A variety of options are on the table for REIT sustainability reporting.
Sustainability Advisor Sees Consolidation of Standards in Next Few Years
Sunil Misser, CEO of AccountAbility, joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
AccountAbility is a global research standards and advisory services organization that focuses exclusively on sustainability.
Misser noted that one of the dominant trends he is seeing within sustainability today is the issue of reporting and disclosure.
EY Partner: Slow Progress Toward Global Convergence on Accounting Standards
Serena Wolfe, partner at professional services firm EY, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
Wolfe commented on the possibility of reaching global convergence on accounting standards.
“We as a firm are fully supportive of a single set of high-quality financial standards that are applied globally,” she said. “I think we are moving towards that.”