Real estate

A solid investment case for incorporating ESG factors, a competitive market and well-established regulation have encouraged real estate investors to implement some of the most comprehensive approaches to responsible investment.

Nevertheless, ESG factors such as climate risk, and fragmented sustainability standards, still pose challenges to responsible investment in real estate. To find out more about the PRI’s work on real estate, contact us.

PRI has carried forward the activities of the UNEP FI Property Working Group (PWG) since January 2022. The PWG was a longstanding investor programme of UNEP FI comprised of leading asset owners and managers focused on driving financial returns through ESG integration. The mix of thought leadership and applied practice projects across ESG data, carbon emission reductions and climate risk, SDG alignment, and investing for health and wellness outcomes, will continue within PRI’s Investment Practices. The library of UNEP FI property publications remains available at the UNEP FI website.




ESG incorporation in real estate – what best practice looks like

Real estate investors not only play an important role in encouraging net zero targets in the sector, they also can play a part in bringing about positive social change.

Introduction guide


An introduction to responsible investment: real estate

A guide to managing ESG issues in real estate

Practical guides and tools


TCFD for real assets investors

Implementing the recommendations of the Taskforce for Climate-related Financial Disclosures in physical assets like property, infrastructure, forestry and farmland.


Responsible investment DDQ for real estate investors

This due diligence questionnaire (DDQ) has been developed to help investors better understand and evaluate real estate managers’ approaches to responsible investment.