issued 2 hours ago
Submitted by International Well Building Institute
Green Building Council of Australia releases ‘Unlocking the Value’, a practical guide to sustainable finance in Australia’s real estate sector
Investors, regulators and organizations around the world are prioritizing non-financial metrics such as human and social capital metrics to better understand risk and return and demonstrate value and impact.
According to the European Commission, sustainable finance “refers to the process of taking environmental, social and governance (ESG) into account when making investment decisions in the financial sector, and which promotes a stronger focus on sustainable economic activities and projects.” “It leads to long-term investment.”
This investment landscape is increasingly shaped by ESG factors, and there has been a long-standing need for more practical and clear resources regarding access to capital. This is the new location of the Green Building Council of Australia (GBCA). unlock value The report sheds light.
The real estate industry is rife with opportunities to better address environmental and social issues, and access to sustainable finance, such as green loans and bonds, is more important than ever to achieve these goals. It has become.
meanwhile unlock value Although aimed at the Australian market, much of the content is applicable to the global real estate industry. This is one of the most comprehensive resources addressing green capital to date, providing much-needed guidance on how to work with the financial sector to enable sustainable financing for development and operational improvement projects. We provide
Guides are categorized into 10+ [sustainability] We use frameworks and rating systems (among them the WELL Standard) to demystify this space and demonstrate how their application can facilitate access to sustainable capital. Importantly about IWBI, the report focuses on health, equity and well-being, and positions “focusing on people” as a key initiative within the industry. IWBI has signaled the inclusion of social considerations in this guide and categorized how the WELL Standard relates to major sustainable finance frameworks.
“In a rapidly evolving landscape, it is heartening to see such a practical guide for the real estate industry. unlock value This will encourage more owners and developers to leverage sustainable finance to achieve higher levels of environmental and social performance.” said Kelly Worden, vice president of investments at.
We know that investing in sustainable buildings can improve indoor air quality, reduce noise pollution and promote healthier lifestyles, thereby contributing to public health. To date, we have seen a lot of movement around climate change mitigation (i.e. the ‘E’ pillar within ‘ESG’), but the link between human health and global warming has long been visible. It was not done. Financial Returns (“S”).
The green framework is primarily concerned with equipping physical assets to withstand environmental risks in order to protect the financial interests of investors. WELL addresses social risks that are relevant to investors but are not comprehensively addressed by today’s existing investment and regulatory frameworks. However, as more publications and reports like this one emerge to help guide organizations on how to mitigate these risks, it is clear that the industry is moving in the right direction.
unlock value This will help more organizations follow the lead of companies that are already incorporating WELL results into their sustainable finance strategies, including Aviva Investors, CBUS Property, Champion REIT, Colliers International, Mexico’s Treasury and Qatar National Bank. To do.
We believe that with this new resource and focus on WELL, the real estate industry will better understand the importance of protecting an organization’s most valuable asset: its employees.
Click here to download the report.
Please see the original content here.
International Well Building Institute
International Well Building Institute
The International WELL Building Institute (IWBI) is a public benefit corporation and the world’s leading organization focused on developing people-first places to advance a global culture of health. IWBI mobilizes communities through administering the WELL Building Standard (WELL Standard) and WELL assessments and certifications, administering WELL AP qualifications, pursuing applicable research, developing educational resources, and advocating for policies that promote health and well-being. I am. They are everywhere. Learn more about WELL here.
IWBI is a member of the United Nations Global Compact, the world’s largest corporate citizenship initiative, helping businesses use WELL to advance the United Nations Sustainable Development Goals (SDGs).
See more International Well Building Institute