Course Description:
The last five years have seen environment, social and governance (ESG) issues move away from niche or philanthropic initiatives on the part of stakeholders towards core investment goals. Originally considered as a tool to appraise the behaviour of companies, the role of ESG issues in real estate is now beginning to be recognised, particularly given that the longer-term perspective of investment property means that this asset class is likely to be more at risk from such factors, factors not limited to financial performance, but have wider societal implications as well.
How these issues translate into maintaining and creating value is emerging as a paramount concern to the industry.
This one-day course will introduce ESG’s main themes and how they relate to the built environment together with their impact on the role of the valuer. Furthermore, it will look at the views of various stakeholders including developers, financing institutions and investors. The main rating certifications will be covered in addition to their uses and constraints.
This course will be of interest to real estate professionals, in particular valuers, but finance and investment professionals will also benefit.
Methodology:
Each session comprises classroom teaching combined with interactive group exercises and discussions, often accompanied by a case study.