Globally Environmental Social and Governance factors are having a growing impact on how we invest, as asset managers, we now must go beyond just considering the short-term bottom line.
The Real Estate sector has also made a shift in how their operations making a strong push to a sustainable future. “Environmental Social and Governance” (ESG) is now catching up with “Location, Location, Location”. Our developed environment is crucial to everyday life and has resulted for the most part in well-governed real estate businesses, however, environmental and social factors have not always been considered. Professional services firm PWC thinks that needs to change, saying “sophisticated approach to ESG practices can be critical”, in their annual Emerging Trends in Real Estate report. Read more here: www.goodreturns.co.nz