PGIM Real Estate Hires Julie Townsend as ESG Lead for Europe and Asia Pacific
A Brief Summary
Julie Townsend has been named ESG Lead for Europe and the Asia Pacific by PGIM Real Estate, the real estate investment and finance arm of Prudential Financial's investment management company. Townsend will oversee the implementation of ESG strategies across The European and Asia Pacific region.
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In her new position, she will be closely working with the firm's local investment teams to implement and manage corporate and asset-level ESG strategy and will lead ESG reporting and assessment.
Townsend will report to Christina Hill, Global Head of ESG and Head of Americas Asset Management. Hill, said: " We are fortunate to attract a skilled and experienced ESG leader such as Julie, who will play a significant role in our efforts to achieve sustainable goals and targets."
Before joining the company, Townsend was serving CBRE for 15 years, most lately as Head of Environmental Consultancy, responsible for leading all aspects of environmental sustainability advisory services, across all aspects of the property life-cycle.
PGIM Real Estate said appointing Townsend the ESG lead for Europe and The Asia Pacific will further strengthen the firm's commitment to ESG investing. In May 2021, the company announced a target to reduce operational carbon emissions of its global portfolio of managed properties to net-zero by 2050.