BOSTON , July 28 /PRNewswire-FirstCall/ -- Citing the company's commitment
to lead the real estate industry on environmental sustainability and energy
efficiency, the Ceres board of directors has approved Jones Lang LaSalle, a
financial and professional services firm specializing in real estate services
and investment management, as a Ceres network company. Jones Lang LaSalle is
the first real estate-sector firm among more than 70 companies to join Ceres,
a leading coalition of investors, environmental groups and public interest
organizations working with companies to address sustainability challenges.
Earlier this year, the Chicago -based company released its first
sustainability report, as well as a Global Sustainability Commitment which
includes high level targets and goals for increasing best practices for new
building construction, improving building energy consumption, increasing
employee sustainability training and education, leveraging supply chain power
procurement and measuring carbon emissions.
'We view sustainability as an essential element of corporate social
responsibility. We also strongly believe the pace of the necessary
sustainability agenda will accelerate as the revenue growth and cost savings
opportunities for companies that incorporate best practices and innovative
thinking into their business models take hold,' said Lauralee Martin, Chief
Operating and Financial Officer of Jones Lang LaSalle. 'In our goal to be the
real estate industry leader in environmental sustainability and energy
management, we are implementing these opportunities into our own operations
and those of our corporate and investor clients. We look forward to working
with Ceres, a leader in driving corporate sustainability performance to
enhance financial results.'
In 2007, Jones Lang LaSalle helped companies reduce energy consumption by
210 million kWh, thereby saving $38 million in energy costs and reducing
greenhouse gas emissions by 133,000 metric tons.
'Jones Lang LaSalle's strong commitment to sustainability is exciting and
has potential to transform an entire industry,' said Mindy S. Lubber,
president of Ceres. 'The company's top executives recognize the competitive
advantage of making its own internal operations more sustainable, but more
importantly, of helping its clients do the same, which will truly impact the
real estate industry as a whole.'
Jones Lang LaSalle clients include many Ceres network companies. The firm
was motivated to engage with Ceres to deepen its interaction with stakeholders
and expand and formalize its sustainability programs. Companies that join
Ceres must make continuous efforts to improve their sustainability performance
and overall reporting practices by engaging with investors, environmental
groups and other outside stakeholders.
About Ceres
Founded in 1989, Ceres is a leading North American network of investors,
environmental groups and other public interest organizations working with
companies to address sustainability challenges such as global climate change.
Ceres also directs the Investor Network on Climate Risk (www.incr.com),
comprised of more than 65 institutional investors who collectively manage over
$5 trillion in assets. For more information, visit www.ceres.org
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE: JLL) is a financial and professional services
firm specializing in real estate. The firm offers integrated services
delivered by expert teams worldwide to clients seeking increased value by
owning, occupying or investing in real estate. With 2007 global revenues of
$2.7 billon, Jones Lang LaSalle has approximately 180 offices worldwide and
operates in more than 700 cities in over 60 countries. The firm is an
industry leader in property and corporate facility management services, with a
portfolio of approximately 1.2 billion square feet worldwide. LaSalle
Investment Management, the company's investment management business, is one of
the world's largest and most diverse real estate with approximately $54
billion of assets under management. For further information, please visit our
Web site, www.joneslanglasalle.com.
SOURCE Jones Lang LaSalle