Corporate Sustainability

BOMA Toronto's race2reduce aligns with climate capitalism

Real estate makes space for climate capitalism

The 2020 race2reduce field boasts more than 1,730 buildings encompassing 248 million square feet of space in common areas and tenant premises — an increase from 650 buildings covering 95 million square feet in 2019.
Public disclosure of energy use and GHG intensity holds little appeal for building owners concerned about uninformed scrutiny

Public disclosure could foil energy reporting

The City of Winnipeg has invited commercial building owners and institutional facility managers to affix their Energy Star Portfolio Manager results on a publicly accessible map.
real estate companies are a small fraction of low-carbon earners in this year's Clean200

Low-carbon earners scarce in listed real estate

Technically, three real estate entities are ranked in the 2020 Clean200 list of publicly traded companies, but just two of them have conventional commercial real estate portfolios.
Climate risk profilers

Climate risk profilers wrangle fragmented data

A widening scope of resources can be tapped to build increasingly sophisticated risk profiles, but sustainability practitioners note that data is often fragmented and difficult to obtain.
climate change procrastinators

Climate change procrastinators urged to act

The mounting consequences of being stuck fast in the wrong place for an extended wrong time begin with soaring insurance premiums and end with stranded assets.
GRESB

GRESB gets lift from ESG tailwind

Major Canadian players figure among both GRESB investor members with full access to the data and the larger complement of management members that report and are benchmarked through the real estate assessment.
retail projects USGBC

Canada ranks second for LEED-certified retailers

USGBC has released its LEED in Motion: Retail report, which highlights retail facilities that incorporate LEED and other sustainability practices.
Saddledome demolition

Saddledome demolition plan bucks transparency

The upfront cost has been projected at $13.8 million. The environmental repercussions of dismantling and discarding a 474,000-square-foot concrete and steel structure are more difficult to peg.
prominent global real estate players

ESG guides prominent global real estate players

ESG provides a framework to set priorities, steer action and monitor progress toward more resilient assets, with 93 per cent of respondents reporting that criteria linked to sustainability, supporting local communities and shunning corruption influence their investment decisions.

Real estate primed for low-carbon vanguard

Canada's Expert Panel on Sustainable Finance suggests there is more untapped opportunity than coordinated action in a market grappling with emerging imperatives for climate-related financial disclosure and integrating ESG measures.

Trading screwdrivers for strategic partnerships

Facilities management needs to have a voice in the C-suite. As business evolves, company leaders will require strategic facilities managers.

Plans for first net positive energy office building

An office building in Markham, Ontario's technology hub plans to be the first net positive energy office building in Canada.

BOMA Canada awards industry’s best

The Canadian commercial real estate industry gathered in the Fairmont Royal York Hotel in downtown Toronto last night for the BOMA Canada National Awards.

Climate risk raises stranded asset potential

Worldwide escalating tallies of damage from storms and drought-related phenomena are indisputably capturing the commercial real estate industry's attention.

Inside the Zero Carbon Building Standard

The CaGBC is working to spearhead the next evolution of green building with the launch of its Zero Carbon Building Standard.

Colliers International moves into brand new HQ

Colliers International just moved more than 220 employees into its sprawling new headquarters in downtown Toronto.

Research challenges current green roof standards

Flooding is giving rise to new research on how green roof performance metrics can better manage water capacity.