LaSalle strengthens European sustainability team with hat trick of strategic hires
LONDON (January 31, 2022) — LaSalle Investment Management (“LaSalle”) has enhanced its sustainable investment and asset management capabilities with a hat trick of strategic hires, positioning the firm to continue delivering on its Environmental, Social Responsibility and Corporate Governance Policy (ESG) goals.
Alex Edds has joined LaSalle as Head of Sustainability Europe. He brings over 15 years’ experience in the real estate market advising leading companies on sustainability, innovation strategies and implementation. Joining from Jones Lang LaSalle (JLL), where he served as Director of Innovation, Alex is an established thought leader in the sustainability sector and sits on several boards where he advises clients on future-proofing portfolios for upcoming market needs. In his new role, Alex will report into Philip La Pierre, Head of Europe, to further develop the firm’s philosophy, policies and practices. He will also sit on LaSalle’s Global Sustainability Committee, led by Tim Kessler, Global COO, and David DeVos, Global Head of ESG, and lead the European Sustainability Task Force.
Completing the hat trick of appointments are Brett Ormrod, who joins as Net Zero Carbon Lead, and Adam Dawson, who will serve as UK Sustainability Manager. A trained mechanical engineer, Brett brings a wealth of technical sustainability experience, previously working at Lendlease where he delivered its Net Zero and Absolute Zero Carbon agenda across large urban regeneration projects in the UK. Brett has also advised several major corporations on integrating sustainability into their office buildings and designs. Adam was previously Interim Head of Operations (Asia) for Reall for six years, leading on climate-smart affordable housing projects and partnerships in Pakistan and Nepal as well as providing technical support across the global portfolio.
As a founding signatory to the Better Building Partnership Climate Change Commitment, LaSalle published its European Pathway to Net Zero Carbon by 2050 and became an approved signatory to the UK Stewardship Code last year. The hires complement the firm’s holistic Net Zero Carbon strategy which integrates sustainability standards in all stages of the investment strategy from acquisition, development and operations to refurbishment and disposal.
Philip La Pierre, Head of Europe at LaSalle Investment Management, said: “These strategic hires are an important statement of intent and demonstrate our commitment to investing in a more sustainable future. They will help us meet our goals of going beyond environmental regulations and requirements to minimise the carbon footprint of our portfolio and achieving net zero by 2050. I look forward to working with Alex, Brett and Adam as we continue to integrate environmental considerations into our investment and portfolio strategies across Europe.”
The new appointments arrive following a year of landmark ESG achievements for LaSalle, both globally and across Europe, and will bolster the sustainability team to build upon this success. In 2021, LaSalle submitted 14 GRESB Assessments, comprising a range of commingled funds, its listed REIT in Japan, and three separate account mandates in Europe. All 14 submissions were awarded GRESB Green Stars, a recognition based on high management and performance scores within the GRESB Ratings. Across these submissions, LaSalle achieved five 5-star GRESB ratings, the highest attainable, along with three 4-star and four 3-star ratings, plus two 2-star ratings. In 2020, LaSalle earned one 5-star and five 4-stars.
The LaSalle E-REGI fund was named a regional GRESB Sector Leader in the “Diversified – Office/Industrial” category. Entities with the top GRESB Score, as well as entities with a score within 1 point of the top score in a category, are recognized as Sector Leaders.
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.
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