ACRE Commits to Net Zero Carbon Emissions by 2050, Effort to be Led by ESG Partner Linda Isaacson
Global real estate private equity firm ACRE has made a commitment to reduce its carbon emissions to net zero by 2050. The pledge comes as part of the firm’s evolving Environmental, Social & Governance (ESG) strategy, led by Partner and Head of ESG & Impact, Linda J. Isaacson.
ACRE will undertake a number of measures to chart its path to net zero across its entire portfolio, including a complete Greenhouse Gas (GHG) inventory and assessment of available data to understand the sources of emissions.
ACRE is already pursuing the development and implementation of a comprehensive decarbonization strategy in order to align with climate change mitigation and adaptation goals identified in the Paris Agreement.
“Commercial and residential buildings are among the largest contributors to carbon emissions and climate change across the U.S. and the world,” said ACRE Founding Partner Michael Van Der Poel. “We have always considered ourselves to be leaders in investment, as well as in the creation of healthy, sustainable communities.
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