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
Codes and Standards | Apr 25, 2019
Report: Contractors invest $1.6 billion in workforce development annually
ABC members increased training spending 45% from 2013, according to a new report.
Codes and Standards | Apr 25, 2019
New York City’s Green New Deal would ban all-glass skyscrapers
The ambitious plan would also boost affordable housing, reduce building emissions, and update codes to account for sea level rise.
Codes and Standards | Apr 25, 2019
Chicago, Houston, and Dallas deemed ‘most dangerous cities for migratory birds’
The three cities are in the heart of North America’s most trafficked aerial corridors.
Codes and Standards | Apr 19, 2019
Notre Dame fire highlights danger of renovating historic structures
The devastating fire at Notre-Dame de Paris is the latest blaze to damage or destroy historic buildings while undergoing renovations. It highlights how vulnerable such structures are to fire while undergoing repairs.
Codes and Standards | Apr 19, 2019
Developers and owners can now join AIA 2030 Commitment
Organization offers tools and resources for working toward net-zero design.
Codes and Standards | Apr 19, 2019
New method of manufacturing cement removes CO2 from the air
Breakthrough could have significant impact on reducing greenhouse gas emissions.
Codes and Standards | Apr 12, 2019
Deadline nears on New York City sprinkler requirement for tall office buildings
The mandate applies to all buildings regardless of when constructed.
Codes and Standards | Apr 8, 2019
LEED v4.1 now available for cities, communities, residential/homes
The rating system emphasizes performance monitoring, fully integrated design, social equity, and human health.
Market Data | Apr 8, 2019
Engineering, construction spending to rise 3% in 2019: FMI outlook
Top-performing segments forecast in 2019 include transportation, public safety, and education.
Codes and Standards | Apr 5, 2019
Manhattan expected to adopt congestion pricing plan for automobiles
New York would be first U.S. city to charge drivers extra for downtown motoring.
