FEATURES
Green Across the Globe
The U.K. and Australian real estate companies were the first to make strides toward green initiatives. However, the United States is taking its cue from its counterparts across the globe in terms of sustainability and energy reduction.
Green Seal of Approval
Since sustainable building design and operation have caught on worldwide, REITs with international portfolios, or even those eyeing international expansion, now face a welter of certification rules and best practices in different parts of the world.
Live Green or Die
Issues like climate change and energy conservation are sure to become hot policy topics in Washington in the next four years. As the environmental debate heats up on the national political scene, will new environmental laws and regulations dramatically affect the way real estate companies do business?
Measure for Measure
Corporate social responsibility provides a new set of disclosure items for green reporting. CSR calls for companies to voluntarily undertake and disclose initiatives relating to environmental, employee and community relations, health and safety, philanthropy, human rights and other aspects of good corporate citizenship beyond the requirements of government regulation. Will more REITs adapt this type of reporting?