JLL Commits to Net Zero by 2040

JLL aims to achieve net-zero by 2040 while enabling its client base to decarbonize their portfolios by this time through actively partnering with them toward real estate carbon reduction and sustainability. JLL expects 95% of the firms’2018 baseline greenhouse gas emissions to be fully abated, and any residual offsets required will be limited to no more than 5% of that baseline.

JLL has become a signatory of several landmark initiatives, including:

• The Paris Agreement: aligned to the 1.5°C ambition which aims to limit the global temperature increase in this century to the same amount above preindustrial levels to substantially reduce the risks and impact of climate change.
• The Climate Pledge: a commitment by the firm to being net zero by 2040; ten years ahead of the Paris Agreement. Signed May 2021.
• World Green Building Council Net Zero Carbon Building Commitment: positions energy efficiency as a central component to achieving decarbonization across global real estate portfolios along with generating and procuring renewable energy to meet reduced energy demand. Signed September 2020.

JLL will publish a report on pathways to net zero ahead of this year’s COP26 United Nations Climate Change Conference.