Nuveen Launches Global Real Estate Carbon Reduction Strategy

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  • 23 Mar 2023
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Nuveen Launches Global Real Estate Carbon Reduction Strategy

Nuveen has launched a real estate strategy focused on carbon reduction. The Nuveen Global Real Estate Carbon Reduction strategy invests in real estate companies that have either achieved carbon neutrality or have a target to or track record of reducing greenhouse gas emissions in a manner that is aligned with the Paris Agreement. Ben Kerl mentioned that global carbon emissions are on track to increase temperatures by 4-5°C, leading to likely catastrophic effects on the world as we know it. Buildings are thought to be responsible from approximately 40% of global carbon emissions, a figure believed could be hugely reduced by implementing creative plans to reduce emissions

Source: ESGClarity