Real estate investors told to think green

Institutional real estate investors are being urged to consider the U.N.-backed Principles for Responsible Investment in their decision-making in a report presented at the United Nations Environment Program Finance Initiative today in Seoul. The report, “Building Responsible Property Portfolios,” stated that buildings are responsible for about half of global carbon dioxide and urged investors to move quicker to curb carbon emissions. The report was presented by the U.N. Environment Program Finance’s Property Working Group.