Let’s Start at the Very Beginning: When We ESG We Begin with PRA (Property Resiliency Assessment)

Kelley Drye’s Real Estate special counsel Valerie Sheaffer will be a guest panelist on CREFC’s Sustainability Initiative Program: Let’s Start at the Very Beginning: When We ESG We Begin with PRA.

Valerie will be joined by panelists from other companies including AEI Consultants, Moody’s, and Insurance Institute for Business & Home Safety to discuss the new ASTM standard for climate risk and resilience, that is expected to roll out early next year impacting all CRE property types.

Hosted by CREFC’s Sustainability Initiative and moderated by Sairah Burki, Managing Director, Regulatory Affairs, CRE Finance Council, this program will cover:

• The evolving work related to building resilience, assessment of site-specific vulnerabilities;

• The types of climate hazards reflected in these standards and how developing a ​“common language” can help all transaction parties communicate and understand a property’s key climate characteristics;

• How these assessments are currently being used by equity investors, and potential implications for the commercial real estate finance space.

Click here for more information and to register.