Sustainability
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.
Rooftop solar photovoltaics spark safety advice
Rooftop solar PV installations pack a potentially lethal electrical charge, necessitating vigilant monitoring and maintenance of the many system components.
Global energy appetite eats up efficiency gains
The global buildings sector made some headway in curbing its energy appetite and output of greenhouse gas emissions last year, but is still off-pace to achieve the International Energy Agency's targets.
Climate change adaptation efforts unfolding
Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.
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.
Canada to pursue energy efficiency improvements
Canada has joined 44 other national governments, worldwide, in endorsing the International Energy Agency's push for a 4 per cent annual reduction in energy intensity by 2030
Ontario offers bonus incentives for retrofits
Bonus incentives for energy efficiency upgrades will be available to select commercial and multifamily landlords and condominium corporations in Ontario during the second and third quarters of 2023.
Ontario awaits patchy debut of discount power
Most condominium corporations and rental housing landlords will need to make capital investments in energy storage to realize the benefits of Ontario's ultra-low overnight electricity rate.
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.
CRE awaits spinoffs of new provincial spending
Quebec and Ontario have announced investment incentives that could have implications for land deals and/or technologies and products that commercial real estate uses.
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.
Dim future for fluorescents and metal halides
Fluorescents and metal halides will be further marginalized in the lighting market with pending amendments to Canada’s regulations governing products containing mercury.
CDM program hiccups logged in Ontario review
The COVID-19 pandemic and supply chain disruptions are frequently cited, but not the only reasons for uneven uptake of Ontario’s energy retrofit and performance incentives over the past two years.
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.
Infrastructure investment a go-to in downturn
For public partners, P3s are a means to transfer risk. For the private sector, infrastructure’s recession-proof profile dovetails with expectations for a prolonged building spree.
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.