JLL Foundation accelerates climate mitigation by investing $4.75M in loans to 18 new climate-impacting startups
JLL Foundation, backed by JLL (NYSE: JLL), has invested $4.75 million in zero-interest loans to 18 climate-focused startups in 2024. The Foundation's circular funding model saw $1.5 million in loan repayments, while graduate companies attracted $49.4 million in additional funding.
The 2024 recipients join 47 companies that have received $11.7 million in 49 loans throughout the Foundation's history. Among the funded startups, 89% focus on built environment decarbonization, 50% on waste reduction, 28% on social impact, and 22% on water consumption reduction. The Foundation expanded its reach to 11 countries, including Brazil, India, Senegal, and Uganda.
Notable 2024 recipients include Mycocycle, Novoloop, Solarbox, Cyanoskin, and Courageous Land. The Foundation also appointed Erin Meezan as Executive Director, effective January 1, 2025, while maintaining her role as JLL's Chief Sustainability Officer.
JLL Foundation, sostenuta da JLL (NYSE: JLL), ha investito 4,75 milioni di dollari in prestiti a zero interesse a 18 startup focalizzate sul clima nel 2024. Il modello di finanziamento circolare della Fondazione ha visto 1,5 milioni di dollari in rimborsi di prestiti, mentre le aziende laureate hanno attratto 49,4 milioni di dollari in finanziamenti aggiuntivi.
I beneficiari del 2024 si uniscono a 47 aziende che hanno ricevuto 11,7 milioni di dollari in 49 prestiti nel corso della storia della Fondazione. Tra le startup finanziate, 89% si concentrano sulla decarbonizzazione dell'ambiente costruito, 50% sulla riduzione dei rifiuti, 28% sull'impatto sociale e 22% sulla riduzione del consumo d'acqua. La Fondazione ha ampliato la sua portata a 11 paesi, tra cui Brasile, India, Senegal e Uganda.
I beneficiari notevoli del 2024 includono Mycocycle, Novoloop, Solarbox, Cyanoskin e Courageous Land. La Fondazione ha anche nominato Erin Meezan come Direttore Esecutivo, a partire dal 1 gennaio 2025, mantenendo il suo ruolo di Chief Sustainability Officer di JLL.
JLL Foundation, respaldada por JLL (NYSE: JLL), ha invertido 4,75 millones de dólares en préstamos sin interés a 18 startups enfocadas en el clima en 2024. El modelo de financiamiento circular de la Fundación vio 1,5 millones de dólares en reembolsos de préstamos, mientras que las empresas graduadas atrajeron 49,4 millones de dólares en financiamiento adicional.
Los beneficiarios de 2024 se unen a 47 empresas que han recibido 11,7 millones de dólares en 49 préstamos a lo largo de la historia de la Fundación. Entre las startups financiadas, 89% se centran en la descarbonización del entorno construido, 50% en la reducción de residuos, 28% en el impacto social y 22% en la reducción del consumo de agua. La Fundación amplió su alcance a 11 países, incluidos Brasil, India, Senegal y Uganda.
Los beneficiarios destacados de 2024 incluyen a Mycocycle, Novoloop, Solarbox, Cyanoskin y Courageous Land. La Fundación también nombró a Erin Meezan como Directora Ejecutiva, a partir del 1 de enero de 2025, manteniendo su rol como Directora de Sostenibilidad de JLL.
JLL 재단은 JLL(NYSE: JLL)의 지원을 받아 2024년 기후 중심의 스타트업 18곳에 475만 달러의 무이자 대출을 투자했습니다. 재단의 순환 자금 모델은 150만 달러의 대출 상환을 보았으며, 졸업 기업들은 4940만 달러의 추가 자금을 유치했습니다.
2024년 수혜자는 재단의 역사 전반에 걸쳐 1170만 달러의 49개 대출을 받은 47개 기업에 합류합니다. 자금을 지원받은 스타트업 중 89%는 건축 환경의 탈탄소화에, 50%는 폐기물 감소에, 28%는 사회적 영향에, 22%는 물 소비 감소에 초점을 맞추고 있습니다. 재단은 브라질, 인도, 세네갈, 우간다를 포함한 11개국으로 범위를 확장했습니다.
2024년의 주목할 만한 수혜자로는 Mycocycle, Novoloop, Solarbox, Cyanoskin, Courageous Land가 있습니다. 재단은 또한 Erin Meezan을 2025년 1월 1일부터 집행 이사로 임명했으며, JLL의 최고 지속 가능성 책임자 역할도 유지합니다.
JLL Foundation, soutenue par JLL (NYSE: JLL), a investi 4,75 millions de dollars dans des prêts à taux zéro pour 18 startups axées sur le climat en 2024. Le modèle de financement circulaire de la Fondation a vu 1,5 million de dollars en remboursements de prêts, tandis que les entreprises diplômées ont attiré 49,4 millions de dollars de financement supplémentaire.
