JLL
At a Glance
Industry
Real Estate
Project Types
Financial Evaluation and Planning, Sustainability and Energy Management Strategy
Year
2023
Location
Chicago, IL
Summary
Marilyn Densel worked within JLL’s Sustainability Strategy group on streamlining ESG disclosure advisory services and identifying opportunities to generate new income streams through related services.
Goals
JLL is a leading commercial real estate services firm with a global focus on sustainability. With a target of achieving net zero carbon emissions across Scopes 1, 2, and 3 by 2040, JLL’s Sustainability Strategy team works with its clients to support their ESG strategy, decarbonization, and ESG disclosure ambitions.
Given the multiple ESG disclosure reporting frameworks and standards available to clients, JLL sought a streamlined solution to assess a client’s readiness to report under various frameworks. The team also requested a deeper dive into various mandatory reporting regulations both currently in force or on the horizon, including SFDR and CSRD.
Solutions
Marilyn worked with the team to understand their requirements. She enhanced existing disclosure templates and created an ESG Disclosure Dashboard with a GRI indicator overlap matrix which allows the team to easily assess a client’s alignment with multiple disclosure frameworks and standards (including GRESB, CDP, TCFD, SASB, and ISSB/IFRS S1 & S2).
Marilyn reviewed trends in regulatory reporting requirements and provided a pathway to leverage existing data to expand JLL’s service offering to its clients.
Potential Impact
Marilyn’s solution augments team efficiency and allows for timely and insightful client engagement. The tool provides for a streamlined assessment of a client’s data and reporting gaps, effectively connecting a client’s sustainability goals with solutions and services offered by JLL. By leveraging existing capabilities in the ESG disclosure service offering, new business opportunities have been identified.