Real estate investors failing to take ‘basic steps’ to address climate change
"Given the size of this sector, we need managers to step up and take responsibility for their impacts."
Despite rising climate risks to their portfolios, real estate investment managers fall short on actions to tackle the crisis, according to new research by ShareAction.
The organisation, which campaigns for responsible investment, ranked 16 real estate investment managers on 12 key standards for climate action – including net zero targets, decarbonisation strategies and public disclosures.