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Sustainable Real Estate: UN urges investors to embed PRI in property portfolios

Posted by ENN: Green Building
October 20, 2008

Institutional investors world-wide are being urged to engage with property fund managers to embed the UN-backed Principles for Responsible Investment(PRI) in their decision-making. The call is being made today by the UNEP FI Property Working Group, whose members include 18 property fund managers from Japan, India, Austria, Europe and the US, amid concern that the property industry is moving far too slowly to address its environmental footprint including greenhouse gas emissions.

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