The Sustainability Committee has recently formed two working groups to reflect that ESG (Environmental, Social and Governance) impacts on all areas of retail property. The Environmental Working Group led by David Cameron of Atelier Ten will focus on improving the environmental performance of stakeholders across the sector. The Social Impact Working Group, led by Kate Neale of Cadogan Estates will concentrate on increasing performance and the awareness of retail property’s role in the industry and community it serves.
As you will see from David Cameron’s spotlight on The United Nations Climate Change Conference in November in this newsletter, ESG is high on the agendas of governments and lobby groups. It is also a key driver of risk planning for retail businesses, their investors, and funders. Revo’s Sustainability committee will be working hard to provide members with more information and insight on what is coming over the horizon.