CBRE analysis: Cities in Japan and Australia most resilient to environmental risks in Asia Pacific

CBRE’s Asia Pacific Sustainable City Ranking reveals cities in Japan and Australia are the most resilient to environmental risks, and Ho Chi Minh City, Vietnam, is the most resilient emerging Asian market. Meanwhile, Jakarta, Hanoi and mainland China cities such as Beijing and Shanghai are rapidly improving their environmental resilience.

As the region continues along a path of rapid urbanization and economic growth, the variability of environmental performance across Asia Pacific markets requires commercial real estate occupiers and investors to tailor their environmental, social and governance (ESG) strategies to local market factors rather than adopt a one-size-fits-all approach, according to CBRE.

“Investors should differentiate their ESG strategies — for mature markets like Australia, Japan and Singapore, it’s a must to invest in green buildings and green financing capital should be prioritized to fund sustainability projects. Other markets in Asi