Today, when it comes to raising responsible investment standards, institutional rigour is a more likely driver of change than government legislation.

The past year has seen investors push for higher levels of institutional scrutiny across all sectors, particularly the private rented sector (PRS), industrial and logistics, and offices. This new analysis has led to many investors now re-assessing their legacy investments against their new and emerging standards.

The key for investors is to remain focused on their business case, and to ensure that every decision made by project managers aligns with it. For example, in a scenario where a developer is proposing to use a combustible material within a building, an experienced project manager should step in and question the wisdom of such a decision. Even though the material in question may be entirely compliant with building regulations, it may create risk for the investor by affecting liquidity further down the line. By step