On January 1st, Tina Paillet FRICS became the 142nd President of RICS.
Tina is CEO & Co-Founder of Circotrade, a technologically-enabled trading platform and innovative futures contract designed to facilitate and unlock the future value of a building’s materials. Circotrade uses the power of finance to combat the climate change impacts of the built environment through decarbonisation and the circular economy.
As an international real estate executive, Tina has over 25 years of experience including 12 years developing and leading one of the world’s largest real estate asset managers, with 32 billion euros of assets under management. She has overseen global asset management, major development projects and sustainable investing across Europe, the UK and globally. Tina has also been leading green transformation in the sector by launching Europe’s first Green Bonds and developing decarbonisation strategies in line with Net Zero Asset Owner Alliance commitments.
A RICS member since 2011, Tina sat on the RICS Europe World Regional Board for 3 years before becoming Chair of the Board in 2017 and then Senior VP in 2021. The board’s special focus during her term as Chair was to prepare members for technological changes, including AI, robotics, and block chain among others, and new ways of working, and their impacts on cities and commercial property.
Tina joined the RICS Presidential Team in 2021 and was Chair of the Steering Group that developed the RICS Strategy Future Foundations, which sets out the goals for the next three years: enhance member value and engagement; attract a diverse next generation; strengthen trust in the profession; lead and influence on sustainability.
During her term, Tina will advocate for the whole profession and will look to progress all four pillars of the 3-year strategy, with a particular focus on sustainability, principally the circular economy and decarbonisation.
She explained: “It is clear that the sector is an essential component in the fight against climate change and for the better protection of our planet’s resources and biodiversity. We are the main facilitator for decarbonising buildings and infrastructure, and for making our cities more resilient.
“Our contribution to the world’s environmental challenges is under scrutiny and this will likely only increase. However, as a profession, we have the opportunity to lead the industry, ensuring we meet these heightened expectations.”
As part of this, the new President plans to drive uptake of the recently launched whole life carbon assessment standard, and is convening a forum that will support the sector to embrace the circular economy.
Setting out her vision for the year, Tina said: “The surveying profession will become the sought-after expert advisor on sustainability by providing data to inform decisions and build confidence in society’s efforts to mitigate and adapt to climate change.
“RICS will ensure that professionals in the built and natural environment are well-equipped to take advantage of the huge opportunities presented by the need to quantify, manage, plan for, and report on sustainability.”