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Jones Lang LaSalle secures mandate to develop sustainability reporting guidelines for the Construction and Real Estate sector

London, 29th June 2009 – Upstream Sustainability Services at Jones Lang LaSalle has been appointed by the Global Reporting Initiative (GRI) as lead strategy consultant in the development of global guidelines to harmonise corporate reporting on sustainability issues for the construction and real estate sector.

 Working with a collaborating centre of the United Nations, Upstream has secured a two year mandate to support the Global Reporting Initiative in producing detailed guidelines to supplement the multi-sector G3 guidelines. The G3 Guidelines represent a global sustainability reporting framework first published in 1999 (and revised in 2006) to assist companies and governments in disclosing their economic, environmental, and social performance on issues such as climate change and supply chain management. Katherine Miles Sector Supplement Manager at GRI said: “Building on its experience of advising many of the UK and Europe’s leading property companies in their sustainability reporting efforts, including how to comply with generic GRI guidelines, Upstream will bring significant expertise to the table.”

 Matthew Tippett, Director at Upstream Sustainability Services, Jones Lang LaSalle added: “With the built environment contributing around 30-40% of greenhouse gas emissions globally, as well as 30-40% of solid waste generation from construction and occupation, the imperative to develop globally applicable guidelines to support the sector in reporting its impacts – and ultimately drive improved performance through targeted reduction programmes – has never been more pressing.”

 In collaboration with the GRI and a Working Group of sustainability reporters and industry experts including Hermes (with the British Property Federation), Lend Lease, ProLogis, Oxford Properties, Arup, Landcom and Citycon, Upstream’s role will be to build consensus amongst a geographically diverse group of construction and real estate stakeholders to deliver guidelines which are tailored to the needs of the sector.

 The Construction and Real Estate Sector Supplement (CRESS) will invite public comment twice throughout the two year project. Dates of these public comment periods will be announced in due course.

Notes to Editors

 The Global Reporting Initiative (GRI) has pioneered the development of the world’s most widely used sustainability reporting framework and is committed to its continuous improvement and application worldwide. This framework sets out the principles and indicators that organizations can use to measure and report their economic, environmental, and social performance.