Editor's Letter: We can all be heroes - but will we embrace the opportunity?

Will_DarbyshireWill_Darbyshire Member
edited January 27 in General Discussion
I want to give some context to the position real estate currently finds itself in. We are being handed an unprecedented opportunity. With the rest of the world fumbling its climate responsibilities so profoundly, you and me and everyone we work with are being given the chance to become heroes for the entire world! But will we take it?

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  • Outstanding article Will. I was at a BNP Real Estate gathering yesterday where ESG and sustainability were recurring topics in the discussions but, as you say, we need to move beyond debate to real action. Maybe a concerted effort to inform and influence the valuation industry is necessary to highlight to them the impending impact of the effects of inaction which you point out will result in dramatic new regulations which will crush the value of dirty buildings then and should, arguably, be affecting values now. The reality is that climate change is already impacting property values, we just aren't showing it!
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