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ESG at a tipping point | October 2021

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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.

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ESG at a tipping point | October 2021

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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.

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United Kingdom

Andy Hay

Managing Director, EMEA Property Management and ESG

EMEA Headquarters, London

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.
 

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United Kingdom

Luke Dawson

Head of Global and EMEA Capital Markets

London - West End

Luke Dawson is the Head of Global and EMEA Capital Markets for Colliers. He has over 17 years of experience with Colliers and over 20 years of working in the real estate industry, where he has lived in various locations across Europe, North America and the Middle East.

As Head of Global Capital Markets, Luke is responsible for setting the global strategic agenda for Capital Markets, which includes advising clients, growing our global Capital Markets Platform, and connecting capital with opportunities across all asset classes around the world. 

As Head of EMEA Capital Markets, Luke is responsible for executing regional strategy and driving the growth of the Capital Markets service line. He is focused on building and leveraging cross-border relationships at the decision-making level and working with our local teams to identify trends and opportunities. 

Before leading the Global and EMEA Capital Markets team, Luke was previously Managing Director for Central & Eastern Europe (CEE) and Head of Capital Markets for CEE for Colliers, where he was responsible for driving the investment sales business across the CEE as well as strategic leadership of the overall Central Europe business. 

Apart from his experience with Colliers, Luke also led one of the largest private family offices in the Middle East and was responsible for acquisitions, dispositions and operations across three continents.

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