LaSalle joins US DoE’s Better Climate Challenge

LaSalle Investment Management (“LaSalle”) announced that it has signed on as an inaugural partner in the US Department of Energy’s (DOE) Better Climate Challenge (BCC). Through the BCC, organizations can partner with DOE to reduce portfolio-wide scope 1 and 2 greenhouse gas (GHG) emissions by at least 50 percent within 10 years.

US Secretary of Energy Jennifer M. Granholm, said: “Better Climate Challenge partners like LaSalle Investment Management are committing to decarbonize across their portfolio of buildings, plants, and fleets and share effective strategies to transition our economy to clean energy. Their leadership and innovation are crucial in our collective fight against climate change while strengthening the U.S. economy.”

Elena Alschuler, Americas Head of Sustainability, added: “We’re proud to be an inaugural partner in the Better Climate Challenge, and strongly believe in its mission to reduce greenhouse gas emissions. This aligns with our continued efforts, through multiple regional and global commitments, to reduce the carbon footprint of our portfolio not only to help preserve the environment, but also to help drive returns for our investors through reduced energy use and lower operating costs.”

LaSalle’s partnership with DOE furthers its longstanding commitment to reduce emissions. Over the past several years, LaSalle has aligned with other leading initiatives globally, including the United Nations Net Zero Asset Managers initiative and the Urban Land Institute’s Greenprint Center for Building Performance Net Zero Carbon Goal. These commitments are just part of LaSalle’s broader sustainability philosophy of embedding sustainable practices across the business. LaSalle believes that integrating ESG into its day-to-day work is the most effective method to maximize investment performance for clients while minimizing its impact on the environment.

About LaSalle Investment Management

LaSalle Investment Management is one of the world’s leading real estate investment managers. On a global basis, we manage approximately $77 billion of assets in private equity, debt and public real estate investments as of Q4 2021. The firm sponsors a complete range of investment vehicles including open- and closed-end funds, separate accounts and indirect investments. Our diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. For more information please visit www.lasalle.com and LinkedIn.

NOTE: This information discussed above is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made to certain qualified investors by means of a private placement memorandum or applicable offering document and in accordance with applicable laws and regulations. Past performance is not indicative of future results, nor should any statements herein be construed as a prediction or guarantee of future results.