More Corporations Promote Green Policies

More corporations and governments around the globe have raised concerns on how to improve environmental efficiency and create more sustainable development, according to Dr. Jane Murray, Asia-Pacific Head of Research at Jones Lang LaSalle at a forum on risks & rewards in sustainable developments. “Installing efficient plants across the world has become a trend,” said Murray.

China and India will have potential for sustainability in the long run because of their economic growth and population increase, according to Jones Lang LaSalle's research analysis. The report shows that more than a half of the respondents in Asia-Pacific believe that sustainability will become a critical issue within the next two years, while 42% think it's an issue now.

By comparison, out of 500 real estate corporations from Singapore, Denver, Melbourne, and London, 50% think sustainability is already a critical issue now, while 62% believe it will be a critical issue within the next two years. Nine in ten feel that sustainability will become a critical issue within the next five years.