Reflecting the commercial real estate industry's increased emphasis on sustainability, JLL has created the new position of global head of sustainability services & ESG and moved EMEA CEO Guy Grainger into the role.  

Grainger will manage sustainability services, products and strategy, as well as JLL's 'Building a Better Tomorrow' program, which includes its annual sustainability reporting and targets. "Our strategy to decarbonize real estate through sustainability products can deliver ground-breaking results for clients," he said, "significantly improve the environment, and be tremendously inspiring for our people in the process."

JLL's new position follows on the heels of a similar play by Blackstone. Earlier this month the private equity giant hired Eric Duchon as global head of real estate ESG, a newly created position. In this new role, Duchon will work with Blackstone's global real estate asset management teams to build and scale existing environmental, social and governance efforts. He will also work with portfolio companies on sustainability, diversity and inclusion issues.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.