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IBM, Jones Lang Unite to Boost ESG Reporting in the CRE Sector
International Business Machines Corporation (NYSE: IBM), in collaboration with Jones Lang LaSalle Inc. (NYSE: JLL), recently launched a new sustainability solution, aimed at bolstering Environmental, Social, and Governance (ESG) reporting within the commercial real estate (CRE) sector. This initiative is set to address the rising demand for transparent and accurate ESG data, which has become increasingly crucial for investors and stakeholders.
Leveraging IBM's cutting-edge Envizi technology in data analytics and management, along with its deep expertise in real estate services, JLL will likely help organizations capture and manage data across real estate portfolios for swift decision-making process and public reporting.
Additionally, this collaboration will also likely give CRE organizations a thorough understanding of ESG metrics such as energy consumption, carbon footprint and waste management practices. This ...