According to a special report by consultancy, XDI - close to one in 10 assets belonging to Reits across Asia-Pacific will be at high risk from the effects of climate change and extreme weather by 2050.
The 2024 Singapore Governance and Transparency Index has also indicated that S-Reits commonly identified climate change as a material issue.
To get a clearer picture when it comes to the impact of climate change on Reits Rachel Kelly spoke with Lee Wei Hock, Deputy Assurance Leader, Ernst & Young LLP.