Skip to main content Skip to footer

Bridging the ESG will gap and skills gap

Blog Bridging the ESG will and skill gap hero

While net zero carbon, ESG, sustainability and social value are the current buzz words in real estate, most people will admit, privately at least, that they are lost on what these terms actually mean in reality.


Having attended EG’s ESG Breakfast Briefing earlier this month where the focus was on the skills gap within the sector, what strikes me is that no matter what training courses are laid on or what qualifications are gained, unless there’s an intrinsic desire to make a change in the way that the sector operates: ESG goals will fail.

Looking back at how this field of work has developed it’s clear that most of the senior leaders in sustainability right now are the ones who had a personal interest in doing something different. While they might have been taught at university about climate change theories it was down to their own imagination and drive for innovation to find a way to integrate this knowledge into the practical elements of real estate.

As we’ve seen in the last two years there’s been an uptick in demand for advisors to who really understand sustainability as it applies to real estate and most organisations in the built environment now have a sustainability lead. There are wildly different levels of experience in these lead roles which has been driven by a general shortage of seasoned real estate sustainability experts. Organisations are finding themselves competing for talent and often must offer promotions earlier than usual to retain or recruit. Many professionals have migrated from consultancy roles to in-house, often assuming greater responsibility for the strategic ESG direction of portfolios of assets. This mass movement has in some cases created a vacuum of skills and experience, meaning newly qualified entrants are having to find their way with a reduced level of oversight and guidance.

Individual responsibility

As has been argued before, sustainability can no longer be a fringe topic which a few specialists within each real estate agency and advisory firm cover off. With legislative deadlines beginning to loom and increasing evidence of the impacts of climate change (the UK’s own record temperatures this summer, let alone the devastating impact of flooding in Pakistan and wildfires across the globe) there is no time to be complacent on this issue and everyone has an impact on the planet’s future.

The decisions each and every one of us make when advising clients has an impact on the environment and the global community. If we propose demolition and rebuilding on a prime location, that’s a whole lot of carbon being emitted, continuing to push the increasing temperature of the planet. Whereas if we choose retrofitting there are savings for the planet, but are there savings for your clients’ bottom line and will the asset be investible in the long term?

So how do we get to the point where everyone knows what they’re talking about and how they can have a positive impact? One way to start is to upskill your whole organisation on the topics of ESG. However, a generic lecture about what’s the different between carbon neutral and net zero carbon or understanding BREEAM ratings is not going to have an impact. Instead, training must be tailored to the needs of the audience, providing solutions that match the interests of the particular specialism – but still will that make a difference? Marginally perhaps.

What really needs to take place is development that leads to genuine buy-in from the individual. If they believe they can truly make a difference then they will be motivated to search out the solutions, do the research, find out about the niche products which can make that extra difference to operational emissions, or can reduce the embodied carbon wrapped up in their latest construction project.

The challenge for the sector going forward is embedding sustainability into each and every service line and product that supports the real estate sector – from Capital Markets to Agency to Project Management. These teams should be supported by an integrated set of technical advisors with the desire to create genuine change and innovation. Learning and Development teams have a role to play in this by upskilling the overall workforce as opposed to just those with ‘ESG’ in their job title, truly embedding the ethos much like other initiatives around diversity and inclusion. However, it’s more than about skill, it’s about bridging that will gap, and finding the right triggers for each individual which will make them re-evaluate their drive, and do what’s right for the environment and society as a whole.

This article originally appeared in EG on September 30, 2022.

About the author

Robert Nunn is our head of UK Talent & Development who manages Colliers development programme for staff, delivering in-house training for our experts as well as commissioning external programmes to meet the business' needs.

To contact Rob, email Robert.Nunn@colliers.com


Related Experts

Robert Nunn

Head of UK Talent & Development

Human Resources

London - West End

Robert is a highly experienced talent and development professional who has been working in the field for nearly 25 years.

Robert joins us from Grosvenor where he was the Head of Learning and Development.  He spent over seven and a half years working with the business to build the capability and culture the organisation needed to achieve its commercial strategy.

He also spent three years as learning and development manager at Jones Lang LaSalle, whether it was here that his interest in real estate was first sparked or the time he spent as a child being dragged around ‘interesting’ old buildings by his property developer father, who can say.

He feels privileged to be able to work in roles that combine his love of real estate with his deep interest in business psychology. One personal ambition is to make a return visit return to Antoni Gaudi’s Sagrada Familia in Barcelona when it is completed, assuming it’s finished within his lifetime!

Over the years he has worked across a wide range of sectors as a learning and talent expert, including fin tech, recruitment, and retail but he has always been drawn back to real estate.

In the short-term Robert will be focused on the promotions process, looking at how we support your career development and reviewing our existing training offer.  He firmly believes that great people are at the heart of a great business and is always keen to hear about your development needs, so please get in touch.

View expert