Toronto, ON (September 10, 2019) – Cadillac Fairview (CF) is pleased to announce it has ranked highly in the annual Global Real Estate Sustainability Benchmark (GRESB) and received a Green Star ranking. 2019 also marked the first time CF participated in the GRESB resilience module. The module assesses performance on measures which support climate resilience and adaptation.
"Receiving a Green Star ranking is a fitting way to celebrate 10 years of our Green at Work sustainability program," says Sal Iacono, Executive Vice President, Cadillac Fairview. "We have a leadership role to play in our industry just given the size of our footprint, so our commitment to corporate responsibility is integral to the growth of our business and the health of communities we serve. This consecutive achievement reflects our continued focus on implementing strategic priorities like Green at Work and measures that drive our performance."
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.
For more information on corporate responsibility at Cadillac Fairview, please visit our 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.