Sustainability professionals within real estate investment management are adjusting to a changed political and regulatory landscape, evolving industry nomenclature, and shifting market realities, attendees heard at NAREIM’s Sustainability meeting held in Austin this week.
“We have guardrails on terminology,” one participant said. “Banned terms include ‘climate change,’ ‘net zero,’ and ‘DEI+B.’ But we continue to do the work and call it something else, like ‘climate resiliency.’”
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