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Sustainability

Sustainability

We develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability.

Net-Zero by 2050

In July 2022, Science Based Targets initiative (SBTi) validated our greenhouse gas emissions reduction targets, making Choice Properties one of the first entities in Canada, and one of just 33 worldwide, to have net-zero targets approved by the SBTi. Our targets are consistent with the primary goal of the Paris Agreement – to limit the rise in global temperature this century to 1.5 degrees Celsius.

2022 Key Achievements

Net Zero

One of the first entities in Canada to have its net zero emissions targets validated by the Science Based Targets initiative

Green Lease

Development of green lease clauses across retail and industrial assets to promote energy efficiency, renewable energy, and low-carbon design

Diversity

Achieved the Women Lead Here 2022 benchmark demonstrating significant representation of women in leadership positions

Giving

Donated over $625,000 and 1,240 hours of colleague time to Canadian charities in support of empowering children in low-income communities

Suppliers

Released our Supplier Code of Conduct and implemented it on new, large contracts

Cybersecurity

Continued advancing our cybersecurity program and received a maturity rating which exceeds the industry benchmark by over 20%

Building a sustainable and equitable future is integral to our mission of creating enduring value

We continue to integrate resilient business practices to deliver value both for today and for future generations.

Fighting Climate Change

We are committed to doing our part to preserve our planet’s resources for current and future generations.

Advancing Social Equity

We hold ourselves accountable for advancing diversity, equity and inclusion for all stakeholders. We view the collection of varied experiences, talents and perspectives as a strength.

Governance

Choice Properties’ Board of Trustees and management team are dedicated to strong governance practices designed to maintain high standards of oversight, accountability, integrity and ethics.

Affiliations

We are proud to be associated with the following organizations to advance and promote sustainable practices in real estate and in business operations.

Making Progress

In 2019, Choice set five-year ESG targets (to be achieved by or before 2023). These include both environmental and social targets which will have a meaningful impact on our planet and our communities.

ESG Reports & Information

Environmental, Social & Governance Report

Published on April 24, 2023

Environmental, Social & Governance Report

Published on April 27, 2022

Pathway to Net-Zero Report

Published on November 22, 2022

November 2021 Green Bond, Allocation Report, Sustainalytics Second-Party Opinion

Published on November 30, 2022

Environmental, Social & Governance Report

Published on April 29, 2021

Green Financing Framework

Published on November 15, 2021

Sustainalytics Second Party Opinion for Green Financing Framework

Published on November 15, 2021

Environmental, Social & Governance Report

Published on April 23, 2020

Sustainability & Responsibility Highlights

Published on May 3, 2019

Please e-mail accessibility@choicereit.ca to request an accessible copy of any document.