Sustainable Investment Guidelines – linking sustainability into the investment decision
The single largest investor in capital works is the public sector, but it’s the same sector that struggles with some of the fundamentals of sustainable investment. Key challenges include: • the prioritisation of construction over operational spends; • a lack of focus on long term benefits realisation at the expense of immediate delivery pressures; • a narrow definition of sustainability, often singularly toward environmental (as opposed to social or economic) issues; • and a fundamental disjoint between sustainability and the investment decision. Major Projects Victoria and AECOM have tackled the issue by developing guidance that explains why and how to …