Sustainability is a strategic priority for Morguard. Our approach to Responsible Property Investment (RPI) is a best practice in the Canadian real estate industry. Incorporating environmental, social and governance indicators into property business and capital plans, provides investors with critical insights and allows Morguard to manage and operate efficient buildings. With a direct correlation between RPI and investment performance, this process results in value creation and operational excellence.
We are pleased to report on continuous improvement year-over-year - and against our updated 2015 baseline year. We have engaged with our stakeholders on the issues that are material to them, reduced our environmental footprint and improved health and safety of our employees.
2.8% reduction in energy use, enough to power 1,450 homes for a year
3.3% reduction in greenhouse gas emissions, equivalent to eliminating emissions from 750 vehicles
1.1% reduction in water use, equivalent to 8.5 Olympic swimming pools
12 LEED certified green buildings in operation
7 properties with solar power installations in operation
4 consecutive years of recognition as one of
Canada's Safest Employers
2016 Sustainability Highlights
Our 2016 Sustainability Highlights provides a high-level overview of our Sustainable Morguard program.
2016 Sustainability Report
Our 2016 Sustainability Report provides detailed results of our Sustainable Morguard program. This Report is guided by the Global Reporting Initiative (GRI) sustainability reporting framework.
Our 2035 Long-Term Objectives
Our Voice: Advocating for Sustainable Real Estate
We will communicate our sustainability journey with passion, integrity, transparency, and pride. In doing so, we will not only inspire others to join us but we will seek our stakeholders’ support on our continued journey.
Responsible Property Investment: Sustainability Adviser to Our Clients
We will provide the best strategic advice to our clients on both environmental, social, and governance (ESG) factors and financial factors. We will create new investment strategies and opportunities that align with our sustainability principles while managing risk effectively and creating lasting, real returns.
Reaching Net Zero: Partnering to Achieve Sustainable Buildings
We will operate our buildings in alignment with our sustainability principles, thereby neutralizing
our environmental impacts. We will achieve this by partnering with our tenants and clients and systematically applying innovative building solutions to reduce our combined environmental footprint.
Sustainable Development: Building and Supporting Our Communities
We will support the communities in which we operate through the construction of sustainable real estate and localized philanthropy. As a real estate developer, we have a significant impact on communities and, therefore, we have a unique responsibility to contribute to their sustainability.
Responsible Employer: Empowering Our People
We will create a culture of respect, inclusion, health, safety, and equal opportunity by removing barriers to employees meeting their needs. We will empower employees to ensure that Morguard retains, engages, and attracts innovative talent that will contribute to the success of our sustainability journey.
Our Sustainable House: Leading by Example
We will set an example in our corporate offices and through our business practices – inspiring our stakeholders to follow our lead. As both a landlord and a tenant, we have a unique ability to demonstrate our commitment to sustainability in our properties. As a corporation, we will demonstrate best practices in responsible governance company-wide.