ESG in the Valuation Process: a survey [Online publication]
Language: English Publication details: London, International Valuation Standards Council, March 2024Subject(s): Online resources:| Item type | Current library | Status | |
|---|---|---|---|
| Online material | Virtual Online | Available |
In 2022 the IVSC set up an ESG working group comprising representatives of the IVSC Standards Review Boards, stakeholders, and external specialists to further discuss market needs. As part of this process, the ESG working group felt that it was important to carry out a regular survey of valuers and other stakeholders to understand where they are in their journey towards the quantification of ESG components within their valuations. Gathering data via a survey This is particularly important as the role of standard setters is not to lead the market but to develop standards to meet market needs. The latest survey relates to all types of valuations including valuations for financial reporting, market capitalisations, secured lending and tax reporting purposes and will only take approximately 5 to 10 minutes to complete. The survey will run between the 28th March 2024 and the 31st May 2024. Once the survey has been completed, the IVSC will compile the results and publish a report. The report will provide insights on the present stage of ESG in valuations and what valuers are presently seeing in their markets.
In 2022 the IVSC set up an ESG working group comprising representatives of the IVSC Standards Review Boards, stakeholders, and external specialists to further discuss market needs. As part of this process, the ESG working group felt that it was important to carry out a regular survey of valuers and other stakeholders to understand where they are in their journey towards the quantification of ESG components within their valuations. Gathering data via a survey This is particularly important as the role of standard setters is not to lead the market but to develop standards to meet market needs. The latest survey relates to all types of valuations including valuations for financial reporting, market capitalisations, secured lending and tax reporting purposes and will only take approximately 5 to 10 minutes to complete. The survey will run between the 28th March 2024 and the 31st May 2024. Once the survey has been completed, the IVSC will compile the results and publish a report. The report will provide insights on the present stage of ESG in valuations and what valuers are presently seeing in their markets.