PGIM Real Estate, the property investment arm of PGIM, has further strengthened its commitment to environmental, social and governance (ESG) investing, with the addition of Julie Townsend as ESG lead for Europe and Asia Pacific, based in London and effective immediately.
Joining PGIM Real Estate’s global ESG team, Townsend will oversee the ESG strategy and implementation across the European and Asia Pacific regions. She will report to Christina Hill, global head of ESG and head of Americas Asset Management.
Since signing the UN Principles for Responsible Investment in 2009 and joining the Global ESG Benchmark for Real Assets (GRESB) in 2013, PGIM Real Estate has continued to integrate ESG throughout its investment and asset management processes.
In 2021, PGIM Real Estate committed to reducing the operational carbon emissions of its global portfolio of managed properties to net zero by 2050.
Townsend joins PGIM Real Estate after spending fifteen years at CBRE, latterly as head of environmental consultancy. Townsend will work closely with PGIM Real Estate’s local investment teams to implement and manage corporate and asset level ESG strategy as well as leading ESG reporting and assessments.
Source: propertyeu.info on the 4th of January