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Galvanize Launches Sustainable Real Estate Investment Plan

Galvanize Launches Sustainable Real Estate Investment Plan

San Francisco-based climate-focused global investment firm Galvanize Climate Solutions has launched Galvanize Real Estate (GRE), a sustainable strategy that aims to invest in and decarbonize real estate, while improving cash flow and increasing asset value. The GRE strategy will include tying a portion of incentives and compensation to the accomplishment of certain sustainability goals.

“Decarbonizing real estate is crucial to tackling the climate challenge,” said Tom Steyer, Co-Executive Chair of Galvanize. “We see a tremendous opportunity to bring something new to the market as consumer, corporate tenants and policy increase pressure to deliver on sustainability.”

According to a Galvanize news release, the built environment generates 40% of annual global CO2 emissions, and in the U.S. alone, 30% of the energy used in commercial buildings is wasted, leaving a huge opportunity to create efficiencies and cost savings. GRE aims to target existing multifamily, industrial and self-storage properties that the team believes will enable the climate transition.


Inside The Story

Galvanize Climate SolutionsTom Steyer

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.

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