Sustainable Practices
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.
Outdoor lighting principles hail the dark side
Guiding principles for responsible nighttime lighting define how light should be applied, but, first, prospective installers are advised to consider whether lighting is even necessary.
Climate action levers key amid competing crises
Strategists are pondering the most effective climate action levers to keep attention focused on reducing greenhouse gas emissions as other events and pressures commandeer priority-setting agendas.
Net zero spoilers embedded in behaviour traits
Professor Robert Gifford, a behavioural psychologist affiliated with University of Victoria’s School of Environmental Studies, tallies dozens of traits that could be undermining climate progress.
BOMA Canada launches net-zero learning pursuit
The first step in BOMA Canada's efforts to achieve net-zero operations, develop replicable guidance from the experience and promote best practices for carbon offsets begins with BOMEX 2023.
Receptive climate for risk management brewing
New guidance for CRE investors and owners/managers highlights climate-related risks, recommended safeguard measures and key questions for gauging the preparedness of assets.
Range of CRE stakeholders demand ESG metrics
Canada’s leading commercial real estate players are increasingly turning to ESG metrics to track responsiveness to a range of emerging risks and business imperatives.
Sustainable finance products forge way to 2050
Sustainable finance products, are expected to increasingly come into play as building owners/managers pursue decarbonization and look to bolster the climate resiliency of their properties.
Canadian buildings scrutinized in OECD review
As part of a biennial review and benchmarking of Canada’s economic performance, a new OECD report looks at progress toward the interim 2030 target and 2050 goal for net-zero carbon emissions.
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 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
New guidance urges commercial real estate operators to consider how contracting, purchasing and leasing can intersect with abuse, exploitation and discrimination.
Operational resilience a performance priority
New technical guidance for assessing and responding to building-level risk underscores that operations teams carry responsibility to safeguard occupants, facilitate business continuity and protect asset value.
Employees expect environmentally friendly offices
Six in 10 workers surveyed feel their office is "shamefully eco-unfriendly"
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.
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.
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.