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This year, Schroders included an environmental impact score on its latest Global Cities Index, which ranks the top investment cities globally. While the inclusion of the environmental score didn’t affect the rankings this year—Los Angeles, London and Hong Kong took the top three spots, as they did last yea—the environment did have an impact on each city’s score and shows the important role that an EIS score will have on investment activity.

A city that is environmentally sustainable will be economically sustainable and therefore a good place for capital investment,” Hugo Machin, co-head of the global cities at Schroders, tells GlobeSt.com. “Cities will have to respond to climate change. They cannot change where they are located, but they can change how they respond. Policy response will become increasingly important and this will be captured in the index.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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