A coalition of more than 60 professional bodies and standards setting organisations worldwide, have launched a global consultation on ethics principles for those working in land, property, construction and infrastructure.
Collectively representing many hundreds of thousands of professional practitioners, the IES Coalition is calling on those in the built environment to submit their feedback on the new industry standards.
Ethics guides the behaviour of property professionals and builds trust in the profession. Producing one set of International Ethics Standards for real estate and related professions will help to bring greater transparency and consistency to global property markets. The Coalition believes that this will de-risk property and BE markets for investors, businesses and the public at large and help to reassert the role that ethics plays in the global property profession.
Peter Bolton King, chair of the International Ethics Standard Coalition said: “The new standard has been written by a group of independent industry leaders and international ethics and compliance experts appointed by Trustees of the IES Coalition. Included in the group are prominent real estate representatives from Russia, China, France, the USA, Germany, Brazil, Japan, Malaysia, Canada and the UK.
“The IES Coalition is organising this three month consultation to ensure that the final version is high quality, understood and accepted by all participating organisations, practitioners and their clients. Relevant organisations and individuals throughout the world are invited to respond.”