Les bénéficiaires de 2024 rejoignent 47 entreprises qui ont reçu 11,7 millions de dollars en 49 prêts tout au long de l'histoire de la Fondation. Parmi les startups financées, 89% se concentrent sur la décarbonisation de l'environnement construit, 50% sur la réduction des déchets, 28% sur l'impact social et 22% sur la réduction de la consommation d'eau. La Fondation a élargi son champ d'action à 11 pays, dont le Brésil, l'Inde, le Sénégal et l'Ouganda.
Parmi les bénéficiaires notables de 2024 figurent Mycocycle, Novoloop, Solarbox, Cyanoskin et Courageous Land. La Fondation a également nommé Erin Meezan en tant que Directrice Exécutive, à compter du 1er janvier 2025, tout en conservant son rôle de Directrice de la Durabilité chez JLL.
JLL Foundation, unterstützt von JLL (NYSE: JLL), hat 2024 4,75 Millionen Dollar in zinslose Darlehen an 18 klimafokussierte Startups investiert. Das zirkuläre Finanzierungsmodell der Stiftung verzeichnete 1,5 Millionen Dollar an Darlehensrückzahlungen, während die Absolventenunternehmen 49,4 Millionen Dollar an zusätzlicher Finanzierung anwarben.
Die Empfänger von 2024 reihten sich in die 47 Unternehmen ein, die im Laufe der Geschichte der Stiftung 11,7 Millionen Dollar in 49 Darlehen erhalten haben. Unter den finanzierten Startups konzentrieren sich 89% auf die Dekarbonisierung der gebauten Umwelt, 50% auf Abfallreduzierung, 28% auf soziale Auswirkungen und 22% auf die Reduzierung des Wasserverbrauchs. Die Stiftung erweiterte ihren Einfluss auf 11 Länder, darunter Brasilien, Indien, Senegal und Uganda.
Zu den bemerkenswerten Empfängern von 2024 gehören Mycocycle, Novoloop, Solarbox, Cyanoskin und Courageous Land. Die Stiftung ernannte auch Erin Meezan zur Geschäftsführerin, die ab dem 1. Januar 2025 tätig wird, während sie ihre Rolle als Chief Sustainability Officer von JLL beibehält.
- Record loan repayments of $1.5M in 2024
- Portfolio companies attracted $49.4M in additional funding
- Geographic expansion to 11 countries including emerging markets
- 89% of funded companies focus on built environment decarbonization
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Foundation names JLL Chief Sustainability Officer (CSO), Erin Meezan, Executive Director
Circularity is key to JLL Foundation's model, as all funds returned from loans granted are invested into new loans, creating a virtuous cycle. A record number of loans were repaid in 2024, equating to just under
"We continue to be encouraged by the success of JLL Foundation loan recipients and the meaningful impact they are driving – whether that be decarbonizing the building sector, engaging in waste reduction, reducing water consumption or driving social impact," said JLL Foundation Chair, Trish Maxson. "It's a privilege to play a part in the circular process that allows us to fuel the next generation of early-stage, climate impacting startups and watch them thrive."
The 2024 JLL Foundation loan recipients join a group of 47 companies that have received
The impact of the Foundation's investment varies greatly based on the needs of each company. To highlight a few of the 2024 recipients, the Foundation's loans are helping:
- Mycocycle, a biotechnology startup using fungi to transform construction waste into low-carbon raw materials for the built environment, develop its next generation MYCOntainer™.
- Novoloop, an upcycler transforming hard-to-recycle plastics into useful materials with a small carbon footprint, pursue its global expansion strategy.
- Solarbox, an electric mobility and energy company, provide a sustainable transportation and energy solution for the African market with locally assembled utility electric vehicles.
- Cyanoskin, a carbon capture technology transforming buildings into CO2-absorbing structures using an algae-based coating, develop its technology for market.
- Courageous Land, an agroforester reforesting degraded landscapes, accelerate its technological development, fieldwork, pilot programs and preparation, for scale.
With the launch of the 2024 Annual Report, JLL has also named Erin Meezan as the Executive Director of the JLL Foundation, effective January 1, 2025. In this role, Meezan will work closely with Maxson and the rest of the JLL Foundation Board to advance the Foundation's goals, lead its strategic direction, and accelerate its impact on climate change through investments in emerging sustainable technologies.
Meezan will maintain her role as Chief Sustainability Officer (CSO) of JLL. Her expertise in sustainability strategy and experience engaging with key stakeholders uniquely position her to lead the Foundation's vision and investment decisions.
"JLL Foundation's efforts are a natural extension of JLL's sustainability commitments, as we strive to shape the future of real estate for a better world," said Meezan. "I am inspired by the creative, new approaches taken by these early-stage companies focused on climate change mitigation, and the results we will be able to achieve together."
To learn more about the JLL Foundation's impact, read the JLL Foundation 2024 Annual Report here.
About JLL Foundation
JLL Foundation is dedicated to impacting climate change now and in the future. A non-profit founded and backed by JLL, one of the largest global real estate companies with a demonstrated commitment to sustainability, JLL Foundation's goal is to be a catalyst for climate-impacting startups. For further information, visit foundation.jll.com.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of
Contact: Allison Heraty
Phone: +1 312 228 3128
Email: allison.heraty@jll.com
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SOURCE JLL-IR
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