NYC market with an $89 million transaction for 111 Wall St.
Let’s Start at the Very Beginning: When We ESG We Begin with PRA (Property Resilience Assessment)
Standardized and clear information and data are critical for CRE’s successful transition to increased sustainability. Join our expert panelists to learn more about the development of climate risk and resilience standards across all CRE property types. A new ASTM standard for climate risk and resilience, expected to be completed next year, should facilitate the ESG transition. Our panelists will share the evolving work related to building resilience, assessment of site-specific vulnerabilities, and the types of climate hazards reflected in these standards – and how developing a “common language” can help all transaction parties communicate and understand a property’s key climate characteristics. Our panelists will also discuss how these assessments are currently being used by equity investors, and potential implications for the commercial real estate finance space.
Moderator:
Sairah Burki, Managing Director, Regulatory Affairs, CRE Finance Council
Panelists:
Kevin Fagan, Head of CRE Analytics, Moody’s
Holly Neber, Chief Executive Officer, AEI Consultants
Michael Newman, Senior Director, Law and Public Policy, Insurance Institute for Business & Home Safety
Valerie Sheaffer, Special Counsel, Kelley Drye & Warren LLP
Damian Wach, AIA, LEED AP BD+C, Vice President, PGIM Real Estate
Hosted By:
CREFC's Sustainability Initiative
Date:
Tuesday, December 7th
2:00pm - 3:00pm ET
Registration Rates:
Complimentary - Members
$25 - Non-Members