Sustainability

LaSalle is a signatory to the Net Zero Asset Managers initiative and has committed to support the goal of reducing Scope 1 and 2 landlord-controlled operational carbon emissions in our portfolio of directly managed properties to net zero by 2050 or sooner, in line with international efforts to limit global warming.

Any sustainability commitments we make are subject to our fiduciary duty and as may be reflected in the clients’ governing documents or as may be required by applicable law, rule, or regulation.

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 PRI principles. In its most recent Assessment Report in 2023, LaSalle achieved four stars in the categories pertaining to Policy Governance and Strategy, Direct – Listed Equity – Active Fundamental, and Confidence Building Measures, as well as achieving three stars for Direct Real Estate.

For more information about UN PRI and its ESG benchmarking and reporting for real estate, please visit  unpri.org

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 2023, LaSalle submitted over US $43.5 billion in assets under management to GRESB. Assessment results for our open-end funds provide existing and potential investors with ESG performance information.

In 2019, LaSalle signed on as a supporter to the Taskforce on Climate-related Financial Disclosures, signaling our intent to incorporate climate risk into our investment decisions and investor reporting.

In 2023 TCFD announced it will be disbanded and incorporated into IFRS S2 Climate-related Disclosures. Learn more about TCFD here.

LaSalle has aligned with ULI Greenprint Center for Building Performance goal to reduce landlord-controlled operational carbon emissions of LaSalle’s global portfolio of managed assets to which the framework is applicable to Net Zero Carbon (NZC) by 2050.

LaSalle is a charter member of ULI Greenprint Center for Building Performance, one of the largest global collection of transparent, verifiable, comprehensive data about the environmental performance of buildings. It 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.