(Featuring Sunil A. Misser, CEO, AccountAbility)

During a time of unprecedented uncertainty and disruption, how should businesses approach the “new metrics of performance?” And what do these metrics mean for the future of ESG in the real estate industry?

https://www.afire.org/podcast/sustainabilitycast02/

We are in a time of unprecedented uncertainty and disruption, as the pandemic, in particular, has posed unique challenges for all businesses for how their employees work, how clients behave, and how supply chains function. Geopolitical, macroeconomic shifts, among other fundamental changes in CRE, will ultimately determine the priorities of institutional investing for the years ahead.

In today’s terms, business performance transcends profits and losses and incorporates a broader focus on “Corporate Purpose.” This shift from shareholder to stakeholder capitalism was asserted through the Business Roundtable’s 2019 statement on the Purpose of a Corporation affirming “the essential role corporations can play in improving our society when CEOs are truly committed to meeting the needs of all stakeholders.” How can businesses use collaboration and connectivity to thrive and adapt in the CRE industry?

Sunil A. Misser, CEO of AccountAbility, talks about the importance of embedding ESG positions into mainstream business strategy, and the need for resilience in a post-COVID industry landscape.