REITs are embedding ESG into corporate strategies, business operations and talent management practices, according to the latest research from Nareit.

REITs and publicly traded real estate companies are increasingly enhancing ESG data and disclosure, strengthening board oversight of ESG, implementing programs that prioritize the health and wellness of stakeholders, and putting in place climate mitigation and adaptation strategies to reduce carbon emissions while increasing resiliency, Nareit says.

"The REIT and publicly traded real estate industry is committed to implementing innovative and impactful ESG practices," said Nareit President and CEO Steven A. Wechsler. "This report demonstrates the progress our industry has made in owning and operating real estate responsibly, planning and practicing for resilience, and placing a premium on the people who are key to the success of these efforts."