Pramerica Real Estate Investors has named David DeVos as its new Global Sustainability Officer, responsible for overseeing the company’s evolving strategy to reduce its worldwide environmental footprint.

Pramerica Real Estate Investors has named David DeVos as its new Global Sustainability Officer, responsible for overseeing the company’s evolving strategy to reduce its worldwide environmental footprint.

Pramerica is the real estate investment management and advisory business of US-based Prudential Financial.

'We have so far made tremendous progress integrating sustainability into our business and culture, and assessing the opportunities and potential risks that climate change and sustainability-related issues present for our business and investment portfolios,' said Allen Smith, CEO of Pramerica Real Estate Investors.

DeVos will lead the firm’s Global Sustainability Committee and oversee its regional committees in the US, Europe, Latin America and Asia. Pramerica launched its sustainability initiative in 2008 to increase environmental awareness and ensure the firm protects and maximizes the value of each investment through energy and resource conservation.

Before joining Pramerica, DeVos co-founded Ecoxera, a consulting firm that helps companies develop sustainability standards.