With EU and UK regulators and the market are accelerating their focus on ESG climate-related disclosures in commercial real estate, the authors suggest solutions to be prioritised by fund managers and regulators.
They advocate for a dynamic, consensus-focused engagement between industry and regulators that dovetails with regulators flexibly endorsing industry initiatives. Industry collaborating with regulators must recognise the win-win outcome of solving the metrics challenges.
Key COP26 goals include collaboration to deliver net zero: this decade is decisive. Industry must work together with regulators to address the evolving metrics challenges and turn solutions to these challenges into action.