IBM and JLL Announce Global Sustainability Solution

Author

Slice of Real Estate Team
July 18, 2024

Key Highlights:

  • IBM Envizi technology powers JLL's sustainability services.

  • Global rollout targets thousands of JLL clients.

  • Focus on ESG reporting and data management for CRE sector.

  • Addresses decarbonization strategies and data capture across portfolios.

  • Supports net zero carbon goals by 2025.

Source (PR Newswire)

Notable Quotes:

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"As ESG reporting requirements are increasingly mandated, our clients rely on us to help deliver decarbonization strategies across their portfolios. We identified IBM Envizi as our preferred solution that will allow our expansive team of sustainability subject matter experts to provide more robust reporting and data management around these strategies."

Guy Grainger, Global Head of Sustainability Services at JLL
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"Now more than ever, organizations need ESG data to underpin their sustainability performance initiatives and reporting. We look forward to working with JLL to enable their customer base with our AI-infused, specialized software to meet their evolving business needs."

Kendra DeKeyrel, Vice President of ESG and Asset Management at IBM

Our Take:

The collaboration between IBM and JLL marks a significant step forward in addressing the complex sustainability challenges faced by the commercial real estate sector. By leveraging IBM Envizi's advanced ESG reporting and data management capabilities, JLL's clients can more effectively capture and manage sustainability data across their real estate portfolios. This integration is crucial as organizations strive to meet increasing ESG reporting requirements and achieve their decarbonization goals. The emphasis on robust data management and the anticipated market demand for low carbon office space by 2025 underscores the critical role of technology in driving sustainable real estate practices.