The Securities and Exchange Commission finally voted into place its long-expected greenhouse gas disclosure rule.
Technology will be key for tracking, analyzing, and reporting emissions. Maybe generative AI programs like ChatGPT — if not for solving the problem, then maybe for contributing to it because of the amount of electrical power the companies running the systems consume.
"Larger commercial real estate companies that are public to start, and the commercial REITs, as well as potentially the REITs that own interest in commercial real estate, whether in CMBS or another format," are likely to be immediately responsible for additional reporting, disclosures, and financial statement requirements, Anna Pinedo, a partner with law firm Mayer Brown, recently told GlobeSt.com.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
