Galvanize Climate Solutions, a San Francisco-based global investment firm focused on climate change, has launched Galvanize Real Estate (GRE), an innovative strategy to decarbonize real estate while improving cash flow and increasing asset value. As part of the GRE strategy, incentives and compensation will be tied to certain sustainability goals.
Tom Steyer, Co-Executive Chair of Galvanize commented: “Decarbonizing real estate is essential in addressing the climate crisis. We are proud to introduce something new into the market as consumer demand for sustainability grows.”
According to a news release from Galvanze Climate Solutions, 40% of annual global CO2 emissions come from buildings; in addition 30% energy used by commercial buildings is wasted – creating vast potential for efficiency gains and cost savings through GRE investments targeting existing multifamily properties industrial sites and self storage facilities.
