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A green profession? A global survey of RICS members and their engagement with the sustainability agenda

Author

Listed:
  • Tim Dixon
  • Andrea Colantonio
  • David Shiers
  • Richard Reed
  • Sara Wilkinson
  • Paul Gallimore

Abstract

Purpose - This study seeks to provide a review of the background and context to the engagement of RICS members with the sustainability agenda, and to examine the extent to which the surveying profession uses relevant information, tools and techniques to achieve the key objectives of sustainable development (or sustainability). Design/methodology/approach - The paper analyses results from a major international online survey of 4,600 RICS respondent members, supported by 31 structured telephone interviews. Findings - The results suggest that, although sustainability is highly relevant to RICS members' work, a lack of knowledge and expertise is making it more difficult for sustainability tools and other information to be used effectively. Research limitations/implications - The survey is based on a substantial number of responses which are broadly representative of the global RICS population. A key implication is that “laggard” faculties include the disciplines of commercial property and valuation. Practical implications - The research suggests that key stakeholders must work together to provide better information, guidance and education and training to “hardwire” the sustainability agenda across RICS faculties. Originality/value - This is the first truly global survey of its kind and focuses particularly on those faculties that play a major role in property investment and finance (i.e. valuation and commercial property), comparing their position with that of other faculties in an international context.

Suggested Citation

  • Tim Dixon & Andrea Colantonio & David Shiers & Richard Reed & Sara Wilkinson & Paul Gallimore, 2008. "A green profession? A global survey of RICS members and their engagement with the sustainability agenda," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 26(6), pages 460-481, September.
    • Handle: RePEc:eme:jpifpp:v:26:y:2008:i:6:p:460-481
    DOI: 10.1108/14635780810908352
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    Citations

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    Cited by:

    1. Alice Paola Pomè & Chiara Tagliaro & Gianandrea Ciaramella, 2021. "A Proposal for Measuring In-Use Buildings’ Impact through the Ecological Footprint Approach," Sustainability, MDPI, vol. 13(1), pages 1-21, January.
    2. Isaac Doku & Sonal Agarwal, 2016. "The Perception of Investors on Real Estate Sustainability in Ghana," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(4), pages 261-273, April.
    3. Fabrizio Battisti & Maria Rosaria Guarini & Anthea Chiovitti, 2017. "The Assessment of Real Estate Initiatives to Be Included in the Socially-Responsible Funds," Sustainability, MDPI, vol. 9(6), pages 1-19, June.
    4. Madad, A. & Gharagozlou, A. & Majedi, H. & Monavari, S.M., 2019. "A quantitative representation of the urban green building model, focusing on local climatic factors by utilizing monetary valuation," Ecological Economics, Elsevier, vol. 161(C), pages 61-72.

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