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Environmental, social, and governance (ESG) issues are increasingly central to investment decision making. Properly implemented ESG programs, at both institutional investors and investment managers, can help foster a sustainable and socially responsible future, without sacrificing investment performance. To recognize PREA members at the forefront of ESG within real estate investing, and to provide the industry with examples of best practices in ESG, PREA has established the annual PREA Real Estate Investment ESG Awards.