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Investing in Climate Technology to Decarbonize the Real Estate Industry
Real estate is one of the leading contributors of greenhouse gas emissions, ahead of transportation, food production, and manufacturing. Current climate technology is cost prohibitive and limited in its effectiveness at reducing carbon emissions. With tenant demand for greener buildings and the age of existing buildings increasing, the need for new climate technology innovation has never been greater. IMCO's investment in Fifth Wall's Climate Fund-the largest investment vehicle dedicated to decarbonizing the real estate industry-will spur new technology to green the entire life cycle of real estate, reflecting our commitment to responsible investing.
ABOUT IMCO
The Investment Management Corporation of Ontario (IMCO) manages $79 billion of assets on behalf of its clients. IMCO’s mandate is to provide broader public sector institutions with investment management services, including portfolio construction advice, better access to a diverse range of asset classes and sophisticated risk management capabilities. IMCO is an independent organization, operating at arm’s length from government and guided by a highly experienced and professional Board of Directors. Follow us on LinkedIn and Twitter @imcoinvest