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Environmental, Social and Governance (ESG) practices are critical to real estate investment according to a report from The Counselors of Real Estate. The COVID-19 pandemic has elevated this trend as risk management, resiliency, transparency and social engagement are ever-growing important issues.

The report, 2020-21 Top Ten Issues Affecting Real Estate, attributes the rise in ESG practices to a growing influence of millennial investors, innovations in the measurement and tracking of ESG performance, and the wider acceptance of the risks of climate change among other reasons.

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Carley Beckum

Carley Beckum is part of the social media team at ALM.

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