Transparency & ESG
As the global commercial real estate market continues to evolve, transparency and ESG (Environmental, Social, and Governance) considerations are becoming increasingly critical. The recent JLL Global Real Estate Transparency Index highlights how countries like Singapore and India are making strides in these areas, and the developments abroad provide valuable lessons for markets in the US and Europe.
Singapore has emerged as a global leader in real estate transparency, joining ranks with giants like the US and Japan. The country’s Green Mark Scheme, a benchmark for sustainable buildings, has redefined what environmental responsibility looks like, driving both public and private sectors toward ambitious climate-risk reporting and ESG targets. As the US and European markets prioritize sustainability, we can look to Singapore’s success as a model for enhancing energy efficiency and corporate disclosures.
Meanwhile, India has made notable progress, rising five places in the index. Its push toward digitalization through initiatives like Digital India has vastly improved transparency, particularly with streamlined regulations, digitized land records, and climate risk disclosures. This digital infrastructure is key not only for transparency but also for reducing corruption and fostering economic growth. The US and Europe have been pioneers in adopting proptech solutions, but India’s rapid acceleration reminds us of the immense benefits that come from continued investment in digital transformation.
Across markets, ESG transparency is not just a regulatory requirement—it’s becoming a competitive advantage. As companies globally strive to meet net-zero targets and seek to attract capital, transparency in sustainability efforts is more crucial than ever. Whether through advanced technologies like blockchain and AI or comprehensive reporting standards, transparency is a shared goal that will drive future growth and resilience across regions.
At Polaris Custom Awards, we understand the importance of marking milestones in this evolving landscape. Deal tombstones and custom awards symbolize not just transactions but the transparency, sustainability, and innovation driving today’s commercial real estate market. Let us be a resource for you whenever you need tombstones.