Futures event — Social value economics in real estate — how do we put the ​‘S’ in ESG?

‘It’s about doing the right thing for your communities. If you create a nice new shiny building, but society around you is falling to pieces, that building is not going to be shiny anymore; it’s not going to work..’

The second Benoy + Pragma Futures Series event saw a dynamic group come together for a lively and wide-ranging discussion around ​‘Social value economics in real estate.’ 

Led by Robert Bentley, Director at Benoy, and Sam Fox, Associate Director at Pragma, the group reflected on how social value is valued. Specifically, that whilst within urban development ESG evaluations, the ​‘environmental’ focus is strong, the ​‘social’ dimension sits outside most regulatory frameworks. How can all of us ensure the delivery and measurement of social governance? How do we balance commercial and social value? How, in short, do we put the ​‘S’ into ESG? 

A full report of the discussion will be published on our Design Thinking blog.