Canadian Property Management - Corporate Sustainability
REMI

Corporate Sustainability

Market transformation beckons greenwashing

Market transformation beckons greenwashing

Greenwashing is tapping into a demonstrated consumer preference for products and services with low-carbon credentials and growing interest in ESG accountability.
CRE mostly on its own to meet 2030 commitments

CRE strategizes to meet 2030 commitments

Among its many challenges, the race to meet 2030 commitments for greenhouse gas (GHG) emissions reduction could have some public relations complications.
Human rights due diligence aligns with ESG

Human rights due diligence aligns with ESG

New guidance urges commercial real estate operators to consider how contracting, purchasing and leasing can intersect with abuse, exploitation and discrimination.
environmentally friendly offices

Employees expect environmentally friendly offices

Six in 10 workers surveyed feel their office is "shamefully eco-unfriendly"
Business case assumptions evolve alongside ESG

Business case assumptions evolve alongside ESG

Investors and lenders are expected to increasingly focus on the physical and transitional risks of climate change, in turn upending some conventional views of costs and value.
REALPAC releases updated model green lease

Updated model green lease attuned to the 2020s

REALPAC’s newly updated model green lease for Canadian office buildings introduces measures aligned with the broadening demand for ESG reporting and performance outcomes.
REMI

Climate change and ESG pervade CRE projections

Climate change is more ominous than the spectre of regulations and taxes for a small majority of commercial real estate leaders responding to REALPAC’s recent survey of their expectations for the next decade.
climate change

Real estate could reap climate action dividends

The global urgency for climate action has an upside companion in global opportunities for strategic investment that could improve people’s lives and yield sustainable returns.
WELL Certification

Pandemic propels healthy building momentum

COVID-19 has intensified pressure to support physical, social and emotional well-being within the built environment, but many investors, owners and managers were already embracing healthy building principles ahead of pandemic-triggered challenges.
Climate risk infuses real estate investment agendas

Climate risk infuses investment agendas

Canadian commercial real estate assets are comparatively less exposed to the dire physical threats that extreme weather poses or has already served up in other global regions.

Multifamily energy performance typically vexing

Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.

GRESB adjusts 2020 path to the stars

More than 50 per cent of participating Canadian portfolios were grouped in the top two brackets of results, with 11 earning 5-star status and six attaining a 4-star rating.

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 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.

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 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 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.