S-Reits on journey to raise sustainability standards

AFTER Covid-19, climate change is accepted to be the next big global crisis confronting humanity. Many senior management and boards are actively discussing what this means for their business model and how prepared they are for the transformations that will inevitably take place as we move towards a greener society.

The focus of this article is on the "E" (environmental) of ESG. This is not to imply that social and governance aspects of ESG are not important (they certainly are) but merely to lay out the scope for this writeup.

REITS AS A LONG-TERM INVESTMENT VEHICLE