When we discuss waste, we include recyclable materials and garbage going to landfill.

While the total amount of waste material has increased across the portfolio since 2012, the increase is attributed to recyclable materials which are diverted from landfill. In the same time period, waste to landfill has actually decreased by 5.4%. While the growth in total waste material is concerning, a portion is likely attributable to improvements in the accuracy of the data. We also note that no data was available for 69% of the total portfolio (mostly retail or industrial).

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Expandtotal waste by material (MT)

Waste diversion

Diversion rates measure how much waste is diverted to recycling compared to how much of the waste goes to landfill. We show waste diversion rates and the percent change in the rate year over year. Because the detail may be lost due to rounding, the percent change value helps with understanding the numbers. We believe that an increased focus on overall waste reduction is necessary. Waste diversion rates have increased in most asset classes in both Canada and the U.S., which suggests that our focus on recycling has been effective, and that we need to increase our efforts on waste reduction to complement that recycling messaging.

In 2016, waste diversion rates in office were 51% and in enclosed retail, they were 46%. While diversion rates are trending upwards in all asset types in Canada and the U.S., renewed focus on tenant engagement to reduce waste production is needed to meet and exceed industry standards for all assets.

Looking forward, we will continue to work with our partners in the waste industry to improve our processes, and increase our zero waste options for tenants.

More detailed environmental performance data is available here.

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