CRREM announces nine new Foundation Board members

Appointments advance the formation of CRREM’s new governance structure, which includes the CRREM Foundation Board, Technical Council, and Regional Advisory Committees

Amsterdam, 17 November 2025 — The Carbon Risk Real Estate Monitor (CRREM) Foundation has appointed nine senior leaders to its Foundation Board, expanding from four founding members to a more representative thirteen members.

The CRREM Foundation is a global non-profit organization that develops and stewards science-based decarbonization pathways for the real estate sector. Real estate owners, investors, and lenders across the world are using CRREM Pathways to identify and manage transition risk for their portfolios and steer investment toward climate-aligned buildings.

The Foundation Board oversees strategy, guides technical resourcing, and ensures operational excellence as CRREM continues rapid international growth and adoption. The new board members were selected from a deep pool of applicants representing 24 countries, and the new expanded board offers a balanced mix of investor and manager perspectives, expertise areas, regional views, and gender and ethnic diversity.

New appointments to the CRREM Foundation Board

Dan Ahmed, Investment Manager, Sustainable Investments / Head of Private Markets ESG Integration, CalPERS, (US)
Abigail Dean, Head of Strategic Insights, Real Assets, Nuveen (UK)
Hala El Akl, Global Head of Sustainable Investing and Operations, Oxford Properties, OMERS (UK)
Adalberto Cabrera, EDGE Global Technical Lead – Operations Officer, International Finance Corporation (US)
Sunita Mahant, Managing Director, Risk, Sustainability, and Managing Director, Toronto, La Caisse (Canada)
Uma Moriarity, Senior Investment Strategist and Global Head of Sustainability, CenterSquare Investment Management (US)
Adam Slakman, Managing Director, Head of Sustainability, Real Estate, J.P. Morgan Asset Management (US)
Vinamra Srivastava, Chief Sustainability and Sustainable Investments Officer, CapitaLand Investment (Singapore)
Rick Walters, Senior Manager, Responsible Ownership, Aware Super (Australia)

Founding members of the CRREM Foundation Board, who will stay on, include

Nina Galbiati, Head of Sustainability for Non-Listed Real Estate, Norges Bank Investment Management (US)
Maarten Jennen, Senior Director – Global Strategist, Private Real Estate, PGGM (Netherlands)
Peter Templeton, President & CEO, U.S. Green Building Council (US)
Derk Welling, Senior Portfolio Manager Responsible Investments Real Estate, APG Asset Management (Netherlands)

The CRREM Foundation recently announced appointments to its independent Technical Council, which is responsible for overseeing CRREM’s pathway methodology, updates, and quality. The Foundation will complete its governance model with three Regional Advisory Committees, which will focus on local implementation, stakeholder feedback, and market engagement. Appointments for the Regional Advisory Committees are to follow. Learn more at crrem.org/foundation-board/.

Andrea Palmer, CEO of the CRREM Foundation

“This marks an exciting new era for CRREM. Our board combines deep investment expertise, operational know-how, and a broad regional reach— exactly what’s needed as we move from intent to execution. We’re thankful for their commitment and are confident that their collective insight will help scale science-based decarbonization across the real estate industry.”

Derk Welling, Senior Portfolio Manager, Responsible Investments Real Estate at APG Asset Management and Chair of the CRREM Foundation Board

“One year after launching the CRREM Foundation as a non-profit organization, these appointments mark another important milestone in CRREM’s development. With this exceptional group of leaders, we can begin taking even bigger steps towards establishing CRREM as the trusted net zero metric for real estate, uniting standards, certifications, and reporting schemes across the industry.

Media contact: info@crrem.org

-ends-

About the CRREM Foundation

The CRREM Foundation is a global non-profit organization that develops and stewards science-based decarbonization pathways for the real estate sector. With more than 1,000 CRREM Pathways across property types and regions, CRREM supports market participants in managing transition risk and steering toward climate-aligned buildings.

Adalberto Cabrera, IFC – EDGE Program

“I am happy to join the CRREM Foundation Board and contribute my technical perspective to support practical, impactful decarbonization goals for the global real estate sector.”

Abigail Dean, Energy Analyst Buildings, International Energy Agency (IEA)

“I’m honored to join the CRREM Foundation Board at such a critical time for our industry. I’ve seen firsthand how robust, science-based decarbonization pathways like CRREM are essential tools for our clients navigating the energy transition. These have enabled us to set meaningful targets and integrate climate considerations across our investment processes, ultimately delivering better outcomes for investors. CRREM provides the clarity and consistency that global real estate investors need.”

Hala El Akl, Global Head of Sustainable Investing and Operations, Oxford Properties, OMERS

“As the real estate industry accelerates its transition to a low-carbon future, establishing consistent, transparent methodologies is essential. I’m honored to join the CRREM Foundation Board to help strengthen the link between global standards and practical implementation across the built environment—advancing good governance, data integrity, and real impact for investors and communities alike.”

Sunita Mahant, Managing Director, Risk, Sustainability, and Managing Director, Toronto, La Caisse

“Climate risk is investment risk. Creating long-term value depends on our ability to translate science into decisive actions that adapt and protect assets from the transition risk they face today and in the future. The CRREM Foundation equips the industry with rigorous, open access decarbonization pathways and transparent transition risk metrics. These tools enable investors, asset owners, and managers to identify misaligned exposures, prioritize interventions, and build resilience. I’m honored to join the Board and support this vital work, which brings discipline, clarity, and accountability to real asset investing—reinforcing the risk foundations that underpin long-term portfolio stability.”

Uma Moriarity, Senior Investment Strategist and Global Head of Sustainability, CenterSquare Investment Management

“I’m honored to join the CRREM Foundation Board and contribute to its critical work driving the decarbonization of real estate. Aligning investment decisions with science-based data is essential to achieving lasting impact, and CRREM plays a vital role in guiding that transformation.”

Adam Slakman, CEO

“I’m excited to collaborate with our clients and peers on scaling solutions and innovations to address sustainable development. CRREM’s work in developing viable decarbonization pathways and fostering collaboration is essential, and I’m thrilled to support this work.”

Vinamra Srivastava, Chief Sustainability and Sustainable Investments Officer, CapitaLand Investment

“I am grateful to join the CRREM Foundation Board to help expand CRREM’s outreach to the Asia Pacific region. I look forward to contributing meaningfully to the development of robust decarbonization pathways for real estate and supporting market players in their net zero journeys. I am excited to engage and learn from best decarbonization practices across the world.”

Rick Walters, Senior Manager, Responsible Ownership, Aware Super (Australia)

“I am delighted to join the inaugural CRREM Foundation Board and am looking forward to contributing my technical and governance expertise, as well as my passion for decarbonization, to this next phase of CRREM’s development. I am confident that CRREM can expand its influence across the globe and across property types to become an essential tool in the property investment toolkit.”