Proptech drives new JLL decarbonisation service

JLL has launched a new proptech-powered decarbonisation advisory service. 

The new Decarbonization Strategy business line aims to help corporate real estate owners and investors understand their carbon footprint and develop a data-driven investment roadmap to create and protect value across their real estate portfolio. 

The service uses Carbon Pathfinder, JLL’s new software as a service technology, which “provides investment planning insights to support carbon reduction goals,” the firm said.

“Combining local technical expertise with unique technology, we can effectively and quickly guide companies through their entire decarbonisation pathway,” said Guy Grainger, global head of sustainability services & ESG at JLL. “This offering provides a quick, step-by-step process for organisations to manage risk and unlock value on real estate portfolios across asset classes and geographies.”

Carbon Pathfinder was developed by JLL Technologies, the broker’s in-house technology division. It forecasts climate transition risk for investors and occupiers, so they can plan capital projects and evaluate returns.

Sharad Rastogi, CEO of JLL Technologies’ Work Dynamics Technology group, said: “Carbon Pathfinder allows decision makers to explore various decarbonisation scenarios and determine which ones will maximize their sustainability investment—while minimising their risk.”