Few REITs are investing in green buildings despite stakeholder pressure, according to S&P Global Market Intelligence.
Only 7% of US REITs reported a strong green building investment program, while 20% reported having some kind of program. Another 27% indicated limited activities, while 46% have not disclosed any program at all, a recent article by S&P divulges.
As of October, 17% of US REITs have portfolios where 50% or more of their properties are green. Twenty-five percent have portfolios where at least 25% of properties are considered green, according to Sustainalytics BV, Morningstar's ESG-focused data company.
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