JLL makes it to the Bloomberg Green ESG 50 companies in Greater China

Shanghai, 7 Mar 2024 – JLL has been named to the Bloomberg Green ESG 50 List in Greater China recently, and as the only real estate firm made to the list, the firm is recognized for its exceptional ESG contributions in the Enterprises category. This recognition reflects the industry's acknowledgement of JLL’s commitment to ESG, sustainability and decarbonization through its business interactions across the whole lifecycle of real estate development and its influence in the city development and urban regeneration arenas.

Bloomberg Green ESG 50 is an annual list compiled and published by Bloomberg Green in China. 2023 marks the first ESG 50 list release. The list includes both public and private companies. Bloomberg's ESG scoring methodology is characterized by a bottom-up, model-driven method driven primarily by self-reported, publicly available information that results in a fully transparent, parametric, rules-based scoring framework. It features qualitative input from research analysts and industry experts, statistical and data science techniques, factor analysis and some incentives for improved transparency and disclosure, so that the best scores reflect both good sustainability performance and good disclosure.

“It’s a great honor to be selected for the 2023 Bloomberg Green ESG 50 list,” says Bessie Lee, CEO of JLL Greater China. “Our commitment to the decarbonization in real estate sector is underscored by the fact that buildings account for nearly 40% of worldwide carbon emissions. We are determined to play our full part by working with our clients, people and communities to shape the future of real estate for a better world,” she adds.

JLL was also the first real estate service company that committed to achieving net zero carbon emissions by 2040 across all areas of its operations, including the client sites it manages, globally. 

In June last year, JLL launched the "ESG One-Stop Solution" at the first Carbon Neutral Expo in Shanghai. The solution provides complete sustainable development services that cover the asset's entire life cycle, from strategic planning to technical implementation, operational management, and zero carbon certification.

Notably, JLL integrates sustainability with social welfare initiatives. In 2022, the firm launched the "Parallel Library" project across multiple cities across China. The project encourages businesses, the public and welfare organizations to focus on the education of children in rural areas. It has garnered significant attention and has made a positive impact on society.