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Ivanhoé Cambridge commits to achieving net zero carbon by 2040

As the real estate and construction sector accounts for nearly 40 per cent of global greenhouse gas emissions, the company is accelerating its decarbonisation strategy in light of the urgent need to address climate change.
 
The scope of this commitment covers all five continents where Ivanhoé Cambridge owns properties, either wholly or through partnerships, comprising some 800 properties in a variety of asset classes: office and logistics buildings, shopping centres, residential units and hotels.
 
“Both as a player and as an influencer in our ecosystem, we believe it is our duty to make a positive impact on the environment,” says Nathalie Palladitcheff, President and Chief Executive Officer, Ivanhoé Cambridge. “We view this commitment as a value-creation strategy, and our approach also strengthens the resilience of our assets, because sustainable investments will be more profitable over the long term.” She continues: “Our environmental initiative will make a significant contribution to improving users’ quality of life, in line with Ivanhoé Cambridge’s mission to make a positive impact on the communities where we are present.”

Source: propertyfundsworld.com on 20 April (https://www.propertyfundsworld.com/2021/04/20/298962/ivanhoe-cambridge-commits-achieving-net-zero-carbon-2040)