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
Building Team | Jul 30, 2018
Construction tech is the new investment darling for VC funds
In the first half of 2018, venture capital firms invested $1.05 billion in global construction tech startups, setting a record high.
Building Team | Jun 22, 2018
What owners should know before choosing the design-build project delivery method
Outside of drawing up a well-written contract, owners often overlook a key attribute that can significantly impact the success of a design-build project, writes Skanska’s Julie Hyson.
Building Team | Jun 13, 2018
How your AEC firm's brand affects recruiting top talent
There is a major shift in workforce demographics as upwards of 80 million baby boomers retire over the next fifteen years.
Sponsored | | May 24, 2018
Water treatment facility renovation benefits from laser scanning technology
Sponsored | Building Team | May 8, 2018
5 tips to improve employee utilization (and morale)
Ways to increase productivity and revenue, while providing a supportive workplace environment
Architects | Apr 5, 2018
Tech Report 5.0: The Human Touch
Can studying humans at a behavioral level produce better buildings? Cognitive architecture experts are working to find out.
Sponsored | Building Team | Mar 28, 2018
6 strategies to keep your project on budget
Here are six strategies to keep your projects on or even under budget.
Sponsored | | Mar 14, 2018
Getting there may be costing you more
Commercial transportation is getting more expensive, and it’s driving up the price of steel.
Sponsored | Building Team | Dec 12, 2017
3 tips to address the top causes of budget overruns
The most cited issues are communication breakdowns, inadequate fees for the work provided, and unrealistic deadlines or schedules.
