Global lighting partnership to lead transformation in corporate real estate

Philips Lighting will deliver energy-efficient lighting solutions to Jones Lang LaSalle clients through a global partnership platform designed to drive a sustainable transformation of energy use in commercial real estate markets.

This is the first time two leaders in the corporate real estate and lighting industries are working together on this scale to change the way commercial and industrial interiors are illuminated with LED and energy-efficient solutions. The global agreement starts in Asia-Pacific and will be scaled up to cover the Americas, Europe, Middle East and Africa.

The agreement potentially offers energy savings of up to US$100 million a year for Jones Lang LaSalle clients in Asia-Pacific. In Asia-Pacific alone, Jones Lang LaSalle manages more than 70 million light points for over 150 corporate clients. Given the global scale of the partnership, this has the potential to drive significant energy savings as approximately 40% of electricity consumption in buildings is related to lighting.

Michael Raphael, Head of Supply Chain Management and Procurement for Jones Lang LaSalle, said: “Jones Lang LaSalle is pleased to partner with Philips to present a global lighting solution to companies worldwide. This agreement has the potential to drive environmental change while meeting corporate aspirations to move to LED and other low energy options. Our partnership with Philips is an important step in helping our clients to identify opportunities to lower energy usage, deliver more productive workspaces and, in some cases, obtain carbon credits.”

“Our partnership with Jones Lang LaSalle and our extensive portfolio in lighting solutions will allow us to help drive the adoption of energy-efficient and sustainable lighting solutions on a large scale in the commercial real estate space,” said Harjit Gill, Chief Executive Officer for Philips in ASEAN & Pacific. “This partnership will further demonstrate our capabilities to manage global lighting consultancy services to maximise value for our customers.”

Both companies will also provide consultancy on energy management with intelligent lighting solutions and controls with new and existing customers. In a pilot scheme, Jones Lang LaSalle and Philips offered an international banking firm a 30% cost reduction on supply and installation of LED lighting across over 900 m² of office space. This initiative will increase energy efficiency and deliver estimated cost savings exceeding US$300,000 over ten years.