Bengaluru has been ranked 14th, the only Indian city to achieve the ‘Gold Standard’ category, followed by Delhi, Hyderabad and Mumbai at 17th, 18th and 20th ranks in the Asia Pacific region. New market dynamics have propelled the growth of sustainable development in India. The global commitment to carbon neutrality and net zero (emissions) is firmly focused on creating environmentally friendly premises has led Indian developers to augment their products to meet the requirements. Singapore, Sydney, Wellington, Perth, and Melbourne are the five green-rated cities in commercial real estate in the Asia-Pacific region.
India is the sixth-largest country in the Asia Pacific region in terms of the total amount of green bonds issued in 2021. Over the last few years, investors have been putting more emphasis on environmental, social, and governance (ESG)-focused strategies to maximize their returns. Recent years have witnessed a rapid embrace of ESG measures benchmarking in the APAC region, driven by the pressing need to reduce climate risks. In the past, adopting sustainable methods have shown to strengthen investment portfolio. With debt cost soaring, yield-seeking investors will also be compelled to move up the risk curve to secure the desired spreads, and many will gravitate to more active asset management strategies.