Nuveen Pledges Net-Zero Emissions For Entire $133B Portfolio By 2040
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One of the world’s biggest real estate owners has pledged to dramatically reduce the environmental impact of its portfolio. Nuveen, which has $133B worth of real estate assets under management across the Americas, Europe and Asia, has pledged to make all of its properties carbon neutral by 2040, Financial Times reports. The target represents a 10-year acceleration from the 2050 pledge it signed in response to the youth-led climate strike of 2019 and matches the target CBRE Global Investors recen…