Green-certified buildings account for 82% of all office leasing: Colliers

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Green-certified buildings account for 82% of all office leasing: Colliers - Business Standard

Quick Summary:

According to the market regulator’s Business Responsibility and Sustainability Reporting framework, the top 1000 listed companies in India (by market cap) must disclose their Environmental, Social, and Governance-related information as a mandatory process.

Occupiers’ preference to lease green-certified buildings, called so because they are environmentally responsible and resource-efficient, has been seeing an uptick in India.

The consultancy predicted that in the next two to three years, the majority of the over 150 msf Grade A office developments in various stages of construction across the six major cities are likely to be green-certified.