Environmental and sustainability valuation

Environmental and sustainability issues are increasingly important in the appraisal and valuation of land and property.

Chartered surveyors completing valuations are therefore expected to have a comprehensive awareness of sustainability matters (see Background and context), including the key aspects of environmental, social and economic factors, and how they influence the behaviours of  market participants.

Valuers have a key role to play in building sustainability and environmental considerations into property valuation. This has been reinforced in RICS Valuation – Global Standards effective 31 January 2025, which provides new requirements and recommendations for valuers when considering the impact of environment and sustainability on value.

This section is updated by David Marshall, JLL.

RICS standards: RICS Red Book Global Standards

RICS standards: Sustainability and ESG in commercial property valuation and strategic advice

RICS standards: Valuation of assets in the commercial renewable energy sector

Checklist: Sustainability considerations: valuation checklist

Checklist: Contamination and environmental information: valuation checklist

RICS journal article: How can valuers break ESG valuation deadlock?