JLL Foundation Expands Climate-Impacting Mission with 15 New Loans in Second Year

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The JLL Foundation, a non-profit organization, has released its second Annual Report, showcasing its efforts to amplify a diverse community of early-stage companies dedicated to mitigating climate change.

In 2023, the JLL Foundation provided support to fifteen startups, all of which are actively contributing to the reduction of greenhouse gas emissions. Among these startups, 73% are making sustainable impacts on real estate and land, 60% are reducing water consumption, 53% are minimizing waste, and 33% are driving social impact.

Trish Maxson, Chair of the JLL Foundation, emphasized the organization’s unique approach of offering zero-interest loans to startups, enabling them to navigate the challenging early stages of their commercialization journey. This approach fosters a community dedicated to fostering a more sustainable, circular economy, ensuring the Foundation’s ongoing impact.

The mission of the JLL Foundation closely aligns with JLL’s commitment to shaping the future of real estate for a better world, as well as its sustainability program focused on climate action, healthy spaces, and inclusive places. The Foundation provides catalytic funding, particularly to entrepreneurs who may face barriers to accessing traditional venture capital. Notably, 53% of the portfolio companies supported in 2023 are either fully or partially female-founded.

Since its establishment in 2022, the JLL Foundation has collaborated with Good Machine, a venture studio specializing in climate impact, to invest in 30 impact-driven startups across five continents. Christian Ulbrich, Global CEO and President of JLL, commended the Foundation’s initiative, highlighting the importance of interest-free loans in accelerating the transition to a more sustainable world. Ulbrich reaffirmed JLL’s commitment to mitigating climate change and expressed wishes for continued success to the supported startups in expanding their critical work.