Environmental and sustainability valuation
Environmental and sustainability issues are increasingly important in the appraisal and valuation of land and property.
Chartered surveyors completing valuations are therefore expected to have a comprehensive awareness of sustainability matters (see Background and context), including the key aspects of environmental, social and economic factors, and how they influence the behaviours of market participants.
Other relevant environmental considerations include various schemes and measures. Valuers have a key role to play in Building sustainability and environmental considerations into property valuation and this is confirmed in the requirements and recommendations of RICS Valuation – Global Standards.
This section is updated by David Marshall, JLL.
Related content
RICS standards: RICS Red Book Global Standards
RICS standards: Sustainability and commercial property valuation
Checklist: Sustainability considerations: valuation checklist
Checklist: Contamination and environmental information: valuation checklist
RICS journal article: How can valuers break ESG valuation deadlock?
RICS journal article: European assets report increased ESG interest