Toronto, ON (September 6, 2017) – Cadillac Fairview (CF) is pleased to announce it has ranked first in North America (for its reporting category – Diversified Office / Retail / Non-listed) and achieved a Green Star ranking in the Global Real Estate Sustainability Benchmark (GRESB). GRESB is the global standard for assessing sustainability in real estate, and the Green Star accolade signifies a strong performance in Environmental, Social and Governance (ESG) management, policy, risk and opportunities, stakeholder engagement, implementation and measurement.
“We are proud to once again be recognized by GRESB with the Green Star ranking,” stated John Sullivan, President and CEO, Cadillac Fairview. “Corporate responsibility is woven into the fabric of our business, and this achievement reinforces the objectives and measures we have put in place to elevate and embed responsible practices across all our development, operation and investment initiatives.”
This year was also the first time CF participated in the GRESB Health and Well-being module. The module provides participating respondents with practical tools for assessing and benchmarking the actions they are taking to promote the health and well-being of its employees and through the products and services they offer. CF is proud to have ranked first in North America / All Sectors.
For more information on corporate responsibility at Cadillac Fairview, please visit the 2016 Corporate Responsibility Report on cadillacfairview.com.
About Cadillac Fairview
Cadillac Fairview is one of the largest owners, operators and developers of best-in-class office, retail and mixed-use properties in North America. The Cadillac Fairview portfolio is owned by the Ontario Teachers’ Pension Plan, a diversified global investor which administers the pensions of more than 300,000 active and retired school teachers. The real estate portfolio also includes investments in retail, mixed-use and industrial real estate in Brazil, Colombia and Mexico.
Valued at more than $28 billion, the Canadian portfolio includes over 38 million square feet of leasable space at 67 properties in Canada, including landmark developments, such as Toronto-Dominion Centre, CF Toronto Eaton Centre, CF Pacific Centre, CF Chinook Centre, Tour Deloitte and CF Carrefour Laval.
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