Hines appoints Michael Izzo to lead Carbon Reduction Strategy as Vice-President

10/24/2021

The global real estate investment firm Hines has promoted Izzo, its former Vice-President of Construction, to the newly created role of Vice President of Carbon Strategy

Hines promotes Izzo - underscoring the firm's intention to address carbon emissions within its substantial real estate portfolio
Hines promotes Izzo - underscoring the firm's intention to address carbon emissions within its substantial real estate portfolio

HOUSTON, October 24, 2021 -- Hines, the international real estate firm has announced the establishment of the position Vice President-Carbon Strategy to lead the firm in assessing its global carbon emissions and develop the strategy to set and achieve the firm's science-based targets. Michael Izzo, formerly Vice President-Construction in the firm's U.S. East Region, has been appointed to this role.

Peter Epping, who was recently appointed as Global Head of ESG, commented on Izzo's promotion to the new office, saying:

"Based on his deep technical expertise and successful implementation of decarbonization strategies with some of our new projects, we are thrilled that Mike has agreed to lead the carbon strategy for our firm as we embark on creating carbon standards for the built environment."

As Vice President-Carbon Strategy, Izzo will engage with the firm's global teams to provide strategic leadership, ensure continuity and successful progression on the firm's strategy and commitments to help lead the industry's carbon emissions response.

"I'm honored to have the opportunity to join the ESG team and play a pivotal role in defining our climate science-based strategies. I look forward to working closely with Peter and the entire ESG team in the years ahead as we combat one of the largest crises our industry and society faces today,"

said Michael Izzo, Hine's new Vice-President of Carbon Strategy.

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About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 255 cities in 27 countries. Hines oversees investment assets under management totaling approximately $83.6 billion¹. In addition, Hines provides third-party property-level services to more than 367 properties totaling 138.3 million square feet. Historically, Hines has developed, redeveloped or acquired approximately 1,486 properties, totaling over 492 million square feet. The firm currently has more than 171 developments underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a foundational commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world. 

Visit www.hines.com for more information. ¹Includes both the global Hines organization as well as RIA AUM as of June 30, 2021.