REMI

ESG

Canadian Property Management

GRESB swaps GBCI umbrella for B-Corp status

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.

REMI Network

Biogen pledges to go fossil fuel-free by 2040

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

Canadian Property Management

Brookfield looks to Carney on ESG-focused funds

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.

REMI Network

GRESB response demonstrates ESG momentum

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.

Canadian Property Management

COVID-19 expected to drive transparency metrics

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.

REMI Network

Toronto to refine investment decision process

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

Canadian Property Management

New metric to peg portfolio warming potential

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.

Canadian Property Management

Oxford Properties a USGBC leadership honouree

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.

Canadian Facility Management & Design

Design standards key to benchmarking diversity

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.

Canadian Property Management

Canadian GRESB participants close gap to leaders

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.