RICS Knowledgebase

The IVS mandatory consideration of significant ESG factors in e.g. the scope of work and report applies to all asset/liability types, not just real estate. Red Book Global Standards fully incorporate IVS. A Red Book valuation This could therefore cover farm stock.

ESG factors and the ESG regulatory environment should be considered in valuations to the extent that they are measurable and would be considered reasonable by the valuer applying professional judgement. (A10.06).