Sunny Misser, CEO of AccountAbility, a global consulting and standards firm, recently visited Nareit’s headquarters in Washington, D.C. for a video interview.
Misser offered a high level view of ESG trends and developments, including his thoughts about ESG standards and metrics.
Consolidation and standardization of ESG standards has already happened, Misser noted. Meanwhile, “ESG metrics will not be used just to report and disclose a company’s financial health, but more importantly predict it,” he added.
Misser also discussed seven sustainability trends that will shape business in 2023 and beyond. Those include:
- Navigating the net zero landscape. “It’s going to be more about action and less about big statements.”
- Stakeholder activism is getting louder. “Investors are seeing an opportunity to apply ESG pressure on issues that they feel matter to the long-term health, resilience, and viability of an enterprise—and they’re not going to let their foot off that pedal.”
- Geopolitics will be the new ‘G’ in ESG.
- The importance of building an effective, future-focused board.
- Next generation ESG reporting and disclosure matters.
- The radical transformation of supply chains.
- Nature-based reporting will drive valuations.