🌱 ESG in Private Real Estate
Environmental, Social, and Governance (ESG) rapidly evolved within the private real estate sector. Firms are navigating a complex landscape shaped by internal priorities and external pressures such as:
- Firm size and structure
- Investment style and strategy
- Performance goals
- Local, federal, and international regulations
- Shifting social and economic dynamics
While numerous ESG frameworks and guidelines exist, few are tailored to the unique needs of private real estate. This leaves many firms seeking scalable, practical guidance that aligns with both investor expectations and their own ESG goals.
🔍 The Challenge
The ESG reporting ecosystem is crowded with initiatives—some complementary, others overlapping or even conflicting. As a result, investment managers often face uncertainty when trying to:
- Integrate ESG into their operations
- Meet diverse investor reporting requirements
- Align with global best practices
📊 ESG KPIs: The Metrics That Matter
Published: May 5, 2022
We’ve identified and prioritized a scalable set of ESG Key Performance Indicators (KPIs) tailored for the real estate industry. These KPIs are designed to support both investment managers and investors in their ESG reporting efforts.
- Derived from a wide range of ESG questions found in industry benchmarks and due diligence questionnaires
- Prioritized based on relevance, clarity, and scalability
- Developed with broad industry input prior to publication
📘 ESG Principles of Reporting for Private Real Estate
Published: October 1, 2021
This foundational document outlines scalable best practice principles for ESG due diligence and ongoing investor reporting. It applies to both real estate firms and the investment vehicles they manage or sponsor.
These principles aim to:
- Foster meaningful ESG dialogue between investors and managers
- Provide a consistent reporting framework across the investment lifecycle
- Enable evaluation of ESG performance at both the firm and vehicle level
Accomplishments to Date
- ESG KPIs – the metrics for ESG you should prioritize May 5, 2022
- ESG Principles of Reporting for Private Real Estate October 1, 2021
Articles
- Pragmatic ESG: Playing Offense and Defense
- Tackling ESG: Scalable and Concise reporting principles to navigate information overload
ESG Collaborators












