ABSTRACT
A new view is emerging, based on a growing awareness among real estate professionals, that social and environmental issues can have significant material consequences for their portfolios. Worsening environmental hazards, tougher government regulations, expanding legal liabilities, increasingly expensive resource and material inputs, shifting consumer behaviour and greater pressure from affected stakeholders are converging to make it financially risky to ignore social, environmental and governance concerns. Likewise, it has become more and more beneficial to address such issues up front when funding new projects.
