The drive to promote ESG and sustainability imperatives in commercial real estate (CRE) is a growing trend for the sector. Over the past year alone, we’ve seen a surge of interest in ESG reporting from investors and lenders. Given this growing interest, and the associated opportunities for investors, we’re likely to see a lot more movement in this area in years to come. For CRE professionals, these factors, along with the underlying sustainability imperative, make ESG an area we can’t afford to ignore as we head into 2023. Given that most were first-time participants, it’s also likely that many of these companies will be aiming to up their scores in the coming years. Worth noting is that the US “registered the highest progress in terms of number of new participants (78 new participants reaching 380 total in 2022). ”