What is social responsibility in real estate?
Definition. Socially responsible real estate agency can be defined as a new way of practicing agency that looks for solutions to every deal in such a way that every party involved benefits from the process.
What does ESG mean for real estate?
Environmental, Social and Governance (ESG) as a value driver for real estate. “ESG”, the generally used acronym for “Environmental, Social and Governance”, has become an important business consideration all around the world. For instance, real estate investors have an increasing focus on sustainability.
Is socially responsible investing Profitable?
According to a report issued by the investment bank Morgan Stanley, titled Sustainable Reality: Understanding the Performance of Sustainable Investment Strategies, investing in socially responsible companies is more profitable than investing in traditional companies.