Sustainability Street: The Rapidly Rising Role of ESG

For CRE investors, an understanding of environmental, social and governance considerations has quickly gone from a nice-to-have to a must-have, according to Uma Moriarity, global ESG lead for CenterSquare Investment Management. And that will only intensify given mounting regulation and the increasing frequency of extreme weather events. Welcome back to Sustainability Street, our podcast on the intersection of commercial real estate and the world we live in. In my latest episode, Moriarity and I discuss the drivers that make having an ESG strategy compulsory rather than voluntary, and how her firm tracks and manages these factors in its listed and private real estate investments. Here's a sample of the topics covered: Who is CenterSquare? (1:42) ESG data and global REIT investment (3:10) Influencing impacts on the private side (6:53) Is ESG one thing or three separate things? (10:28) Rising insurance costs and due diligence (15:52) Regulatory pressures on the horizon(19:32)