Competition in the commercial and industrial landscape is rife. Overall 2020 was a very rough year for both tenants and landlords. Unfortunately many businesses closed, inherently meaning less rent paid. Commercial real estate in cities initially took a huge hit, but is on the rebound. As we attempt to push past COVID-19 there are things commercial real estate owners can do to increase the values of their properties.
Before the global pandemic swept through and halted operations of businesses the world over, we were all dealing with a different kind of pandemic. However, global warming as a result of the ozone layer depletion is a menace that, if unchecked, will wreak havoc on a larger scale. Which is why the SEC is looking into potential new rules for ESG compliance.
Environmental, Social, and Corporate Governance (ESG) criteria are an essential requirement for every business in 2021 as world deals with a different kind of pandemic. The CO2 emission kind. Which is why focusing on ESG reporting can be an important business decision.
Hiring an expense consultant can help improve your company’s bottom line, but you likely have questions about the process. Learn about hiring one here.