Real estate consultancy Knight Frank has appointed a director to oversee its environmental, social and governance efforts in Asia.
Knight Frank has appointed Jackie Cheung as director of ESG for Asia Pacific and Singapore, according to a statement. Based in Singapore, he reports to Tim Armstrong, global head of occupier strategy and solutions, as well as Low Kin Hon, deputy CEO and head of valuation and advisory for Knight Frank Singapore.
Cheung joined Knight Frank two years ago in Hong Kong and has been transforming the firm’s approach to ESG in Greater China. Prior to that, he also held sustainability roles at Hong Kong-based utility firm Towngas and London-based engineering firm Arup.
«Strategic Imperative»
According to Knight Frank's (Y)OUR SPACE 2023 survey, three-quarters of respondents believe that ESG ambitions will significantly impact real estate decisions over the next three years.
«Integrating ESG factors into portfolio planning is no longer optional but a strategic imperative, and we are committed to serving as a trusted ESG advisor for our clients,» Armstrong commented. «The real estate industry in Singapore is fast adopting sustainability practices and innovating constantly so as to play a key part in being a responsible contributor to the environment.»
