Sell Real Estate Toronto Is Playing Catch-Up With Respect To Environmental, Social And Governance (ESG) Issues
The Canadian Commercial Real Estate Sustainability Intelligence Report, released by sustainability research firm Jantzi-Sustainalytics in association with the Real Property Association of Canada (REALpac) stated that the sell real estate Toronto is playing catch-up with respect to environmental, social and governance (ESG) issues when compared to international peers.
Michael Brooks, REALpac’s Chief Executive Officer said that they are pleased with the efforts of those Canadian real estate companies cited in the report as being strong ESG performers. In news of interest for those who buy real estate Toronto, Canadian companies showed relatively high performance in the areas of business ethics, labor practices, and health and safety, they lag behind on environmental and disclosure issues.
Simon MacMahon, Director of Sustainability Services at Jantzi-Sustainalytics and author of the report said that Stakeholders, including governments, tenants and investors, are putting increasing pressure on companies to adopt green initiatives which is good news for those who buy homes Toronto. This is a movement toward corporate responsibility and sustainability having a concrete impact on the real estate industry.
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