While real estate owners large and small have offered bold promises about reducing carbon emissions, diversifying boards and other initiatives, it is only recently that many of them have begun to share details on just how they plan to achieve those goals. Only now are we beginning to see both concrete plans to reach these often lofty objectives, as well as the methods of reporting they will use to measure their progress. These early returns show there is much to be encouraged about, while also leaving considerable room for concern about whether these measures, focused almost entirely at the property level, will ever have meaningful impact beyond the sum of their various parts.
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