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ESG KnowHow

E

Environmental

S

Social and Corporate

G

Governance

Sustainability & ESG Committee

Esther An
aprea icon logo Chairperson

Esther An

Chief Sustainability Officer
City Developments Limited (CDL)

 
 
Angel Tang
aprea icon logo Deputy Chair

Angel Tang

Deputy General Manager
China Overseas Commercial Properties CO., Ltd.
中海商业副总经理 唐安琪

 
 
Dane Garrood
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Dane Garrood

Portfolio Manager - Asia Pacific
Cohen & Steers Asia Ltd

 
 
Graeme Newell
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Graeme Newell

Professor
Property Investment
Western Sydney University

 
 
Aditya Bhargava
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Aditya Bhargava

Senior Portfolio Manager
Abu Dhabi Investment Authority

 
 
Hideki Yano
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Hideki Yano

Chairman
APREA Japan Chapter

General Manager Development & Project Department
ES-CON JAPAN Ltd.

 
 
Terence Chan
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Terence Chan

Chairman
Asia Impact Investment Corporation
Hong Kong

 
 
David Fogarty
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David Fogarty

Head of Sustainability & ESG Consulting Services
CBRE

 
 
Ho Chee Kit
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Ho Chee Kit

Senior Director, Asset Services
C&W Services

 
 
Ng Chang Wei
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PANKAJ SONI

Head of Asia Real Assets Consultant
MSCI

 
 
Jeffrey Ong
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Jeffrey Ong

Director, Head of Real Estate, Asia
Olayan Capital Pte. Ltd.

 
 
Vinamra Srivastava
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Vinamra Srivastava

Chief Sustainability Officer
CapitaLand Investment

 
 
Vinamra Srivastava
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JACK LIN

President
MioTech

 
 

Want to learn more on what ESG is about?
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The Importance of ESG in the Real Assets Industry

Do you know that the real estate sector accounts for nearly 40% of global carbon dioxide emissions? Building operations account for 70% of these emissions, while construction produce the remaining 30%. To achieve global climate goals such as combating climate change and reducing greenhouse gas emissions, there is a need for real assets companies to set environmental, social, and corporate governance (ESG) targets.

So, what exactly is environmental, social, and governance (ESG), and why should real estate firms care? Consider themes such as low-carbon transition, diversity, and corporate compliance to better understand the definition of ESG. ESG regulation in Asia Pacific is rapidly developing, and it is an inevitable reality that developers, asset managers, investors, and other companies must face. This is accompanied by a pressing need to align with developing ESG standards to avoid falling behind, as many corporations are incorporating ESG considerations into their business decision-making processes.

Instead of viewing ESG as a necessary business cost to be incurred in order to comply with increasingly stringent regulatory measures and corporate competition, businesses can aggressively capitalise on climate opportunities. According to a recent Bloomberg Intelligence survey, global ESG assets are on track to exceed $53 trillion by 2025, accounting for more than a third of the projected total assets under management of $140.5 trillion.

As the region’s voice for sustainable investing and in light of the growing importance of ESG, APREA addresses our members’ needs through our core services to help them realise the full potential of ESG opportunities. We educate our stakeholders by sharing best practices and the latest research, actively engaging with them in ESG-related initiatives, and hosting events in collaboration with top industry experts to keep members up to date on the latest ESG news.

In essence, sustainability is a growing trend that should not be overlooked. Now more than ever, companies in the real assets industry must prioritise ESG to develop a resilient business that creates a long-term value for stakeholders.

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