As part of our content series, The Future We Must Create, we spoke to three signatories based in the Asia-Pacific and worked with local artists to bring their vision of a better future to life. For JLL, a better future is one in which our buildings support the wellbeing of our communities and the natural environment.
The pandemic has not only changed the way communities live, work and interact, it has also shown us how the natural world can deeply impact our economy and livelihoods. Rising temperatures and ocean levels can do the same, if we do not significantly and immediately reduce carbon emissions. The built environment accounts for 40% of total direct and indirect carbon dioxide emissions globally. Many of the world's major cities have imposed requirements that all new buildings are net-zero carbon by 2030 and all buildings are net-zero carbon by 2050. But with approximately 80% of existing building stock expected to still be standing in 2050, meeting this net-zero carbon goal is a monumental challenge for the real estate sector.
With a vision to shape the future of real estate for a better world, JLL joined The Climate Pledge in 2021, committing to achieving net-zero carbon emissions by 2040 and becoming the first real estate company in the world with a net-zero target validated by the Science Based Targets initiative (SBTi). The company focuses its sustainability program on three key issue areas: climate action for sustainable real estate, healthy spaces for all people, and inclusive places for thriving communities.
JLL supports real estate developers on their net-zero carbon transitions. Some of this work includes:
- Helping clients achieve 390 sustainable building certificates in 2021 (+30% vs. 2020)
- Diverting 65,301 metric tons of carbon dioxide through JLL’s consultation on clients’ renewable energy projects—a three-fold increase in 2021 compared to 2020
- Partnering with leading institutions in Australia to improve the sustainability of city landmarks like the ANZ Centre in Melbourne. (The ANZ Centre houses 6,500 people—as many as a small town—within the largest single-tenanted office building in the country.) JLL worked in close collaboration with ANZ to transition the building’s operations to use clean solar power, which will contribute to its 2025 goal of achieving 100% renewable energy for its Australia operations.