257 views

Lack of data is property leaders' top issue on reaching ESG goals

Global property professionals reveal the most impactful ESG initiatives.

Majority of property professionals worldwide, with 15% coming from Singapore, revealed that headwinds for reaching ESG goals is the lack of data, a CBRE survey showed.

According to the study,  such an issue is true amongst investors, who are focused on determining the most impactful cost benefit for their portfolio.

Almost 70% of respondents said there is an increased focus on ESG strategies in 2022 due to higher energy costs and government-imposed disclosure requirements.

Amongst their priority is reducing energy consumption. CBRE noted that investors and tenants are often willing to pay a premium for buildings with energy-efficient features.

More than 500 commercial real estate professionals globally were interviewed in the survey, with 75 are from Singapore.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.