February 20, 2025 - 01:02
Alternative asset and private equity investor KKR has formed a strategic partnership with German energy service provider EGC to accelerate decarbonization efforts within the real estate sector. Recognizing that buildings contribute significantly to global greenhouse gas (GHG) emissions, this collaboration aims to tackle one of the most challenging areas in the fight against climate change.
The real estate industry is known for its long-term investments and infrastructure, making it essential to implement sustainable practices that can lead to a reduction in carbon footprints. Through this partnership, KKR and EGC will work together to develop innovative solutions and technologies that enhance energy efficiency and promote sustainable building practices.
This initiative reflects a growing trend among investors and companies to prioritize environmental sustainability as a core component of their business strategies. By focusing on decarbonizing real estate, KKR and EGC are taking a significant step toward addressing the urgent need for climate action and fostering a more sustainable future.
