皇家华人

Following the听insightful discussions at COP26 and making sure that discussion of sustainability continues,听Dr Armando Castro, Dr Maria Gradillas and Dr Rossella Salandra have prepared a听report exploring the voluntary adoption of ESG standards in the real estate sector. The real estate sector has recently been in the spotlight on account of its trend in increasing carbon emissions,听which in 2019 were the highest ever recorded.

The听report explores how and why firms in this sector that are interested in monitoring and improving their听environmental and social impact adopt these standards. It also听analyses the trend of how this adoption has evolved by the key players in the real estate industry. Finally, they听provide recommendations for industry professionals听and future researchers interested in the adoption of voluntary ESG standards in听the real estate industry.

This report was supported by the Higher Education Innovation Fund (HEIF) and听UCL Innovation and Enterprise听and data analysed was shared by GRESB, an organisation that has a Global ESG benchmark Research England.听

Dr Armando Castro comments:听鈥淐OP26 provided an听important forum for countries to pledge emission cuts and to discuss how to deal with the climate crisis. However it is also important to think about how private actors can voluntarily contribute to this fight.鈥�

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