Perspective on ESG in Real Estate by Eurasia

Mete Varas
EurAsia Proptech Initiative
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ESG, comprising Environmental, Social, and Governance pillars, holds paramount importance across industries. In the context of the Built Environment, these pillars gain heightened significance due to the sector’s direct influence on the physical environment and societal wellbeing. From climate impact and resource management to labor standards and community welfare, the Built Environment intersects with key ESG considerations.

Technological advancements and innovative solutions emerge as indispensable tools in addressing these multifaceted challenges. Indeed, ESG serves as a potent driver compelling the industry to adopt progressive solutions.

As one of the biggest proptech markets, Istanbul has a growing number of ESG-focused solutions in its ecosystem. Solutions for energy management, carbon accounting, and reporting, social programs are on the rise. In addition, having a strong manufacturing infrastructure and owning the supply chain helps founders focus on sustainable building materials.

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