Skip to main content Skip to footer

ESG at a tipping point | October 2021

Download Report
ESG sm assets  hero image

ESG is no longer an option, it’s a ‘must have’

The deployment of new regulations in Europe concerning the treatment of environmental, social and governance (ESG) factors in investment and corporate decision-making has reached a tipping point. We have seen investors and major corporates gradually embed a complexity of ESG related guidance, frameworks and benchmarks into their business operations over the last 20 years - particularly the last five.

The global drive to advance sustainability is creating considerable uncertainty in the investment market for real estate, according to our new report ‘ESG: A Tipping Point’. It points to an urgent need for policy makers to agree on pragmatic, actionable targets that will support the creation of clear, consistent technical standards and benchmarks enabling reallocation of both capital and skills as investors rush to factor new ESG realities into decision-making. In the report we estimate some €7 trillion may be needed to retrofit buildings in Europe to comply with emerging ESG requirements. Download the full report below.

ESG sm assets  search image

ESG at a tipping point | October 2021

Download Report
Related Experts
United Kingdom

Damian Harrington

Head of Research

London - West End

Damian Harrington is a Director and Head of Research for both Global Capital Markets and EMEA at Colliers. He has over 20 years of experience in the real estate industry living and working from various locations across EMEA including London, Dubai, Prague, Helsinki and Amsterdam. Damian is responsible for producing research for internal and external clients. His expertise helps to provide clients with global capital market trends and analysis, and connects them with strategic and actionable insights, such as the changing nature of global capital and the impact on global capital flows. Damian has produced numerous research papers and generated analysis of markets across all asset types - from residential to offices, retail to logistics and hotels to niche sectors such as life sciences, air cargo and data centres. Damian is a member of the EMEA location strategy team and a key member of Colliers ESG focus group.  He speaks regularly at internal global conferences, external industry events hosted by GRI, ULI and other key industry bodies, plus key annual events such as MIPIM and EXPO REAL.

Damian holds a Masters degree in European Property Development and Planning from University College London, a BPI Bachelor of Planning from the University of Amsterdam and a BA (Hons) in Town and Country Planning from Manchester University. He is also a qualified surveyor, holding an MRICS with the Royal Institute of Chartered Surveyors.

View expert
United Kingdom

Andy Hay

Managing Director, EMEA Property Management

EMEA Headquarters

Andy has over 20 years of international experience with an exceptional track record of growth, business development and leading strategic change across multiple sectors. He joins Colliers from CBRE where he was MD EMEA - Property & Asset Management; prior to that he worked for big brands including RAC plc, Diageo plc, and Adidas AG.

Andy will focus on driving the continued growth and success of the EMEA region's Property Management division; improving client experience, developing relationships and optimising its EMEA service delivery model.
 

View expert
United Kingdom

Luke Dawson

Managing Director Cross Border Capital Markets

London - West End

I started with Colliers in 2003 working as Director of Corporate Development with a focus on mergers and acquistions across the globe.  After leading the acquisitions of the Colliers businesses in Russia, Ukraine, and South East Europe, I relocated to the Czech Republic in 2007 to take on the role of Head of Operations for Eastern Europe.  I was responsible for the day-to-day oversight, integration and coordination of the 13 countries.  In 2012 I accepted the position of Regional Managing Director for South East Europe.  In this position I was responsible for business development, key accounts, investment sales and overall business accountability.

In 2014 I left Colliers to run one of the largest private family offices in the middle east.  This involved leading all asset management, acquisitions and dispositions across the globe and the overall leadership of the organization. 

In early 2017 I returned to Colliers in my current role.  My focus is on driving our investment sales business across Central Europe.  This means strategically managing regional investment relationships, connecting opportunities and guiding the overall strategy of the service line.  I also have leadership responsibility for the Central Europe businesses as a whole and work closely with the local leaders to grow our businesses.

View expert