The International Sustainability Alliance (ISA) is undergoing rapid growth as corporate players call on a transnational sustainability standard to evaluate and compare portfolio valuations and environmental performance for CRE reporting.
The International Sustainability Alliance (ISA) is undergoing rapid growth as corporate players call on a transnational sustainability standard to evaluate and compare portfolio valuations and environmental performance for CRE reporting.
In Switzerland, leading advisory firm Schofield & Partners has joined as a founding associate member, and since late 2010 ISA has gained Heineken International, Cushman & Wakefield, BNP Paribas Real Estate Investment Services, PGGM and Bouwfonds Real Estate Investment Management as new founding members.
This brings the total number of founding members to 29. Additionally, several major European universities have expressed interest in joining ISA to initiate research programmes using the environmental database now being built following the establishment by the alliance of a research subcommittee, according to John Pike, co-chair of ISA.
Schofield & Partners is supporting ISA as Swiss coordinators, said Karl Franck Meinzer of the advisory firm. 'ISA will engage with relevant national associations such as Cleantech Switzerland and Swiss Cleantech to facilitate an effective coordination with international activities where applicable. There are also plans to support Swiss-based corporate entities with advisory services to secure and enhance the value of their real estate portfolio in light of a changing market. A transnational simplified sustainability label based on mutually agreed key performance indicators will become a key decision tool for the international real estate investor community.'
The full story appears in the March edition of PropertyEU Magazine. Click on the link below to subscribe
