Real estate investment manager Clarion Partners LLC has announced the appointment of Karen Mahrous as the firm’s new Senior Vice President and Head of Environmental, Social and Governance (ESG). She will also help to manage its growing number of diversity, equity and inclusion (DE&I) initiatives.
Mahrous is based in Clarion’s New York City office and reports to Jeb Belford in his new capacity as CIO. In this critical new position for the Firm, Mahrous will work with cross-functional teams throughout the organisation. She will help develop a formal framework to implement the firm’s recently announced commitment to the Urban Land Institute’s Net Zero by 2050 Greenprint programme; and strengthen Clarion’s alignment with the United Nations Sustainable Development Goals (SDG).
In addition, she will work with the Asset Management team to pursue carbon reduction programmes across all sectors in its global portfolio; and be responsible for supporting Clarion’s industrial team in implementing its new prototype for the US Green Building Council’s LEED certification programme for new industrial development.
Mahrous will also partner with Human Resources to manage its growing number of DE&I initiatives; including supporting the PREA SEO and Christo Rey minority internship programmes and identifying opportunities to further support historically disadvantaged communities.
“We are thrilled to welcome Karen to the Clarion team at this pivotal time as we seek to expand our rigor around already important work within the ESG space,” said Clarion Partners Chief Executive Officer Dave Gilbert. “Karen brings industry expertise, deep experience, thought leadership and practical skills to this critical function.”
LEADING PATH TOWARD NET ZERO
“Clarion has a tremendous platform as an established industry leader,” said Mahrous. “I look forward to enhancing the existing ESG programme; and leading the path forward toward Net Zero and the Firm’s other crucial ESG initiatives.”
Mahrous joins Clarion from CodeGreen Solutions, an energy and sustainability consultancy firm specialising in the real estate industry. While with CodeGreen, she developed and led a corporate sustainability team that provided ESG strategic advisory; and reporting services to a variety of real estate companies. Mahrous brings experience in managing sustainability program implementation; including the certification of over six million square feet under the LEED and WELL programmes nationwide. She holds an MS in Sustainability Management from Columbia University, is a LEED and WELL AP; and sits on the GRESB North America Benchmark Committee.
Check out our Movers and Shakers section, for more new appointments and diversity champions in the DE&I/wellbeing space.
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