Focus on Sustainability
By their nature, buildings affect their environments – changing the landscape, defining new skylines, becoming a destination, impacting traffic patterns, and, of course, using energy and water and generating waste.
The buildings in our portfolio are also places that deliver economic and social value. They are the places where tens of thousands of North Americans work, live and shop. The development of new buildings creates jobs and benefits for construction workers and tax revenue for local jurisdictions. Our goal is to reduce the environmental impact of our buildings, as we deliver and increase their economic and social value.
The most material environmental impact from real estate is greenhouse gas (GHG) emissions associated with the energy use in buildings over their lifetimes. We take a proactive approach to utility and resource management that establishes annual and long-term goals and objectives, tracks and reports key performance indicators and uses best management practices.
We continued to expand and refine our online energy and utility management system, enhancing greenhouse gas emission reporting, and insights into utility consumption.
The amount of waste being sent to landfill has decreased across the portfolio by 7% since 2011, showing a five year trend of 1.4% improvement per year.
LEED EB:O&M, ENERGY STAR, and BOMA BEST offer third-party verified certification programs that help us understand and demonstrate energy and environmental performance in existing buildings.