The past decade has seen a significant shift towards the mainstreaming of ESG (environmental, social and governance) issues into investment decision making. Milestones such as the global ratification of the Paris accord; the widespread take up of the UN Principles for Responsible Investment; the integration of the UN Sustainable Development Goals; and recommendations from Taskforce for Climate Related Financial Disclosure, have all played a key part in embedding sustainable thinking into global investment activity.
Blueprints for an ethical approach
ESG credentials are now an integral part of any effective commercial real estate debt strategy, explains Richard Hamilton-Grey, sustainability manager of TH Real Estate.