City Of The Future

E-S-G. If you haven’t heard that term before, it stands for Environmental, Social, and Governance. It’s a framework that investors use to help them decide whether or not to put money into a company. Over the last 20 years, investors have increasingly embraced the “E” in ESG, and ESG funds are now consistently driving strong returns. In fact, 2020 was the biggest year for ESG-investing yet.   With the events of 2020, the “S” of ESG — which includes some of society’s toughest problems, like economic opportunity and racial inequity — has come to the forefront. Investors are, more and more, pursuing socially-minded ESG investments. And this pivot has huge implications for real estate, as investors are now ready and willing to lend capital to real estate companies that are pursuing projects with real social and racial impact. But what do those projects look like, and how can real estate transform the development process to achieve them? As we’ve explored throughout this season of City of the Future, developing s