Performance Monitoring Lags Behind Policy Statements

The article discusses the results of a survey conducted by building management software provider Planon on environmental, social, and governance (ESG) trends in commercial real estate and facilities management. The survey found that more than half of the respondents have ESG commitment targets, but only a third have a plan and strategic process for monitoring performance and outcomes. The priority for environmental concerns was on resource efficiency, value and supply chain, and transportation while social priorities were focused on health and safety and comfort. Governance priorities were more varied but focused on compliance, carbon performance, project management, and disclosure. The article also provides information on available software platforms for ESG reporting and managing environmental and climate risk data. The survey provides insight into the key areas of focus and investment for ESG software and data collection.