Where is retail in its ESG journey to Net Zero Carbon?
What are the potential valuation impacts of a proactive ESG strategy for greater investment?
ESG is high on the agenda for corporates, investors, owners and consumers, and real estate continues to be a major contributor to carbon emissions globally.
As part of the Valuation Advisory Global ESG content series, our latest sector report focuses on the Retail sector and its journey to Net Zero Carbon. As a sector retail is one of the most challenged in the ESG space due its nature of occupiers including their supply chains, the substantial development of retail projects in dense urban areas and the role of the consumer in their relationship with retail and increasing demand for sustainable products.
This paper follows on from our first global ESG report ‘Valuing Net Zero & ESG for Offices: Global Market Trends and Valuation Methodology' and focuses on the global challenges and opportunities in the retail sector, drawing on examples and case studies of good practice across markets. We also look at the potential valuation impacts and scenarios of a proactive ESG strategy for greater investment versus a “do-nothing” approach.