CBRE has partnered with Johnson Controls in a bid to accelerate decarbonisation and improve energy efficiency across the globe.
Together the pair plan to expand access to turnkey efficiency upgrades and retrofit opportunities that do not require a capital outlay in markets in Continental Europe, the Middle East, Asia and the Pacific.
CBRE and Johnson Controls said they were “simplifying the complexity” of sustainability programmes across clients’ commercial real estate assets by combining scoping, development, funding, execution and performance monitoring into one programme.
Financing for sustainability and energy efficiency projects will be available from Johnson Controls for CBRE-led projects in countries in Continental Europe, the Middle East, Asia and the Pacific, augmenting and supporting existing CBRE capabilities.
CBRE chief sustainability officer Robert Bernard said: “Reducing carbon emissions across a real estate portfolio is an increasingly complex undertaking. Clients look to CBRE to simplify the challenges so they can reach their sustainability goals faster.
“This partnership eliminates the need for upfront capital that’s required to optimise building performance and drive cost savings. Working with Johnson Controls strengthens our ecosystem of partners and expands the programmes we are already driving for clients in North America and the United Kingdom, enabling local and global solutions.”
Katie McGinty, Johnson Controls vice president and chief sustainability and external relations officer, added: “One of the challenges in driving sustainability is overcoming the perception that sustainability means compromising other investments. This partnership will demonstrate that achieving business and net zero goals go hand in hand.”
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