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Go beyond compliance to profit from sustainability reporting
From a social perspective, ESG in real estate could range from providing affordable housing and remodelling public spaces and public housing to new investments in green buildings.
As sustainability reporting becomes a mainstay of the corporate reporting landscape, organisations must ensure that this highly demanded information is useful.
It is pertinent that those who prepare of these reports avoid a compliance-only mindset. Too often, organisations complain about the financial costs of compliance without considering the cost of non-compliance and the use of boilerplate disclosures.