{"id":142972,"date":"2024-03-11T04:18:55","date_gmt":"2024-03-10T21:18:55","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-leaders-setting-the-standard-for-sustainable-design-and-esg\/"},"modified":"2024-03-11T12:20:21","modified_gmt":"2024-03-11T05:20:21","slug":"real-estate-leaders-setting-the-standard-for-sustainable-design-and-esg","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/real-estate-leaders-setting-the-standard-for-sustainable-design-and-esg\/","title":{"rendered":"Real Estate Leaders Setting the Standard for Sustainable Design and ESG"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/03\/Copy-of-TCE2490_140CecilSt_S010_EXT_HeroDay_Final5000.jpg?fit=820%2C410&amp;ssl=1\" width=\"820\" height=\"410\">&#013;<br \/>\nReal Estate Leaders Setting the Standard for Sustainable Design and ESGThe real estate industry is experiencing a major transformation, driven by leading developers that are actively shifting their projects towards a more sustainable future.<br \/>\nThese developers are proactively integrating environmental, social, and governance (ESG) considerations into every aspect of their business practices. ESG principles guide developers to go beyond physical structures and consider the ecological and social impact of their projects.\u202f\u00a0<br \/>\n\u00a0<br \/>\n1. Benefits of adopting ESG principles in real estate\u00a0<br \/>\nNumerous benefits come with embracing ESG, including:\u202f\u00a0<\/p>\n<p>Increased occupancy rates: ESG-focused buildings attract tenants who prioritise sustainability and well-being, potentially leading to up to 18% higher occupancy compared to conventional counterparts.\u00a0<br \/>\nHigher rental premiums: Landlords can command rents 2\u20138% higher due to the enhanced appeal and lower operational costs of green buildings.\u00a0<br \/>\nUtility savings: Efficient design, renewable energy sources, and smart building technologies translate to direct savings on utilities, with up to 15% less energy and water consumption.\u00a0<br \/>\nReduced resource consumption: Lower reliance on finite resources such as water and energy fosters responsible use and minimises environmental impact.\u00a0<br \/>\nImproved waste management: Recycling and composting initiatives reduce landfill waste and encourage mindful consumption.\u00a0<br \/>\nEnhanced resilience: Buildings designed with climate change in mind are better equipped to withstand extreme weather events, resulting in lower maintenance costs and reduced risk of disruption.\u00a0<br \/>\nEthical supply chains: Partnering with vendors that share ESG values mitigates reputational risks and ensures alignment with sustainability goals.\u00a0<br \/>\nStronger community relationships: Engaging with local stakeholders and supporting community development fosters trust and positive relationships.\u00a0<br \/>\nEnhanced stakeholder trust: Accurate record-keeping, robust audits, and strong compliance measures ensure transparency and accountability, building trust among stakeholders.\u00a0<br \/>\nImproved regulatory compliance: Governments worldwide are implementing stricter regulations to encourage sustainable development. Real estate developers who proactively integrate ESG initiatives into their projects are better positioned to comply with existing and future regulations.\u00a0<\/p>\n<p>\u00a0<br \/>\n2. How real estate developers are embracing ESG\u00a0<br \/>\nReal estate developers are no longer simply building structures; they\u2019re creating sustainable environments that benefit people, the planet, and their bottom line. By embracing ESG principles, they\u2019re tackling challenges associated with design and construction, and setting a new standard for the industry.<br \/>\nISO certification\u00a0<br \/>\nDevelopers, such as GuocoLand (Winner: Best Developer, Special Recognition in Sustainable Design and Construction, Sustainable in ESG) and UOL Group Limited (Winner, Best Residential Developer, Best Sustainable Developer and Best Hospitality Developer, Special Recognition in Sustainable Design and Construction, Sustainable in ESG), partner with contractors that hold ISO 14001 certification for environmental management.<\/p>\n<p>This certification enables better control over the impact of construction activities on the environment.<br \/>\n\u00a0<br \/>\nReal-time monitoring\u00a0<br \/>\nSome of GuocoLand\u2019s Singapore-based construction sites are adopting ESG monitoring dashboards to provide real-time information on resource consumption (e.g., diesel, electricity, recycled water, and timber plywood), waste generation, and noise levels.<br \/>\nSolitaire on Cecil by Solitaire Cecil Pte Ltd (Winner, Best Commercial Developer, Best Reconstruction Project Development, Best Office Architectural Design) also conducts real-time monitoring and management of energy and water consumption as well as indoor air quality.<\/p>\n<p>\u00a0<br \/>\nGreen building technologies<br \/>\nSustainable developments prioritise energy-efficient technologies. GuocoLand\u2019s Guoco Tower, for instance, captures and recycles 75% of rainwater, reducing its water consumption by 35%. It also utilises daylight, natural ventilation, and high-efficiency HVAC systems with smart controls to further reduce water and energy.<\/p>\n<p>This impressive effort earned them LEED Platinum and BCA Green Mark Platinum certifications. Across all projects, GuocoLand adheres to the GRI 302 and 307 standards for energy consumption and environmental compliance.<br \/>\nOn the other hand, Solitaire on Cecil features EV car charging lots, 100 solar panels, and an efficient cooling tower and chiller plant system.