Are Occupiers’ ESG Targets Ambitious Enough?
Posted by Knight Frank Newcastle on 13th January 2023 -
Along with the launch of Knight Frank’s report, Why ESG Matters: A Guide for Occupiers, our panellists Peet Mun Chew, Managing Director of Investment and Development, Capitaland Development (Singapore), Francesco Demarco, Head of Global Portfolio Solutions, ANZ, Knight Frank Australia; Jackie Cheung, Associate Director, ESG, Knight Frank Greater China; and Christine Li, Head of Research, Knight Frank Asia-Pacific discussed some of the key topics around ESG that have come into sharp focus for occupiers. Watch the full webinar replay here, or read on for some of the highlights from the discussion.
On how top of mind ESG priorities are for occupiers
From the landlord’s perspective, Chew shared that ESG considerations are on the minds of Capitaland’s tenants and buyers. However, he notes, “as much as sustainability is in their mind space, every company’s sustainability journey is on a different level, and their priorities may also differ.”
However, he also noted that the pandemic has undoubtedly heightened awareness around the “S” in ESG, with more tenants becoming conscious of indoor air quality and the importance of green outdoor spaces for employee well-being.
On the importance of green leases