ESG: The New Metrics in Construction and Real Estate
October 28, 2022
With engineering and construction making up more than 11 percent of global domestic product, there is a growing focus on how the building industry conducts business. What started as a movement among institutional investors and their financial partners has expanded across almost all sectors, and environmental, social, and governance (ESG) considerations now impact many real estate decisions and capital project planning. Consumer behavior is partly responsible for the change. So is the fact that investors and lenders increasingly view a company’s ESG policies as indicative of how that company is positioning itself for success in the marketplace.