Building responsible property portfolios – A review of current practice by UNEP FI and PRI signatories

Institutional investors world-wide are being urged to engage with property fund managers to embed the UN-backed Principles for Responsible Investment (PRI) in their decision-making.

The call is being made today by the UNEP FI Property Working Group, amid concern that the property industry is moving far too slowly to address its environmental footprint including greenhouse gas emissions. Pressure will increasingly come to bear on the property industry as a result of the need to address challenges such as climate change with those pioneering improvements likely to see higher rates of return from corporate real estate than laggards in the sector.

These higher rates of return are likely to come from the lower operating costs of environment-friendly buildings and also from tenants willing to pay more for renting ‘sustainable spaces’.

download the report


source : Unpri