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Amazon, JPMorgan Chase among companies collaborating with ILFI to advance carbon verification

Sustainability

Amazon, JPMorgan Chase among companies collaborating with ILFI to advance carbon verification

Amazon, JPMorgan Chase among companies collaborating with ILFI to advance carbon verification


By Peter Fabris, Contributing Editor | July 1, 2024
Amazon, JPMorgan Chase among companies collaborating with ILFI to advance carbon verification, Photo: Pixabay
Photo: Pixabay

The International Living Future Institute will collaborate with Amazon, JLL, JPMorgan Chase, and Prologis on developing new versions of ILFI’s Zero Carbon Certification program.

The four companies will provide support and expertise on the next version, which will include the addition of a certification pathway for existing assets. The current version of the certification is geared toward new construction and major renovation projects.

Launched in 2018, ILFI’s program is a performance-based certification program for embodied and operational carbon in the real estate sector. Certified buildings are third-party verified after a 12-month performance period to be energy efficient, combustion-free (or actively phasing out combustion), powered by renewables, and built with lower embodied carbon than typical buildings.

With support from these companies, ILFI is developing new guidance, including explicit guidance for existing building assets seeking certification without undertaking major capital projects. With greater applicability for more projects, the program update will drive further adoption of the market toward lower carbon buildings and operations.

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