Real estate and investment management firm JLL recently launched JLL Foundation, a non-profit dedicated to making a long-term impact on environmental sustainability.
Working with Good Machine, a venture studio specializing in climate impact, JLL Foundation is helping organizations that work to mitigate climate change with a focus on the built environment. The Foundation offers zero-interest recoverable loans and reinvests returned funds.
Grantees are selected not only based on their ability to provide lasting, positive climate impact, but also on the diversity of their teams or ownership structure, and ability to scale to other countries around the world. The foundation, recognizing the need for speed in mitigating climate change impacts, is also building a network of like-minded co-investors to promote innovative solutions.
“The JLL Foundation’s aspiration to create a significant impact on climate-related issues over the next 10-20 years is well aligned with JLL’s purpose of shaping the future of real estate for a better world,” said Christian Ulbrich, JLL CEO, in a news release. “As companies everywhere focus more on achieving their own sustainability goals, providing assistance to startups that can offer solutions to environmental challenges can make a real and long-term difference.”
Related Stories
| Oct 8, 2013
ConsensusDocs offers online prequalification management application to boost industry efficiency
In collaboration with ConsensusDocs, iSqFt has launched a new online platform designed to make the prequalification process for contractors and subcontractors seeking new work more efficient.
| Oct 8, 2013
Government shutdown closes E-Verify, could hamper construction hiring
E-Verify, the online federal program used to check the immigration status of prospective hires, has been closed due to the federal government shutdown.
| Oct 3, 2013
Florida contractors worry that regulations will hamper their ability to hire
Regulations such as the E-Verify rule and the Affordable Care Act could hinder contractors from hiring additional workers, according to some Florida contractors.
| Oct 3, 2013
Fall protection violations top OSHA citations list
Violations of fall-protection standards in fiscal 2013 are again the most frequent source of citations from the Occupational Safety and Health Administration, according to its top 10 list.
| Oct 3, 2013
Arizona utility pushes for change in building codes to boost efficiency on all commercial projects
Many large construction projects in Arizona are going green by paying attention to energy efficiency, but smaller buildings that are often rented out haven't yet jumped on the bandwagon.
| Oct 3, 2013
Bipartisan energy efficiency bill stalled; may not be revived this year
The Senate spent the first two weeks of September trying to pass bipartisan energy efficiency legislation, commonly known as Shaheen-Portman (S. 1392) that would have impacted building codes.
| Oct 3, 2013
LEED credential exams will feature LEED v4 material beginning next spring
The LEED Professional Credential exams for the LEED Green Associate and LEED AP with specialty designations will feature LEED v4 material beginning in late spring 2014.
| Sep 26, 2013
Ballot period on National CAD Standards open until Oct. 13
The Ballot Comment Period to update the nation’s leading computer-aided design (CAD) standard is now open.
| Sep 26, 2013
OSHA encourages comments on respirable crystalline silica rules
The Occupational Safety and Health Administration’s proposed rulemaking for respirable crystalline silica has been published in the Federal Register.
| Sep 26, 2013
EPA’s final rule on updated ASTM standard likely to be withdrawn
The Environmental Protection Agency is expected to withdraw a direct final ruleissued in Augustregarding an ASTM standard for Phase I Environmental Site.
