During a time of unprecedented uncertainty and disruption, how should businesses approach the “new metrics of performance?” And what do these metrics mean for the future of ESG in the real estate industry?
We are in a time of unprecedented uncertainty and disruption, as the pandemic, in particular, has posed unique challenges for all businesses for how their employees work, how clients behave, and how supply chains function. Geopolitical, macroeconomic shifts, among other fundamental changes in CRE, will ultimately determine the priorities of institutional investing for the years ahead.
In today’s terms, business performance transcends profits and losses and incorporates a broader focus on “Corporate Purpose.” This shift from shareholder to stakeholder capitalism was asserted through the Business Roundtable’s 2019 statement on the Purpose of a Corporation affirming “the essential role corporations can play in improving our society when CEOs are truly committed to meeting the needs of all stakeholders.” How can businesses use collaboration and connectivity to thrive and adapt in the CRE industry?
On this episode of the AFIRE Podcast—the second of a two-part conversation—Sunil A. Misser, CEO of AccountAbility, talks about the importance of embedding ESG positions into mainstream business strategy, and the need for resilience in a post-COVID industry landscape.
Sunil (Sunny) A. Misser is the Chief Executive Officer of AccountAbility. Prior to joining AccountAbility, Sunil was the Global Managing Partner of the Sustainability Advisory Business at PricewaterhouseCoopers (PwC). Before that, he was Global Strategy Leader for PwC’s Assurance and Business Advisory Services — the firm’s accounting, risk management, and consulting operation. He also served as the New York Metro leader for the Governance, Risk, and Compliance practice.
During his career, Sunil has been a strategic business advisor to CEO’s, Boards, and senior executives at Fortune 500 companies and multi-lateral organizations (MLOs). Sunil has extensive experience working with global clients, developing and implementing solutions in the areas of strategy, structure, process, people, and systems; improving the efficiency and effectiveness of global value chains; designing and implementing enterprise-wide performance improvement solutions; and managing complex business transformations.
His clients have included: Abbott Laboratories, Merck, Pfizer, Bayer, Nestle, Anheuser Busch, UBS, Citigroup, ING, National Commercial Bank (NCB), Saudi Investment Bank, Credit Suisse, Saudi Arabian General Investment Authority, ConocoPhillips, Cinergy Duke, Saudi Aramco, Kodak, Seagram, Microsoft, Mobily, Walmart, Zain, National Institute of Standards and Technology, King Khalid Foundation, World Economic Forum, International Monetary Fund (IMF), and the United Nations.
He holds an M.S. in Management from the Massachusetts Institute of Technology (MIT) – Sloan School of Management, with a concentration in International Business and Technology. He also has an M.S. in Industrial Engineering from Lehigh University and a B.S. in Mechanical Engineering from M.S. University.
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