CoreNet Global is proud to announce the release of Corporate Real Estate 2030, an insider’s look at how the profession will change and what leaders need to know by 2030. For each discipline within corporate real estate (CRE), CoreNet Global makes a series of bold forecasts, and then explains their impact through research interviews with several corporate real estate leaders.

ESG in 2030

As part of CoreNet Global’s comprehensive look at the world of corporate real estate in 2030, several bold forecasts predict what will happen in the area of ESG:

• By 2030, the environmental regulatory frame­work will intensify and buildings/assets negatively impacting society will be closed.

• By 2030, advanced technology tools and other innovations will play an increasingly important role in corporations’ carbon-reduction efforts, and as a result many corporations will be able to reach their net-zero carbon targets by 2040.
• By 2030, all the net-zero and environmental impact data reported by corporations will be audited just as financials are today, and auditing will begin to occur on diversity, equity, and inclusion (DEI) data.
• By 2030, companies will be engaged proactively in many “S” considerations: workforce, supply chain diversity, community impact, invest in local, etc. They will develop metrics to measure their social impact on the communities in which they do busi­ness, and those metrics will be widely reported.
• By 2030, ESG will be disbanded into the component parts of E, S, and G to simplify the conversation around and advancement of each program because the expertise required to advance each is so differ­ent and unique; the consolidated ESG banner in its current state complicates goal advance­ment and weakens the collective importance.
  

Read more about how these trends will make an impact on the practice of corporate real estate in the upcoming weeks or visit the Source app to read the full key findings.