European pensions increase ESG pressure on Asia property funds
Adoption of a real estate benchmark in Asia is increasing as leading European pension funds place reporting at the heart of their emissions reduction efforts.
![European pensions increase ESG pressure on Asia property funds](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2F20221004085522_esg%20balance%20trade%20offs.jpg&c=1&h=677&q=100&v=20243601&w=1204)
Pressure from investors outside Asia is increasing the quality and range of ESG data reported by Asian property funds, according to the leading global ESG benchmark for real estate.
Ruben Langbroek, GRESB
“There is increased pressure from asset owners who require their managers to participate in the annual benchmark, although this pressure mostly comes from non-Asian asset owners,” said Ruben Langbroek, head of Asia Pacific for the Global Real Estate Sustainability Board (…
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