BentallGreenOak (including BentallGreenOak (Canada) Limited Partnership, BentallGreenOak (U.S.) Limited Partnership, their worldwide subsidiaries, and the real estate and commercial mortgage investment groups of certain of their affiliates)
Climate Impact & Sustainability Data (2023-01 to 2024-03)
Reporting Period: 2023-01 to 2024-03
Environmental Metrics
Total Carbon Emissions:500,000 tCO2e (approx. based on 2023 data, excludes significant portion of assets)
Scope 1 Emissions:20,769 tCO2e (2023 data, excludes significant portion of assets)
Scope 2 Emissions:65,550 tCO2e (2023 data, excludes significant portion of assets)
Scope 3 Emissions:278,948 tCO2e (2023 data, excludes significant portion of assets)
Renewable Energy Share:Not disclosed
Total Energy Consumption:1,420,000 MWh (approx. based on 2023 data, excludes significant portion of assets)
Water Consumption:3,562,763 m3 (2023 data, excludes significant portion of assets)
Waste Generated:58,133,738 kg (2023 data, excludes significant portion of assets)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Decarbonization
- Resource Conservation
- Equity, Diversity and Inclusion
- Thriving Communities
- Climate Resilience
- Net Zero Approach
- Operational Efficiency
Environmental Achievements
- 53 solar projects completed
- 24 net zero studies initiated in 2023 (Canada)
- $17M in utility savings from 2019 to 2023
- 14.5% reduction in energy intensity in 2023 vs. 2019
- 86% of North American leased space has at least one building certification
Social Achievements
- 24% of Senior Management is comprised of women
- 69% of new employees were women or visible minorities
- $857,129 donated to charities
- 45 corporate volunteer events funded globally
Governance Achievements
- Developed a Global Sustainable Investing Framework
- Achieved 4- or 5-star ratings in GRESB for 100% of participating investment strategies
- Received 4-Star or 5-Star rating in PRI on every module
Climate Goals & Targets
Long-term Goals:
- Net zero emissions by 2050 or sooner (updated targets in progress)
Medium-term Goals:
- Net zero emissions by 2050 or sooner (updated targets in progress)
Short-term Goals:
- Not disclosed
Environmental Challenges
- Expanding environmental performance data collection globally
- Addressing climate-related physical and transition risks
- Improving ESG data coverage and quality
Mitigation Strategies
- Developed a Global Sustainable Investing Framework
- Utilizing Moody’s Climate on Demand tool for climate risk assessment
- Investing in internal data infrastructure and tools
- Conducting decarbonization studies and net zero assessments
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Code of Business Conduct
- Sustainability goals embedded in third-party property management agreements
Climate-Related Risks & Opportunities
Physical Risks
- Floods
- Hurricane-force winds
- Sea-level rise
- Water stress
- Heat stress
- Wildfires
- Earthquakes
Transition Risks
- Regulatory changes
- Utility price impacts
Opportunities
- Development of energy-efficient products
- Investment in renewable energy
Reporting Standards
Frameworks Used: GRI Universal Standards, TCFD
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Net zero buildings
- All-electric cold storage warehouse
- Rooftop solar panel systems
Awards & Recognition
- GRESB 4- or 5-star ratings
- PRI 4-Star or 5-Star ratings
- ENERGY STAR Partner of the Year – Sustained Excellence
- Fitwel Champion
- Green Lease Leaders Gold Landlord award