Country-Specific Info

SUSTAINABILITY

Investing in our future.

LaSalle’s primary objective in all of our activities is to deliver superior investment results for clients. We believe that environmental, social and governance best practices will enhance the performance of our clients’ investments.

UN PRI SCORE

A+

Principles for Responsible Investment: Strategy & Governance

GRESB

$9.78B

AUM submitted in 2017

CERTIFICATIONS

125+

Sustainability Certifications

OUR COMMITMENT

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We are dedicated to helping our clients achieve their sustainability goals.

​​LaSalle’s Environmental, Social Responsibility and Corporate Governance Policy articulates the following goals:

  1. Minimize the environmental impact of client properties, monitor climate change effects and improve investment performance

  2. Reduce the environmental impacts of our business operations in conjunction with our sister company, JLL

  3. Deliver the best solutions to our clients by meeting and exceeding environmental regulations and requirements

  4. Collaborate with stakeholders to ensure optimal sustainability solutions in property management while maximizing investment performance

  5. Drive innovation on sustainable property investment

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DTU+E – Environmental Factors

In 2016, LaSalle added a fourth secular trend to the “DTU” secular drivers of demand we identified seven years ago for real estate investors to focus on in the next decade and beyond: environmental factors.

Our report Environmental Factors & Real Estate Demand reveals that environmental factors are closely linked to demographics, technology and urbanization (DTU) and updated our investment strategy: “DTU+E.”

The goals of our report are:

  • To explain why environmental factors are integral to investment analysis and to show how our thinking about E-Factors at LaSalle continues to evolve
  • To survey the range of regulatory and voluntary programs around the world that promote “sustainability”, “green buildings” and “resilience” (as well as the interpretation of what these terms mean)
  • To introduce frameworks that establish the linkages between superior investment performance, improved environmental performance, and the risk-return trade-offs inherent in pursuing both goals simultaneously

ESG IN ACTION

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LaSalle believes that integrating ESG into our day-to-day work is the most efficient method to maximize investment performance for our clients while minimizing our impact on the environment.

GLOBAL SUSTAINABILITY COMMITTEE

Led by the firm’s Global CEO and dedicated Global Sustainability Officer, our Global Sustainability Committee is comprised of professionals across all business functions in each region and LaSalle Securities.

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    JEFF JACOBSON Chairman
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    ERIC DUCHON Global Sustainability Officer

ENERGY & SUSTAINABILITY TASKFORCES

Led by each Sustainability Officer, our Energy & Sustainability Taskforces are empowered to embed ESG best practices in order to positively impact our operations.
Eric Duchon Sustainability Officer, Global & Americas
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Industry Leadership: Energy Efficiency

In 2017, LaSalle became a US EPA ENERGY STAR Partner joining thousands of firms who are committed to benchmark and improve energy performance. LaSalle understands the direct impact that reducing energy consumption in our managed portfolio has on investment performance.

Industry Leadership: Health & Wellness

LaSalle is proud to be one of the first Fitwel Champion’s committed to supporting individual and community health through the design and operations of our clients’ investments.

70+ Sustainability Certifications

LaSalle has achieved over 70 sustainability certifications such as Energy Star, Green Globes, BOMA BEST & LEED in the Americas Portfolio.

Tom Miller Sustainability Officer, Asia Pacific
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Building New Sustainable Assets & Improving Older Buildings

LaSalle tailors operational sustainability solutions to each asset that seek to improve the asset's sustainability profile while enhancing investment returns.

Sustainability Certifications

LaSalle invests in new development assets that seek the highest sustainability ratings such as DBJ, CASBEE, & NABERS in order to enhance the investment performance of these assets.

Industry Leadership: Reporting

LaSalle is among the first investment managers to comply with the new ANREV Sustainability Reporting Guidelines demonstrating our commitment to increasing visibility and insight into our Fund’s ESG efforts.

Sophie Carruth Sustainability Officer, Europe
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2018 European Sustainability Report

Our European Sustainability Report highlights key sustainability achievements since the launch of our innovative new strategy in 2017.

European Sustainability Policy

Our European Sustainability Policy sets out our ambitious ESG strategy and aspirations to 2020 in the region. This involves a long-term, holistic approach to business and investment management at all levels:

  • Sustainable investment culture
  • Future-focused investment strategies
  • Resilient investment management

Development and Refurbishment Standards

LaSalle ensures all new developments are in line with our Sustainable Development & Refurbishment Standards to ensure they are fit for the future. This document sets out our commitments with both our aspirations and minimum standards for the design, construction and management of sustainable property development.

Industry Leadership: Overcoming Challenges

LaSalle is an active member of the UK Better Buildings Partnership, leading the commercial industry to enhance the sustainability of the existing building stock.

Yelena Diggs Sustainability Officer, Global Securities
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LaSalle Securities actively seeks to outperform the investment universe by focusing on investing in the most sustainable companies that do the most to have a positive impact on the world.
 

Our Approach

  • Engage companies in our investment universe
  • Encourage companies to manage ESG issues
  • Focus on the factors directly related to owning and operating real estate
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Reporting & Partnerships

LaSalle prides itself on being an industry leader in ESG best practices. Partnering with global and national organizations demonstrates our commitment to ESG, allows us to learn, share our expertise, and grow our own ESG platform.
  • ULI Greenprint

    473 Assets Monitoring Consumption

    LaSalle is a charter member of ULI Greenprint Center for Building Performance, the largest global collection of transparent, verifiable and comprehensive data about the environmental performance of buildings, which tracks a growing number of LaSalle-managed assets under operational control. The ULI Greenprint Center for Building Performance is a catalyst for change, taking meaningful, immediate and measurable actions to generate real estate solutions that improve the environment through energy efficiency while demonstrating the correlation with increased property values.

  • GRESB

    Green Star Status

    GRESB (Global Real Estate Sustainability Benchmark) is an industry-driven organization committed to assessing the sustainability performance of real estate portfolios (public, private and direct) around the globe. In 2017, LaSalle submitted $9.78B in assets under management to GRESB. Assessment results for our open-end funds provide existing and potential investors with ESG performance information.

  • UN PRI

    A+ Scoring

    LaSalle has been a signatory of the United Nations-backed Principles for Responsible Investment since 2009 and has made a commitment to report on the progress toward the six principles of the PRI. In its most recent PRI Assessment Report in 2017, LaSalle achieved was awarded strong scores across the board, including an “A+” in Strategy & Governance.

BEST PRACTICES

Americas

Asia Pacific

Europe

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Green Guide

LaSalle developed the Green Guide to educate our portfolio and asset managers on a variety of low- or no-cost sustainable operational best practices. These are designed to help reduce energy and water consumption, increase recycling efforts and reduce the overall carbon footprint of our managed real estate assets. In so doing, we anticipate that a further benefit of these efforts will be reduced operating expenses and more competitive properties in their respective markets. We believe that we will most readily achieve our sustainability objectives by collaborating with our clients, our tenants and our peers in the industry.