Slate Grocery REIT
Climate Impact & Sustainability Data (2019, 2022-03-31, 2023-06-30, 2024-09-30)
Reporting Period: 2019
Environmental Metrics
Total Energy Consumption:8.5M kWh saved
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Completed significant environmental improvements across the portfolio to build upon BOMA BEST status and further reduce emissions and waste
- Completed conversion of Ontario portfolio to LED lighting, saving 8.5M kWh
- Completed tiered replacement of over 30 Variable Flow Devices in the Slate Office REIT portfolio, resulting in significant energy savings
- Installed solar panels on the roof of seven German grocery assets
Social Achievements
- Invested in employee wellness and engagement through initiatives such as the Diversity & Inclusion Committee, mental health seminars, and the Slate Sponsorship Program.
- Established an industry-leading program surrounding maternity leave and childcare
- Sponsored The Brain Project in support of Alzheimer's research
- Donated over $500,000 to charities
- Participated in mentorship programs for young people exploring a career in commercial real estate
- Commissioned large-scale art projects to raise awareness for Earth Week and foster community engagement
- Led numerous community outreach projects including the Brain Project, Bike Month, Rooftop Wellness Series, Alveole Rooftop Beekeeping
Governance Achievements
- Formalized employee code of conduct and ethics
- Implementation of Responsible Contracting Policy
- Each of our funds have formal governance measures in place which ensure alignment of all stakeholders and establish accountability for us as a manager.
Climate Goals & Targets
Supply Chain Management
Responsible Procurement
- Responsible Contracting Policy
Climate-Related Risks & Opportunities
Reporting Period: 2022-03-31
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- climate change
- social impact
- governance
Environmental Achievements
- Not disclosed
Social Achievements
- sponsor employee wellness and engagement initiatives
- contribute actively to community improvement and advocacy efforts
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-06-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate change
- Resource Efficiency
- Social Impact
- Ethical Business Conduct
Environmental Achievements
- Actively capturing energy, carbon, water and waste data for each property to support measurement, monitoring, target setting and reporting.
- Green leases are in place and are being rolled out to tenants. To date, this represents 650,000 square feet.
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Climate physical risks
- Climate transition risks
Mitigation Strategies
- Adopted a systematic process to evaluate the exposure of existing properties and all new acquisitions to climate physical risks.
- Work is also underway to evaluate the exposure of the REIT to climate transition risks which will inform targeted climate mitigation and adaptation strategies for properties at most risk.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFRS S1, IFRS S2, TCFD
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2024-09-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate change
- Environmental impact
- Social impact
- Governance
Environmental Achievements
- Energy, carbon, water and waste data collection initiated to support IFRS/ISSB sustainability and climate reporting.
Social Achievements
- Tenant discussions ongoing to align with tenants’ environmental and social priorities and the exchange of property environmental performance.
- Roll out of green leases underway to support tenant collaboration on environmental and social initiatives.
Governance Achievements
- Strong corporate governance with independent committees (Audit, Investment, Compensation, Governance and Nominating).
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFRS/ISSB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed