ESG in Real Estate: Why it Matters

ESG is increasingly a necessity to any property stakeholder. What exactly is it, and how is it shaping the real estate industry as we know it?

In today’s episode, I sit down with Patty Ng and Rosaline Fu to talk about ESG in real estate. Patty and Rosaline are both professionals experienced in the application of ESG in the property sector, and they will share their insights as industry insiders, including experiences with big clients, and their outlook on what is to come.

What it means to be ESG is a large and complex discussion. In the case of real estate, that’s good news. The more elements of sustainability there are, the more pathways for ESG friendly solutions and applications.

At this moment, the E, or environment, of ESG, is the most emphasized, however, the social and governmental factors are still very important. Real estate companies are increasingly becoming aware that there are more ways to measure success than the finances, and incorporating all elements of the ESG initiatives equally are the best way.

With that said, there is a lot of work to be done in both public and private sectors to incentivize sustainable initiatives. While green buildings are already giving better yields and premiums, government and business group benefits to ESG focused firms would simultaneously drive growth and create a better world.

Stay tuned for our second episode of ESG, where we sit down with two local PropTech leaders, who discuss the implications for ESG in the startup world, and how it is remolding the real estate industry.

▶ About the guests:

Patty is the project lead of the sustainability division at Sedgwick Richardson, a design and sustainability consultancy with a strategic focus on the Asia Pacific region. With over eight years of project management experience, she dedicates her time to contract structuring, scheduling, planning, and management of numerous stakeholders to deliver a seamless project experience for her clients. 

Rosaline is a strategic consulting manager at Colliers, where with a sustainable approach she conducts market research and advisory projects related to retail study, residential development, data centre development, Tso Tong Land and brownfield matters, industrial development and more

▶ Contact the Guests here:

-Rosaline Fu

LinkedIn: https://www.linkedin.com/in/rosaline-fu-877952ab/

Website: https://www.colliers.com/zh-hk/news/success-story-rosaline-fu                            

-Patty Ng:

LinkedIn: https://www.linkedin.com/in/pattyng/

▶ Disclaimer:

This disclaimer informs readers/audience that the views, thoughts, and opinions expressed in the text/video belong solely to the author & participant, and not necessarily to the participant’s employer, organization, committee or other group or individual. As it can be difficult to catch some minor errors, transcripts may contain a few typos or inaccuracies.

Please note the following legal conditions:

Denzity owns the copyright in and to all content in and transcripts of Denzity’s video programs and publications (collectively referred to as “Denzity Materials”, with all rights reserved and its right of publicity.

You are welcome to share the below transcript (up to 500 words but not more) in media articles (e.g., The South China Morning Post, Bloomberg, New York Times), on your website, in a non-commercial article or blog post (e.g., Medium and WordPress), and/or on a personal social media account for non-commercial purposes, provided that you include attribution to “Denzity” and link back to the denzity.io/blog URL. For the sake of clarity, media outlets with advertising models are permitted to use excerpts from the transcript per the above.

No one is authorized to copy any portion of the Denzity Materials or use Denzity’s name, image or likeness for any commercial purpose or use, including without limitation inclusion in any books, e-books, book summaries or synopses, or on a commercial website or social media site (e.g., Facebook, Twitter, Instagram, etc.) that offers or promotes your or another’s products or services.

Leave a Reply

Your email address will not be published. Required fields are marked *