<br \/>\n\u00a0<br \/>\nGreening the urban landscape<br \/>\nDevelopers are integrating landscaping and greenery into projects to enhance air quality, manage rainwater runoff, and create aesthetically pleasing environments.<br \/>\nUOL Group Limited, a recognized BCA Green Mark Champion, incorporates green and biophilic design into its buildings. Meanwhile, GuocoLand selects special plant species to boost local biodiversity and introduce features that clean rainwater and cool the microclimate.<br \/>\n\u00a0<br \/>\nCommunity development<br \/>\nReal estate developers are actively engaging with the community through various initiatives. From supporting social programs to promoting walkable communities, developers are making a positive impact beyond their projects.<br \/>\nFor instance, Bukit Sembawang Estates Limited (Winner, Best Landed Developer, Best Landed Housing Development, Special Recognition in ESG) gives back to the community by providing monetary assistance to nearby nonprofit groups and organisations annually.<\/p>\n<p>In 2022 and 2023, they gave money and more than 350 kilograms of food to the \u201cHeart on Wheels\u201d food donation drive. They also donated desktops for the \u201cBe the Light\u201d initiative to help underprivileged families in Singapore.<br \/>\nMeanwhile, Frasers Property Singapore\u2019s (Winner, Best Mixed-Use Developer, Special Recognition in Sustainable Design and Construction, Special Recognition in ESG, ) North project links 920 residences to a 400-outlet mall, minimising the community\u2019s need for transportation.<\/p>\n<p>By embracing ESG principles and implementing innovative solutions, real estate developers are not just building structures, they\u2019re building a brighter future for all. They\u2019re creating resilient buildings, healthier communities, and long-term value for stakeholders, setting a new standard for the industry and leaving a lasting positive impact on the world.&#013;<br \/>\n&#013;<br \/>\nSource : proppertyguru.com.sg\/Property Market&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.propertyguru.com.sg\/property-management-news\/2024\/3\/211045\/real-estate-leaders-setting-the-standard-for-sustainable-design-and-esg\" target=\"_blank\" rel=\"noopener\">Real Estate Leaders Setting the Standard for Sustainable Design and ESG<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Real Estate Leaders Setting the Standard for Sustainable Design and ESGThe real estate industry is&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":142973,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-142972","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/03\/Copy-of-TCE2490_140CecilSt_S010_EXT_HeroDay_Final5000.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Bc0","jetpack-related-posts":[{"id":166386,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/menas-esg-leaders-take-centre-stage-at-care-esg-awards\/","url_meta":{"origin":142972,"position":0},"title":"MENA\u2019s ESG leaders take centre stage at CARE ESG Awards","date":"December 3, 2025","format":false,"excerpt":"\r CARE \u2013 the Climate Action, Renewable Energy & Sustainability Forum \u2013 brings together policymakers, investors, business leaders, and innovators to accelerate sustainable development, climate-positive projects, and clean energy adoption across MENA The post MENA\u2019s ESG leaders take centre stage at CARE ESG Awards appeared first on Arabian Business: Latest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/12\/CARE-ESG-Awards-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":127414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-hong-kong-landlords-developers-and-asset-managers-cannot-ignore-esg-standards\/","url_meta":{"origin":142972,"position":1},"title":"Why Hong Kong landlords, developers and asset managers cannot ignore ESG standards","date":"June 28, 2022","format":false,"excerpt":"\r A growing appreciation of the important role that real estate can play in mitigating climate change has prompted the industry to take ESG much more seriously across the entire life cycle of a property.\r \r Source : South China Morning Post\r Read more...Why Hong Kong landlords, developers and asset\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":169502,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-construction-enters-new-phase-in-2026-as-digital-discipline-ai-and-esg-reshape-project-delivery\/","url_meta":{"origin":142972,"position":2},"title":"UAE construction enters new phase in 2026 as digital discipline, AI and ESG reshape project delivery","date":"January 16, 2026","format":false,"excerpt":"\r UAE construction and real estate projects are shifting in 2026 as digital discipline, AI adoption and ESG compliance reshape delivery The post UAE construction enters new phase in 2026 as digital discipline, AI and ESG reshape project delivery appeared first on Arabian Business: Latest News on the Middle East,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2026\/01\/uae-construction-market-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":165736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mashreq-is-banking-on-sustainability-by-leading-esg-transformation-in-the-middle-east\/","url_meta":{"origin":142972,"position":3},"title":"Mashreq is banking on sustainability by leading ESG transformation in the Middle East","date":"November 25, 2025","format":false,"excerpt":"\r Faisal AlShimmari, VP and Head of ESG & Corporate Strategy at Mashreq, explains why banks can bridge the knowledge and capital gap when it comes to sustainability. 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