Benchmarking Real Estate Investment PerformanceCitation formats

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Benchmarking Real Estate Investment Performance : The Role of ESG Factors (July 2020) Summary Report. / Newell, Graeme; Moss, Alex; Nanda, Anupam.

IPF Research Programme, 2020. 20 p.

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@book{64cb0f46d6d74e98a0dce9c9b7ed880a,
title = "Benchmarking Real Estate Investment Performance: The Role of ESG Factors (July 2020) Summary Report",
abstract = "This summary report provides details of the key issues from the research report on Benchmarking Real EstateInvestment Performance: The Role of ESG Factors. This is an increasingly important area for all players in the realestate investment space, as ESG takes on more significance globally and, specifically, in real estate.Environmental, Social and Governance issues (“ESG”) have increased in importance in the real estate industryover the last five years, dating back originally to the 2015 Paris Agreement. This project specifically examinedissues around ESG benchmarking in real estate investment. Using 60 stakeholder interviews with key playersglobally, the use of ESG benchmarking in real estate was assessed at various levels (delivery, reporting and internalbenchmarking), and across different types of asset owner (listed company, pension fund and asset manager).In particular, the authors examined the adequacy of existing ESG benchmarks in real estate in measuring specificfactors such as climate resilience, climate change risk, zero-carbon targets, supply chain risk, wellness, diversityand governance issues. Based on the interview responses, they have identified areas for improvement in currentbenchmark practices. They anticipate that increased technology and data, coupled with user demand will leadto the development of a range of new ESG benchmarks in real estate performance measurement. It is likely thatthese benchmarks will focus more fully on assessing performance, outcomes and impacts at a more granularlevel. This will also produce a fuller range of ESG metrics, particularly in the currently under-represented social (S)dimension of ESG, as stakeholders more effectively assess issues such as community impact.",
author = "Graeme Newell and Alex Moss and Anupam Nanda",
year = "2020",
month = jul,
day = "31",
language = "English",
publisher = "IPF Research Programme",
address = "United Kingdom",

}

RIS

TY - BOOK

T1 - Benchmarking Real Estate Investment Performance

T2 - The Role of ESG Factors (July 2020) Summary Report

AU - Newell, Graeme

AU - Moss, Alex

AU - Nanda, Anupam

PY - 2020/7/31

Y1 - 2020/7/31

N2 - This summary report provides details of the key issues from the research report on Benchmarking Real EstateInvestment Performance: The Role of ESG Factors. This is an increasingly important area for all players in the realestate investment space, as ESG takes on more significance globally and, specifically, in real estate.Environmental, Social and Governance issues (“ESG”) have increased in importance in the real estate industryover the last five years, dating back originally to the 2015 Paris Agreement. This project specifically examinedissues around ESG benchmarking in real estate investment. Using 60 stakeholder interviews with key playersglobally, the use of ESG benchmarking in real estate was assessed at various levels (delivery, reporting and internalbenchmarking), and across different types of asset owner (listed company, pension fund and asset manager).In particular, the authors examined the adequacy of existing ESG benchmarks in real estate in measuring specificfactors such as climate resilience, climate change risk, zero-carbon targets, supply chain risk, wellness, diversityand governance issues. Based on the interview responses, they have identified areas for improvement in currentbenchmark practices. They anticipate that increased technology and data, coupled with user demand will leadto the development of a range of new ESG benchmarks in real estate performance measurement. It is likely thatthese benchmarks will focus more fully on assessing performance, outcomes and impacts at a more granularlevel. This will also produce a fuller range of ESG metrics, particularly in the currently under-represented social (S)dimension of ESG, as stakeholders more effectively assess issues such as community impact.

AB - This summary report provides details of the key issues from the research report on Benchmarking Real EstateInvestment Performance: The Role of ESG Factors. This is an increasingly important area for all players in the realestate investment space, as ESG takes on more significance globally and, specifically, in real estate.Environmental, Social and Governance issues (“ESG”) have increased in importance in the real estate industryover the last five years, dating back originally to the 2015 Paris Agreement. This project specifically examinedissues around ESG benchmarking in real estate investment. Using 60 stakeholder interviews with key playersglobally, the use of ESG benchmarking in real estate was assessed at various levels (delivery, reporting and internalbenchmarking), and across different types of asset owner (listed company, pension fund and asset manager).In particular, the authors examined the adequacy of existing ESG benchmarks in real estate in measuring specificfactors such as climate resilience, climate change risk, zero-carbon targets, supply chain risk, wellness, diversityand governance issues. Based on the interview responses, they have identified areas for improvement in currentbenchmark practices. They anticipate that increased technology and data, coupled with user demand will leadto the development of a range of new ESG benchmarks in real estate performance measurement. It is likely thatthese benchmarks will focus more fully on assessing performance, outcomes and impacts at a more granularlevel. This will also produce a fuller range of ESG metrics, particularly in the currently under-represented social (S)dimension of ESG, as stakeholders more effectively assess issues such as community impact.

M3 - Commissioned report

BT - Benchmarking Real Estate Investment Performance

PB - IPF Research Programme

ER -