The Real Estate Institute of Australia (REIA) has today announced two new pioneering National Awards for Excellence (NAFE) in the field of sustainability.
Speaking from REIA-REIACT ESG in 2023 event today to more than 70 real estate practitioners, REIA President, Mr Hayden Groves said that the two new awards will recognise those in the industry achieving outstanding impacts in sustainable real estate.
“The new awards, Sustainability Leadership Award – Practitioner and Sustainability Leadership Award – Agency will recognise those in Australia’s industry that are embedding sustainable practices throughout their businesses and communities to achieve Australia’s NetZero 2050 commitments.
“It will be open to residential and commercial practitioners and agencies and will seek to uncover those in our sector who are achieving best and leading practices in ESG.
“Consumers, governments and the industry itself are all demanding that we step up and embrace sustainability and recognising champions in the industry is a critical part of this.”
Mr Groves said there are many challenges to adopting more sustainable practices in the built environment, but the emerging evidence is clear that it commands premium outcomes for property owners.