22 November, 2016 | Tokyo, Japan
On the heels of the historic Paris Climate Agreement to limit global average temperature rise to well below 2°C above pre-industrial levels, expectations are growing for the building industry – which accounts for 40% of global energy consumption and 30% of global emissions – and for real estate investors to take ESG issues into consideration within their decision making processes. UNEP FI’s Property Working Group in cooperation with Royal Institution of Chartered Surveyors (RICS) and Principles for Responsible Investment (PRI) developed a framework for promoting sustainable real estate investments in February 2016. The framework will be introduced in the 3rd Symposium of Japan Sustainable Building Consortium and experts from sustainable property managers, investors, investment advisors and consultants will explore how to scale up sustainable real estate investments in Japan.