Global Quarterly Performance Reports

July to September 2024 Q3 Report

This report covers RICS’ performance from July to September 2024.

Putting our members at the heart of everything we do is critical in transforming the way we engage, how members experience RICS and how they derive value from the organisation.

In Q3, we continued to focus on delivering quality engagement events while responding to member feedback, ensuring high standards of service. Our initiatives this quarter reflect our commitment to sustainability, diversity, inclusion, and social and professional networks.

Download the Q3 2024 Report PDF

Candidates and Designations

111,918

number of professionals (with RICS designations)

28,109

number of candidates working towards a professional designation

1,564

new candidate enrolments

Financial update

Our Q3 year to date (YTD) operating result of £1,402,000 is slightly lower than last year’s Q3 YTD result of £1,526,000, but exceeds the budget of £1,041,000 thanks to savings on operating and project costs despite commercial margin pressure.

The savings achieved to date will be utilised to advance the RICS transformation plans, while maintaining the delivery of a positive full-year result.

Key Highlights

RICS Awards

Q3 saw celebrations of excellence across several regions, including Australia, South Asia and New Zealand.

Launch of UK Net Zero Carbon Buildings Standard

A collaborative effort between RICS and a coalition of leading UK professional institutions, industry bodies and key leaders in the field.

RICS’ response to the Grenfell Inquiry

Following the release of the Grenfell Tower Inquiry Phase 2 report on 4 September, RICS issued a formal statement.

DRS Training

For 2025, we have introduced the Women in Construction Scholarship for the RICS Diploma in Adjudication.

RICS’ National Planning Policy Framework consultation response

Over an eight-week period, RICS engaged with stakeholders to arrive at a carefully considered response to the new Labour government’s proposed reforms

Risk outlook 2024 report

This comprehensive report aims to support RICS members, RICS-regulated firms and the public by outlining regulatory trends in the year ahead.

RICS Governing Council Elections 2024

Governing Council (GC) is our highest governing body, setting our global strategy and ensuring RICS fulfils its Royal Charter obligations.

In October we announced the election of 10 new members to the Professional and Geographic seats on the GC.

Overview

The global quarterly performance reports are intended to give both employees and professionals a high-level overview of the organisation's operational performance at the end of each quarter.

For over a century and a half, our Charter has driven the surveying profession’s ultimate purpose to advance positive outcomes for the benefit of society. With our new vision for a sustainable, resilient, and inclusive natural and built environment, our strategy sets out the strategic goals that we will prioritise for the coming years. You can read more about it here.