Greenhouse gas and carbon emissions reporting for corporations is only getting more demanding because of demands from investors and national regulators. And when tenants need accurate data, CRE property owners had better produce.
But an ongoing experience by CalSTRS — the California State Teachers' Retirement System, which is the largest teachers' retirement fund and second-largest pension in the U.S. — shows how tricky this could become.
The organization noted on May 1 that it was facing "challenges" in trying to calculate its emissions.
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.