Global Director of Sustainability, Global Real Estate
Alec Saltikoff is currently Vice Chair of the Corporate Advisory Board, since July 2019.
As Global Director of Sustainability at JPMorgan Chase, Alec oversees programmes related to energy efficiency, sustainability, renewable energy and maximising synergies for the firm’s Global Real Estate division. Alec’s areas of focus include reducing the firm’s energy costs and carbon footprint through utilising alternative energy procurement methods, synthetic PPA’s, maximising building efficiency, energy investment projects, and cutting overall real estate expenditure through promoting and driving a sustainable, responsible, and cost efficient operating environment for the firm’s global real estate portfolio.
Prior to joining JPMorgan Chase, Alec was at Trinity Wall Street, where he managed energy procurement, sustainability, engineering and building efficiency programmes for the entire Trinity Real Estate portfolio. Alec’s focus on innovative, sustainability-driven methodologies resulted in achieving Energy Star and LEED EB Gold and Silver certifications for key Trinity’s properties with the added recognition of 2010 and 2015 BOMA Pinnacle Awards and 2010 ENYA Award. As a result of these efforts, Trinity’s real estate portfolio was successfully purchased in 2016 by Norges Bank, the central bank of Norway, at record-setting cap rates.
Prior to joining Trinity Wall Street, Alec held various managerial positions at Johnson Controls and Andover Controls, where he was responsible for development and execution of energy management, building efficiency and sustainability projects and strategies for leading commercial real estate clients.
Alec is a graduate of the executive management programme at Massachusetts Institute of Technology Sloan School of Management, where he was awarded an Executive Certificate in Leadership and Management. Alec holds a Master of Science degree in Electrical Engineering from Manhattan College. Alec possesses the following industry certifications: Certified Business Energy Professional (BEP), Certified Energy Manager (CEM), Certified Energy Procurement Professional (CEP), Certified Energy Auditor (CEA), Leadership in Energy and Environmental Design Accredited Professional (LEED AP). In 2016, Alec was awarded the prestigious Energy New York Award in Leadership. He is also a member of several boards of directors of leading industry organisations and chairs various energy industry committees.
JPMorgan Chase & Co. have provided innovative financial solutions for consumers, small businesses, corporations, governments and institutions around the world for over 200 years. Committed to building the best and most respected financial services company in the world, JPMorgan Chase & Co. embrace change and innovation, while staying true to the values on which the company was founded.
The firm strives to manage its global real estate and physical operations in an efficient and sustainable manner, continually looking for opportunities to improve its performance. Its Global Real Estate division has responsibility for managing the sustainability of its physical operations, including setting emissions reduction targets, implementing energy and water efficiency programmes, and overseeing recycling efforts and other green building management programmes.
The company has committed to reduce its operational greenhouse gas emissions by 50 per cent by 2020, compared with a 2005 baseline. Since 2005, it has reduced emissions by about 33 per cent.
In early 2016, the firm announced plans to install energy efficient LED lighting across most of Chase’s bank branches in the US, in a partnership which represents the world’s largest single-order LED installation to date, spanning up to 25 million square feet of building space across roughly 5,000 branches. The project is expected to reduce the branches’ lighting-related energy use by more than 50 per cent – the equivalent of taking nearly 27,000 cars off the road.
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