Taking Action for Our Communities
We are pleased to present our full 2019 Sustainability Report and accompanying 2019 Sustainability Highlights Report, demonstrating continuous improvements across environmental, social and governance (“ESG”) indicators at our owned and managed real estate portfolio.
Sustainable Morguard, the company's sustainability program, has been particularly successful in reducing the environmental footprint of our properties, improving health and safety and enhancing tenant satisfaction. Our most recent example of our commitment was our response to the unforeseen challenge of the current health crisis, and it has profoundly affected us all. We are taking decisive action to ensure the health and well-being of all stakeholders. We are focused on supporting our employees, tenants and communities as well as ensuring our properties remain safe and healthy as we move forward.
Together, with employees, tenants and investors, we achieved the following results in 2019:
7.9% reduction in energy use, enough to power 1,407 homes for a year
8.5% reduction in greenhouse gas emissions, equivalent to eliminating the annual GHG emissions from over 2,631 passenger vehicles
5.4% reduction in water usage, equivalent to 37 Olympic swimming pools
10,500 metric tons of waste diverted from landfill, equivalent to 1,034 garbage trucks of waste
12 LEED certified green buildings in operation with 4 properties currently in the certification process
52 properties currently certified through BOMA BEST with 14 properties currently in the certification process
7 consecutive years of recognition as one of
Canada's Safest Employers
- Morguard was also the recipient of
19 Green Building awards in 2019, ranging from industry to client specific acknowledgements
2019 Sustainability Highlights
Our 2019 Sustainability Highlights provides a high-level overview of our Sustainable Morguard program.
2019 Sustainability Report
Our 2019 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: Creating Sustainable Returns
We will incorporate best practices and lessons learned on both ESG factors and financial factors to 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.