Ethics in real estate, global competition launch by IES
New Delhi: The International Ethics Standards (IES) Coalition, a fast-growing group of 60 global professional bodies spanning land, real estate, construction and infrastructure, has launcheda global ethics competition.
The IES Coalition's ‘Communicating Ethics’ competition aims to capture thought-provoking ideas from built environment students and young professionals around the world.
Entries are being invited from built environment students and young professionals representing land, real estate, construction and infrastructure. Participants are being asked to consider the relationship between successful business and ethical conduct and how ethical values can be placed at the heart of businesses in these sectors.
Commenting, Mr. Sachin Sandhir, Global MD, Emerging Business, RICS said: “ “Real estate and construction sector in India has seen transformation at various stages and is now clearly more transparent, organized and professional sector than five years ago. With many globally renowned realty, Independent Property Consultants (IPCs) and architecture firms setting up and expanding their businesses’ in India, we are witnessing best global practices and ethics being followed by many companies. With this initiative we want to capture the ideas and powerful messages of built environment students and young professionals from all over the world.
The IES Coalition, of which RICS is a founding member, set up at the United Nations in New York in 2014 and is working to create the first international ethics standards for land, real estate, construction and infrastructure. The standards are scheduled to be published worldwide during 2016.
The best entries will feature in a multi-media presentation and all participants will be fully credited. The winner will receive a monetary prize of $250* prize or currency equivalent and be profiled on the IES website alongside shortlisted candidates.
Eligible participants simply have to email answers to one or more of the five competition questions (outlined in the IES Competition Questionnaire) in no more than 100 words. All written entries must be emailed to firstname.lastname@example.org with a head and shoulders photo by Friday January 29, 2016. Filmed answers must also be submitted by this date and be clearly labelled (see explanatory note and competition questionnaire).
information can be found here:
NOTES to Editors
· The global IES Coalition, represents many thousands of qualified property professionals from around the world, andis working with the independent Standards Setting Committee (SSC) which is writing the International Ethics Standards consisting of high-level principles which will be implemented through codes of conduct owned by Coalition organisations.
· IES will benefit all stakeholders with an interest in property by creating a common language for ethics and shared understanding about the standards of conduct which real estate professionals should work to.
· IES is being developed and implemented by a growing international Coalition of leading property professional bodies and trade organisations, representing professionals across the world’s multi-trillion dollar property sector.
RICS promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure. Our name promises the consistent delivery of standards – bringing confidence to the markets we serve. We accredit 118,000 professionals and any individual or firm registered with RICS is subject to our quality assurance. With offices covering the major political and financial centres of the world, our market presence means we are ideally placed to influence policy and embed professional standards. We work at a cross-governmental level, delivering international standards that will support a safe and vibrant marketplace in land, real estate, construction and infrastructure, for the benefit of all.