Chinanews.com, December 9 (Zuo Yukun, China News Finance reporter) "Currently, companies that research and launch ESG (environment, society, governance) reports are still limited to listed real estate companies. But with the accelerated evolution of the housing rental market , especially the implementation of high-quality development in all walks of life, capital and regulatory attention to ESG will also shift to housing leasing companies, especially housing leasing companies with asset management systems as the forerunner.”
On December 8, Zhao Ran, dean of ICCRA Housing Leasing Industry Research Institute, made the above statement at the "Leader·4th International Forum on Housing Leasing Industry".
She believes that housing leasing companies should start to pay attention to ESG risks, seize ESG development opportunities, and use ESG as a key component of business models and operations to enhance company value while implementing high-quality development, helping to achieve sustainable social development and "double carbon" "Target.
At the event site, the ICCRA Housing Leasing Industry Research Institute released an ESG professional report on China's housing leasing industry, "ESG Action Guidelines for China's Housing Leasing Industry" (hereinafter referred to as the "report").
The report believes that since the beginning of this year, the policy side has continued to make efforts, and the housing rental industry has ushered in a new period of opportunity.
Towards a new journey of high-quality development, the importance of ESG investment philosophy has also been upgraded again.
According to the report, at the industry level, my country's real estate industry is shifting from a stage of rapid growth in the development period to a stage of high-quality development focusing on asset management. Researching and promoting ESG is an important tool to promote the high-quality development of the housing leasing industry; at the financing level, ESG assets The scale of management is showing a trend of accelerating expansion. Putting the concept of ESG responsible investment into practice can reduce risks and increase returns, help improve corporate valuations, and reduce corporate financing costs.
"To promote high-quality development, it is necessary to integrate the three new development concepts of innovative development, coordinated development, and green development. Researching and promoting ESG is an important tool to promote the high-quality development of the housing rental industry." Zhao Ran said.
The report points out that major housing leasing companies are paying more and more attention to the construction and development of the ESG system.
Many companies have set up "major issues of sustainable development" based on industry characteristics and their own business development strategies, which have played a vital role in identifying and managing the risks and opportunities of housing rental companies and effectively responding to the expectations of all parties.
The report also pointed out that although the current ESG practice needs to be strengthened in terms of innovation and development, and the practice of corporate governance is generally less than that of environmental governance and social governance, major housing rental companies have a strong focus on sustainable development goals and sustainable development. The ideas on major issues are basically the same.
According to the report, no matter from the perspective of the "dual carbon" goal or based on the capital market's attention to ESG, housing leasing companies will launch or strengthen their investment in the ESG field, and this trend will increase year by year.
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