REMI

Sustainability

New water use initiatives afloat in summer 2024

New water use initiatives afloat in summer 2024

New water use initiatives from the Canadian government and the Open Standards Consortium for Real Estate (OSCRE) have been unveiled for public input over the course of summer 2024.
Energy data refines ESG performance metrics

Energy data refines ESG performance metrics

Energy efficiency will gain standing in the 2025 GRESB assessment when the global benchmark for ESG performance of commercial real estate portfolios introduces revised scoring for its energy performance metric.
New green buildings strategy mostly a rehash

New green buildings strategy mostly a rehash

The Canadian government’s newly released green buildings strategy contains little that is actually new for commercial real estate or public sector facilities.
Salvaged steel fit to fortify decarbonization

Salvaged steel fit to fortify decarbonization

The cost case for salvaged steel looks promising even with an embryonic supply chain and a raft of logistical complexities to recover and then reuse structural members in new construction projects.
Prized office tenant steps up green demands

Prized office tenant steps up green demands

Ottawa landlords are contemplating a list of new expectations from a prized office tenant following recently announced updates to the federal government’s green operations strategy.
west end vancouver

Resolvable barriers still impede accessibility

The building features that most commonly impede people with disabilities are not those that are the costliest or most structurally complicated to correct, new survey findings show.
Pending climate-related disclosure rules highlight data requirements

A transparent need for data strategies

Based on self-reporting, many of the commercial real estate firms subject to the U.S. Securities and Exchange Commission’s pending climate-related disclosure rules are grappling with how they will comply.
Buildings sector pulls back on GHG accelerator

Buildings sector pulls back on GHG throttle

Greenhouse gas emissions from Canada’s buildings sector indicated improvement in 2022 in keeping with the general results of the newly released national inventory report.
Decarbonization roadmap navigators now in demand

Decarbonization roadmap navigators in demand

Real estate operators are looking to consultants, turnkey contractors and software for navigational assistance in developing and implementing decarbonization roadmaps.
Alberta to tighten grip on public sector facilities managers

Alberta to tighten grip on public sector FMs

The Alberta government is moving to tighten its grip on public entities that are defined as “creatures of the province,” yet have conventionally had leeway to seek and accept direct federal investment.
Resilience still lacks climate action profile

Resilience still lacks climate action profile

Climate change adaptation measures are typically viewed as risk management rather than levers for investment returns, but they are inherently linked to building and portfolio value.
Energy storage prompts battery of precautions

Energy storage prompts a battery of precautions

In step with the projected surge in energy storage installations, fire safety advisors are actively working to help clean tech adopters understand and mitigate the risks.
OEB in doghouse for cost recovery ruling

OEB in doghouse for cost recovery ruling

The Ontario government plans to establish its authority to designate critical gas transmission projects and reaffirm the existing cost recovery model for connecting natural gas service to new residential development.
Clean energy projects serve mix of purposes

Clean energy projects serve mix of purposes

Clean energy projects present a burgeoning means for Indigenous peoples to assert stewardship of natural resources, nurture sustainable economic growth and curb reliance on fossil fuels.
State of good repair lags in Toronto

State of good repair lags in City of Toronto

Toronto is backsliding on the upkeep of municipal facilities, with a state of good repair backlog that’s projected to surpass $1 billion this year and then continue accumulating to nearly $1.47 billion by 2033.
CRE fosters all-in approach to decarbonization

CRE fosters all-in approach to decarbonization

Daunting net zero targets in the buildings sector are spurring an all-in approach to decarbonization that assigns roles to finance, engineering, management and operational teams.
DEI progress harder to see in 2023 survey

DEI progress harder to see in 2023 survey

A jump in participation makes progress harder to see in findings from the third global survey of diversity, equity and inclusion initiatives in the commercial real estate sector.