Co-ordinated real estate investment voice
Intervention point
A co-ordinated voice for the investment community would accelerate the green transition of the real estate sector. It would contribute to the scaling up of initiatives and create a more unified approach.
Current situation
Real estate owners and managers are ultimately responsible for emissions from their assets. Accountability is likely to tighten as more regulations intended to speed up decarbonisation of the built environment come into force. To be able to achieve net zero, owners and managers need the entire value chain to contribute through skills, knowledge, resources, tools, and innovations.
While the wider investment community has embraced initiatives to address climate change, this overall institutional push towards responsible investing disaggregates when it comes to real estate. The United Nations Principles of Responsible Investment (UNPRI) and the the Institutional Investors Group on Climate Change (IIGCC) both cover property as part of their remit. There remains, however, a need to strengthen a co-ordinated real estate investment voice.
This is a near-term priority for the ULI C Change programme. Its ethos is collaboration not competition, both for the programme itself and its relationships. It is actively exploring ways to bring both influential industry participants and industry associations together.
How to get involved
Participate in the ULI C Change programme which is prioritising a co-ordinated investment voice as one its early intervention points.
Follow the work of the European Real Estate Forum.
Participate in the work of the IIGCC including its property working group. https://www.iigcc.org.
Interested in finding out more? Click here to download the full technical briefing.
Not yet a ULI member? Click here to join.
Last updated: July 2023
Connected interventions
