Karen Mahrous Joins Clarion Partners as Senior Vice President, Head of ESG

November 19, 2021 /3BL Media/ - Clarion Partners LLC, a leading real estate investment manager and a specialist investment manager of Franklin Templeton, announced that Karen Mahrous has joined the Firm as a Senior Vice President and Head of ESG. Clarion Partners is a leading U.S. real estate investment manager and one of Franklin Templeton’s specialist investment managers.

Karen will work with cross-functional teams throughout the organization to develop a formal framework to implement the Firm’s recently announced commitment to the Urban Land Institute’s Net Zero by 2050 Greenprint program and strengthen Clarion’s alignment with the United Nations Sustainable Development Goals (SDGs).

In addition, she will work with the Asset Management team to pursue carbon reduction programs across all sectors in our global portfolio, and be responsible for supporting Clarion’s industrial team in implementing its new prototype for the U.S. Green Building Council’s LEED certification program for new industrial development. Importantly, Karen will partner with Human Resources to manage firm’s growing number of diversity, equity, and inclusion initiatives, including supporting the PREA SEO and Cristo Rey internship programs 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.”

Karen brings experience in managing sustainability program implementation, including the certification of over six million square feet under the LEED and WELL programs nationwide. She holds an M.S. in Sustainability Management from Columbia University, is a LEED and WELL AP, and sits on the GRESB North America Benchmark Committee.

“Clarion has a tremendous platform as an established industry leader,” said Mahrous. “I look forward to enhancing the existing ESG program and leading the path forward toward Net Zero and the Firm’s other crucial ESG initiatives.”

About Clarion Partners, LLC

Clarion Partners, LLC, has been a leading real estate investment manager for more than 39 years. Headquartered in New York, the firm maintains strategically located offices across the United States and Europe. With over $65 billion in total real estate and debt assets under management, Clarion Partners offers a broad range of real estate strategies across the risk/return spectrum to its more than 500 institutional investors across the globe. More information about the firm is available at www.clarionpartners.com.

About Franklin Templeton

Franklin Resources, Inc. [NYSE: BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience and over US$1.5 trillion in assets under management as of October 31, 2021. For more information, please visit franklinresources.com.