Morguard releases 2015 Sustainability Report

Tuesday, March 29, 2016

Measurable reductions in energy, water and waste are a highlight of Morguard’s recent 2015 Sustainability Report.

Since 2009, Morguard has rallied key stakeholders, clients, tenants and employees in its corporate-wide Sustainable Morguard program to identify initiatives that contribute to sustainable communities.

So far, a collective effort to reduce its environmental footprint across Morguard’s office and shopping centre portfolio shows continuous progress seen in measurements like the 51.5 per cent of waste recycled in 2015 versus 40. 3 per cent in the 2010 baseline.

Other numbers show that compared to 2014, electricity and natural gas decreased by 6.9 per cent, an energy reduction of more than 42 million ekWh—enough energy to power 3,764 homes a year. Looking at the 2010 baseline, energy has decreased by 13.6 per cent.

Water consumption in 2015 resulted in a reduction equal to 13 Olympic swimming pools and a decrease of 1.8 per cent versus 2014 or 18.6 per cent versus 2010.

Greenhouse gas (GHG) emissions figure well into the building industry. Morguard’s energy-related emissions decreased by 6.5 per cent compared to 2014 and 23.9 per cent since 2010. This year, the reduced GHGs of 7,996 metric tonnes were equal to eliminating emissions from more than 1,480 passenger vehicles annually.

Some specific 2015 initiatives contributing to these numbers include a benchmarking process to measure and analyze the common area energy use of all of its Canadian enclosed shopping centres, the completion of a pilot program to setup energy profiles for its Canadian office properties in Canada’s Energy Star Portfolio Manager, and six more rooftop solar installations.

On the tenant satisfaction front, an Office Tenant Satisfaction Survey for 2015 showed 92 per cent of tenants agree that the overall company is environmentally responsible, while 89 per cent say the same about their managed building.

 

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