Sustainability is rapidly gaining prominence with real estate investors, with some 46 pension funds and insurers having joined the UN-backed Net-Zero Asset Owner Alliance, which involves pledging to transition their portfolios to net-zero greenhouse gas emissions by 2050.
With these mega-investors representing $6.7 trillion in assets under management, Asia’s property sector has fresh incentives for adopting sustainability, with more developers and fund managers pursuing energy efficient projects and implementing green financing programs.
To measure how sustainability initiatives are being put into practice around the region, Mingtiandi surveyed its readers in June to document how real estate companies in Asia Pacific are meeting the sustainability challenge.
The results of the survey form the basis for the Sustainability in Asian Real Estate Report, which is available for download below.
- Over 80% of respondents said that sustainability is an important or top level priority for their organisation.
- 66% of respondents have set sustainability goals in their companies, but only 51% confirmed that these goals were measurable.