At LaSalle, we focus on understanding ways sustainable actions taken today can drive performance, for a better tomorrow.
Featured achievements
- GRESB: Based on the 2023 Global Real Estate Sustainability Benchmark (GRESB), 20 of the firm’s funds and separate accounts, domiciled across Europe, North America, and the Asia Pacific region, have been recognized again for their ESG standards. Learn more about GRESB here.
- ENERGY STAR: LaSalle is a 2023 ENERGY STAR Partner of the Year. Learn more about the awards here.
- New Private Markets Awards 2023: LaSalle has been recognized as Real Estate Firm of the Year (ESG) at the New Private Markets Awards 2023 in recognition of steps taken to embed sustainability across operations in Europe. Learn more about the awards here.
- WELL Health-Safety: LaSalle earned WELL Health-Safety Ratings for 199 office and multi-family properties in North America and Asia Pacific through the International WELL Building Institute following the successful completion of third-party documentation review by GBCI to confirm it has met the feature specific intents and requirements. Learn more about WELL Health-Safety Rating here.
Across our geographies and business lines, we’re committed to exploring solutions and uncovering opportunities where sustainability can drive investment performance. This includes looking for ways to protect and enhance asset and portfolio value through decarbonization efforts, meeting investors’ needs and prioritizing the future of our communities and our planet.
We’re dedicated to meeting our decarbonization commitments, ensuring we make meaningful progress toward our net zero targets, all in accordance with our fiduciary obligations.
We actively engage in industry collaborations and discussions to share best practices and drive transparency, so we can collectively work to make a more significant impact on global carbon emissions.
Learn about what we’re doing in the areas of:
Environmental initiatives
As fiduciaries, we understand environmental sustainability and creating a cleaner, healthier world can be a winning part of an investment strategy.
We are focused on:
- Climate risk
- Decarbonization
- Energy savings
Social initiatives
Contributing to the strength of our communities is important to many of our investors, employees and stakeholders. That’s why we invest time and resources into giving back and celebrating our mutual success.
We are committed to:
- Driving a Culture of Care
- Partnering with strategic stakeholders to support our initiatives
- Prioritizing healthy and safe practices and the wellbeing of our stakeholders
Strong governance
We drive ethical, compliant, forward-thinking, and transparent ESG policies across all business lines.
To drive strong governance, we:
- Report
- Disclose
- Monitor
- Update
Environmental reporting
We strive to be an industry leader in responsible investment. As part of our commitment to ESG principles, we have partnered with leading global organizations to monitor and report on our progress. This allows us to learn, share our expertise, and improve our own ESG performance.
Climate Action Plan and NZC Commitments
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.
PRI
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 assessments
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.
Task Force on Climate-related Financial Disclosures (TCFD)
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.
ULI Greenprint Net Zero Carbon x 2050
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.
ULI Greenprint Center collaboration
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.