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
| Mar 27, 2013
CEIR releases tool that measures energy, environmental benefits of roof systems
The Center for Environmental Innovation in Roofing (CEIR) released its new RoofPoint Energy and Carbon Calculator that is designed to help roofing professionals measure the energy and environmental benefits of modern roof system technologies.
| Mar 27, 2013
Sustainable wood controversy leads to LEED ‘backlash bill’ in Florida House
A Florida House bill that says state agencies should decide on a project-by-project basis which green certification standards are used on state construction passed a subcommittee vote 12-1.
| Mar 19, 2013
Colorado Zero Energy District project shows how businesses can reach zero-energy standard
An ambitious experiment in Fort Collins, Colo., is supporting development of the nation’s first major urban zero-energy district.
| Mar 19, 2013
New LEED for Neighborhood Development and Historic Preservation guide released
A new guidance manual, LEED for Neighborhood Development and Historic Preservation, outlines strategies geared towards helping building teams incorporate historic resources into their developments.
| Mar 19, 2013
Senate bill would reform EPA’s lead renovation, repair, and painting rules
A bill to reform the EPA’s Lead Renovation, Repair, and Painting Rule (LRRP) was recently introduced in the U.S. Senate.
| Mar 19, 2013
Boston mayor’s energy efficiency disclosure rule under fire
A proposed ordinance in Boston mandating energy audits is coming under criticism from the Greater Boston Real Estate Board and others as being too costly and intrusive.
| Mar 18, 2013
USGBC to GAO: 'Schools need over $271 billion in maintenance fixes'
The Center for Green Schools at the U.S. Green Building Council (USGBC) has released its first “State of our Schools” report, highlighting the critical need to modernize school facilities to meet current health, safety and educational standards.
| Mar 14, 2013
Survey: Market demand now key driver for green construction
Construction firms across the world expect 60% of their projects to be environmentally friendly by 2015, according to the SmartMarket Report of McGraw-Hill Construction.
| Mar 14, 2013
Possible tax code changes prompt action from various industries, including construction
With Congress potentially tackling tax reform, businesses, trade groups and others are jockeying to get their voices heard.
| Mar 14, 2013
Concrete Polishing Association of America releases new standards
The Concrete Polishing Association of America(CPAA) Standards Committee, which reflects a cross-section of the concrete polishing industry, has created terminology to define the products and processes used to produce insitu polished concrete.
