REITs & Sustainability

Nareit works to encourage the development and adoption of ESG (environmental, social and governance) best practices in REIT-based real estate investment.

Real Estate Sustainability Council (RESC)

Nareit’s Real Estate Sustainability Council (RESC) was created in October 2016 to help guide Nareit's ESG efforts and priorities.

The RESC currently consists of more than 30 actively participating Nareit corporate member sustainability thought leaders—representing all REIT sectors—with a mission to help shape and lead the REIT industry as it continues to address a variety of complex ESG issues. One to two employees of Nareit corporate members are welcome to represent their organizations as RESC members. Most RESC members hold sustainability titles, however, operations, public relations and investment relations professionals are also eligible to become RESC members.

The RESC typically meets three times a year, in January, July and November during Nareit’s ESG Forum. The topics that are discussed during the RESC meetings are based on ESG priorities in the REIT industry, such as investor interest in ESG issues, ESG reporting, the latest sustainability trends and technologies, as well as ESG best practices utilized by Nareit members.

REIT ESG Dashboard

The REIT ESG Dashboard was launched on Jan. 23, 2018 during Nareit’s ESG Forum in Seattle, Washington. The dashboard communicates the collective impact and progress of sustainability efforts by U.S. equity REITs. View the dashboard.

ESG Forum

The ESG Forum (formerly known as Leader in the Light) is a hands-on collaborative workshop that provides Nareit corporate members the opportunity to advance the sustainability conversation and to better understand leading sustainability practices among their peers.

Leader in the Light Awards

Nareit's annual Leader in the Light Awards honor Nareit member companies that have demonstrated superior and sustained sustainability practices.

The Leader in the Light Awards are presented to REITs in eight property sectors: Diversified; Global, (non-U.S.-based companies); Health Care; Industrial; Lodging/Resorts; Office; Residential; and Retail.

JumpStart Initiative (ESG Education and Tools)

Nareit’s JumpStart program was initiated at the 2017 Leader in the Light Working Forum. The goal of this real estate sustainability/ESG education initiative is to provide guidance to Nareit corporate member companies that are either just starting a sustainability program or looking to further develop their existing program. This initiative aims to:
 

  • Simplify the understanding of sustainability/ESG planning, implementation and reporting by Nareit member REITs and real estate companies by providing how-to guides, videos, templates and case studies.
  • Facilitate mentorship from experienced REIT/real estate sustainability leaders.
  • Build efficiencies with respect to the time, effort and resources needed by Nareit member REITs and real estate companies that are either just starting a sustainability program or looking to further develop their existing program.

Latest Sustainability News

  • Nareit Developments blog
    12/5/2018

    FTSE EPRA Nareit Green Indexes Launched

    Indexes are a sustainability-focused extension to FTSE EPRA Nareit Global Real Estate Index Series.  
  • Nareit Developments blog
    11/12/2018

    Nareit Hosts REESA Meeting

    The Real Estate Equity Securitization Alliance met in San Francisco in conjunction with REITworld 2018.
  • Nareit Media Blog
    11/8/2018

    Nareit Names Leader In The Light Award Winners

    Awards recognize Nareit member REITs for achievement in sustainability.
  • News Article
    11/7/2018

    REITs Find Value in Sustainability

    Panelists from Vornado Realty Trust, Kilroy Realty Corp., and Host Hotels & Resorts discussed ESG in the REIT industry at REITworld 2018’s opening session.
  • Nareit Developments blog
    11/2/2018

    Registration for Nareit's ESG Forum 2019 is Now Open

    The ESG Forum will take place Jan. 31-Feb. 1, 2019, with two optional pre-forum workshops—the JumpStart Workshop and the Sustainability Leadership Workshop—held on Jan. 30, 2019.

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