JLL plays key role in driving LaSalle's net zero carbon success

Challenge: LaSalle Investment Management faced the challenge of developing a robust and consistent net zero carbon (NZC) audit strategy and technical brief for their portfolio in the EMEA region. The portfolio consisted of various asset types, including student accommodation, multi-family, commercial, and retail properties.

“The JLL team was extremely knowledgeable, providing valuable insights and recommendations to our asset management team that ultimately helped us deliver our ambitious net zero carbon audit programme and move quickly to implementation.”

- Brett Ormrod, European Net Zero Carbon Lead

Solution: To address this challenge, JLL partnered closely with LaSalle. We conducted extensive consultations with the client to understand their objectives for the NZC audits and transition. Based on this collaboration, a comprehensive audit strategy was developed, which involved assessing the asset portfolio and creating suitable clusters for assessment purposes. In addition, a detailed technical brief for NZC audits of the assets was developed, and we facilitated consultations with other framework consultants to ensure consistency and robustness of the assessments.

As part of a panel of external consultants, JLL is responsible for undertaking the NZC audits and providing general technical support to the client in implementing the NZC audit programme. The results of these audits will inform LaSalle about the necessary building interventions, associated costs, and implementation practicalities required to achieve NZC.

Value added: JLL's advice and technical support played a critical role in shaping LaSalle’s NZC audit strategy. Our ongoing involvement enables a gradual transition of their portfolio towards NZC. Our in-house multi-disciplinary approach for the audits ensures that the audits are robust and provides LaSalle with the necessary information to make business cases and implementation plans for each asset.