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 | Jan 17, 2018
Green Building Initiative acquires global rights to Green Globes from JLL
Transaction allows GBI to expand operations to Canada and elsewhere.
Codes and Standards | Jan 16, 2018
Engage code officials early for better building performance, predictable enforcement expectations
White paper says code officials should be collaborators and facilitators.
Codes and Standards | Jan 12, 2018
Arlington County, Va., earns first LEED for Communities Platinum Certification
Honor recognizes efforts to reduce greenhouse gas emissions, manage stormwater.
Codes and Standards | Jan 11, 2018
TRUE Zero Waste provides roadmap to divert waste away from landfills
USGBC program signs on more than 130 companies or facilities for certification.
Codes and Standards | Jan 10, 2018
Sliding-scale proposal for civil damages resulting from construction fatalities, injuries draws ire of trades
New York City Council proposal puts limits on penalties for safety violations leading to death, serious injury.
Codes and Standards | Jan 9, 2018
Federal appeals court orders EPA to revise lead standard within a year
Current exposure levels for lead in paint and dust have been in place for 17 years.
Codes and Standards | Jan 5, 2018
Building code officials should vet building product evaluation methods
Evaluation service providers should be properly accredited.
Codes and Standards | Jan 4, 2018
U.S. military needs to do more to address climate change risk for facility design
GAO report cites hundreds of overseas facilities in peril.
Codes and Standards | Jan 3, 2018
China Construction America faces billions of dollars in liability in lawsuit
Court filing alleges massive fraud and breaches of contract in Baha Mar Resort Project.
Codes and Standards | Jan 2, 2018
Smart building tech can reap utility savings of 8% to 18% in commercial buildings
Potential for increased deployment of smart building technology is great beyond early adopters.
