REMI

Environmental Management

Carbon price rescoped to industrial emitters

Carbon price refocused on industrial emitters

Cancellation of the consumer carbon price comes with the Canadian government’s affirmation that other incentives for reducing GHG emissions from buildings will remain in place.
Lenders exhibit decarbonization disconnect

Lenders exhibit decarbonization disconnect

Canadian lenders may be reassessing the urgency of decarbonization, but they still express enthusiasm for the sustainable assets and impact investments that appear to be losing cachet in the United States.
Toronto gives heads-up on emission thresholds

Toronto offers heads-up on emission thresholds

Toronto could join the slate of North American jurisdictions that impose thresholds for allowable greenhouse gas emissions from buildings sometime later this year.
CRE retains ESG adherents as U.S. politics turn

CRE retains ESG adherents as U.S. politics turn

Resilience and energy/water efficiency are projected to remain highly relevant for commercial real estate in the United States, while some other concepts linked to ESG are tapped to lose momentum.
New refrigerant restrictions set for 2025

New refrigerant restrictions set for 2025

Regulators in Canada and the United States are out of sync in banning the R-410A refrigerant that’s currently a mainstay of variable refrigerant flow (VRF) heat pump systems.
innovation efficiency

Existing buildings sector limbering up with AI

Artificial intelligence is proving useful for teaching old dogs new tricks in the existing buildings sector, finding energy savings and emissions reductions in advance of comprehensive retrofits.
Ontario re-evaluates steps for land use change

Ontario re-evaluates steps for land use change

Proposed new provincial legislation would strip municipalities of their ability to request a record of site condition (RSC) in specified circumstances where the risk of site contamination is deemed to be low.
Sustainable proptech gaining momentum

Sustainable proptech gaining momentum

An expanding roster of tech companies aligned with the sustainable and smart buildings market reflects growing demand from end-users and draws support from increasingly enthusiastic investors.
BOMA Canada

BOMA Canada awards industry’s best for 2024

The Building Owners and Managers Association of Canada presented its national awards on September 25, 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.
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.
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.