New York, NY — A coalition of more than 60 professional bodies and standards setting organizations worldwide, launched a global consultation on ethics principles for those working in land, property, construction and infrastructure. Property and the built environment play a huge role in our lives as well as being a major contributor to the economy worldwide. Ethics guides the behavior 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.
“FIABCI is enthusiastically supporting the introduction of new ethical and professional standards which will provide structure, clarity, greater responsibility and value within the real estate and real estate-related industries,” said Danielle Grossenbacher, FIABCI World President. 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 International Ethics Standards. Tony Grant, past FIABCI world president and deputy chair of the IES Coalition explained: “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.”