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CADILLAC FAIRVIEW RELEASES 2016 CORPORATE RESPONSIBILITY REPORT
Mar 20, 2017

 

Toronto, ON (March 20, 2016) – Cadillac Fairview is pleased to announce the publication of its 2016 Corporate Responsibility report. Cadillac Fairview’s commitment to corporate responsibility is a driving force within the Company that inspires growth and innovation, guides business decisions, propels philanthropic commitments, and helps attract and retain top talent.  

 

“At Cadillac Fairview, environmental, social and governance principles are fundamental to all aspects of our operations, and all of our business decisions are made through the lens of corporate responsibility,” said John Sullivan, President and Chief Executive Officer, Cadillac Fairview. “We are proud of the accomplishments we achieved in 2016 and look forward to improving upon our efforts year after year. The entire CF team is excited by the possibilities in 2017, as we continue our mission to have Cadillac Fairview, our people, and our properties recognized as building leaders.”

 

Prepared in accordance to Global Reporting Initiative (GRI) Standards, an internationally recognized standard for sustainability reporting, the 2016 report highlights Cadillac Fairview’s efforts around corporate responsibility including sustainability, health and safety, and strengthening local communities. Through the Company’s national environmental sustainability program, Green at Work®, Cadillac Fairview integrates sustainability into building operations and maintenance with a focus on five key areas:  Energy, Waste Management, Environment Protection, Responsible Procurement and Stakeholder Collaboration.

 

2016 Highlights

  • Reduced over 23 million ekWh, equivalent to amount consumed by 780 Canadian households per year
  • Surpassed 2.5 per cent energy reduction target with a 3.9 per cent reduction rate, with overall reductions of 27 per cent between 2009 and 2016
  • Improved overall waste diversion across our retail, office and mixed-use properties from 73.5 per cent to 77.4 per cent
  • Conserved more than 63 million litres of water, with a reduction rate of 3.1 per cent
  • Reduced Greenhouse Gas emissions by 2,900 tonnes, equivalent to removing 600 cars off the road  
  • Added nine new LEED (Leadership in Energy and Environmental Design) Platinum and three LEED Gold certifications to our portfolio; including Toronto-Dominion Centre becoming one of the first and largest Platinum certified LEED complexes in the world  
  • Scored an A+ in the Direct Property Investing module conducted by the United Nation’s-backed Principles for Responsible Investment Initiative

 

Contributed nearly $1.7 million in support of local, regional and national charity organizations With nearly 1,500 employees across Canada, Cadillac Fairview’s commitment to its people has led to industry recognition and distinction during the past year. In 2016, Cadillac Fairview was proudly recognized as an outstanding employer and workplace with the following accolades: Achievers, Canada’s Greenest Employers, Greater Toronto’s Top employers, TOBY Awards, Clean 50 & Earth awards.

 

For more information about Cadillac Fairview and its Responsibility Program, visit 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 $29 Billion, the Canadian portfolio includes over 37 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 and CF Chinook Centre.

 

Media Contact

Anna Ng
Cadillac Fairview
anna.ng1@cadillacfairview.com
647-534-8071