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AFL-CIO

Abundant Power

Challenge Commitment

$150 million

Background

The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) and its affiliated labor unions are engaged in a major effort to find ways for skilled labor, Taft-Hartley and public employee retirement funds to be appropriately engaged in energy-saving building retrofits and infrastructure improvements across America. In addition to making investment managers aware of the many compelling investment opportunities in building retrofits and infrastructure, the AFL-CIO will undertake an energy-efficiency retrofit of its own headquarters to serve as a signature component of the Better Buildings Challenge. The AFL-CIO will work with existing real estate-focused investment funds to invest $150 million of capital in energy efficient retrofits of commercial, multifamily, institutional and public buildings.