Environmental, Social and Governance (ESG) criteria are a set of standards for a company’s operations, day to day, that socially aware investors use to check for potential investments. Investment is on the incline in the office sector but will the property industry be prepared to be compliant with the ESG criteria. However, the criteria is not standardised and may delay the current progress the industry needs post COVID. The industry needs to ensure that the information on and benefits of ESG are collected and disseminated by building owners and tenants.
Do you believe that the property industry is ESG ready?