Orange is the designated colour to show support and build awareness within commercial and institutional buildings as Canada prepares to mark its first official National Day for Truth and Reconciliation.

The 2021 GRESB real estate results, slated to be released later this fall, will draw from a database of 1,520 entities collectively reporting on 117,000 assets valued at USD $5.7 trillion.

Anna Murray has been promoted to managing director and appointed to the newly created role of global head of ESG with SLC Management.

Securities regulators wish to confirm that the representations registrants are making about the incorporation of ESG principles in their investment decision-making processes are consistent with their actual policies and procedures.

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.

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.

Proceeds from this and future green offerings will be applied to financing or refinancing four categories of assets to be known as eligible green projects.

The global benchmark for ESG performance of commercial real estate portfolios and infrastructure investments has reacquired its independence and established a non-profit foundation to oversee standards development.

Biogen is embarking on a 20-year journey to eliminate fossil fuel emissions across its global operations and promote health equity.

Mark Carney, the United Nations special envoy for climate action and finance, has joined Brookfield Asset Management as vice chair and head of ESG and impact fund investing.

Participation in the global benchmarking exercise increased 18 per cent from 2019 and represents more than USD $5.3 trillion worth of assets under management.

Canada once again places in the top tier of “highly transparent” nations in the newly released 2020 edition of the JLL/LaSalle Global Real Estate Transparency Index.

Proposed policy changes would embed United Nations sustainable development goals in ESG criteria and adjust parameters for allocations to real assets.

A new package of analytical tools identify and track asset exposure to climate risk, aligned with the steady adoption of the Task Force on Climate-related Financial Disclosures by global financial institutions.

The awards are bestowed to individuals and organizations that have advanced sustainable principles and practices in design, management, operations and community building, while serving as role models and resources for their peers.

Accessibility and inclusiveness are on the agenda for a pending update of the model green office lease that has become an entrenched standard in Canada's commercial real estate sector.

Eighteen Canadian real estate organizations undertook the rigorous reporting exercise, which plots portfolio-wide ESG (environmental, social, governance) intent, practices and outcomes, and collectively achieved an average score of 70 out of a possible 100 points.