It's evident that ESG/SRI has consistently become more prominent within investments in the last ten years. It's great to see more social awareness within the resi real estate sector via increases in demand for sustainable property, which corroborates efforts to 'future-proof' investments for future generations.
The international real estate advisor found that ESG strategy has become “more important” or “significantly more important” in the last five years for 85 per cent of survey respondents which included 50 investors, developers and operations people from across all residential investment classes. The survey goes on to show that just 10 per cent of respondents said that their company ESG strategy has stayed the same or become less important over the last 12 months, despite the effects of Covid-19, which had the potential to stall any progress being made. Instead, it appears to have strengthened the majority of companies commitments. This is evident in the results showing that 40 per cent of respondents indicating that their companies have committed to a net-zero strategy.