Pressure is mounting for office landlords to upgrade their buildings as more businesses look to improve on sustainability. Increasingly, companies are adopting Environmental and Social Governance (ESG) mandates that have direct implications for the physical premises they own or lease. While new offices are being developed with target environmental ratings in mind, this is presenting a growing challenge for the owners of older buildings. Even in the absence of ESG targets, office landlords are competing for tenants in an increasingly tough market.
https://www.realcommercial.com.au/news/sustainable-offices-no-longer-a-nice-to-have-but-a-need-to-have#realcommercial
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