Memo property investors: You have a climate duty
13 May 2016
Emma Herd
Real estate investors now have a fiduciary duty on climate change, say the authors of a new guide on sustainable real estate investment.
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Emma Herd ... clear duty |
“As part of wider efforts to implement the Paris Agreement, every real estate asset owner, investor and stakeholder must now recognise they have a clear fiduciary duty to understand and actively manage environmental, social, governance (ESG) and climate-related risks as a routine component of their business thinking, practices and management processes,” says the
Sustainable Real Estate Investment – Implementing the Paris Climate Agreement: An Action Framework.
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