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The Paris Accord: Stay on target

PERE

Mike Sales, Head of TH Real Estate, comments on how the private real estate sector will plough on with its efforts to meet the Paris Climate Accord, despite the US’s withdrawal from the agreement.

The Paris Climate Change Agreement constituted a watershed moment for the global business community – and the real estate industry in particular – because it was the inflection point at which the transition toward a low-carbon economy became a certainty. Now, the corporate world has to develop the strategy to get us there. TH Real Estate sees the low-carbon economy as a significant opportunity for our business and for the world, which is why we’ve set a target to reduce the energy intensity of our real estate equity portfolio by 30% by 2030.

PERE - stay on target Download the full article

TH Real Estate is a name under which Nuveen Real Estate Management Limited provides investment products and services. TH Real Estate is an investment affiliate of Nuveen, LLC (“Nuveen”), the investment management arm of TIAA Issued by Nuveen Real Estate Management Limited, 201 Bishopsgate, EC2M 3BN. Authorised and regulated by the Financial Conduct Authority. TH Real Estate is a name under which Nuveen Real Estate Management Limited provides investment products and services. COMP201700495