Environmental, social & governance
A culture of ESG commitment
At Brookfield Properties, we believe that doing the smart thing and doing the right thing are one and the same. Whether it’s our environmental, social, or governance practices, we operate to the highest ethical standards in accordance with our Code of Business Conduct and Ethics. By holding ourselves to the highest standards, we don’t just benefit our employees and tenants, but the communities that our buildings belong to.
4 Pillars
Lead on Sustainable Solutions: we prioritize understanding and managing our environmental impact to be best-in-class on sustainable development and operations.
Partner for Thriving Communities: we realize real estate reimagined through collaboration and partnerships to create vibrant, engaged, sustainable communities.
Empower our People: we lead with inclusivity, embracing our diverse culture and investing in our teams to support individual development and growth.
Promote Trust through Governance: we’re committed to maintaining the highest ethical and legal standards.
Sustainable solutions
We know. A cleaner future can’t wait.
Brookfield Properties acknowledges the role that building emissions play in climate change and we’re committed to achieving net zero carbon emissions by 2050 or sooner through Brookfield Asset Management’s signatory to the Net Zero Asset Managers initiative. Learn more about our drive to net zero here.
For us, sustainability isn’t a box we check. It’s how we do business.
Respect for the environment is embedded into all aspects of our operations, from conserving energy, to managing resources, to reducing waste. And ultimately, this commitment to sustainability proves time and again that operating responsibly doesn’t mean compromising value. Our efforts in practicing sustainable building operations have gained us industry leading designations. From LEED® certifications to BOMA 360 designations, Energy Star certifications to most recently the WELL Health-Safety Rating™ - our North American office buildings strive to achieve industry best accreditations.
What is net zero carbon? Net zero carbon means achieving a balance between greenhouse gases emitted and those taken out of the atmosphere, or avoided. Organizations worldwide are setting targets for achieving net zero carbon as part of the global aim to limit climate change to 1.5 degrees of warming or less.
Brookfield Properties acknowledges the role that building emissions play in climate change and as such, we are committed to achieving net zero carbon emissions by 2050 or sooner through Brookfield Asset Management’s signatory to the Net Zero Asset Managers initiative.
Pathway to net zero
That said, we’re not waiting until 2050 to take action. At Brookfield Properties, our net zero carbon journey is well underway. We’ve been quantifying our carbon since 2008 and we’re actively working to ensure all of our Canadian office properties will utilize 100% emissions free electricity by 2030, or sooner.
Additionally, we are taking a holistic view on carbon emissions for our assets. It’s not always about building brand new as the embodied (or upfront) carbon associated with new construction can far outweigh the operational emissions over the life of the building. As such, we feel that it is very important to continue to prioritize repurposing and retrofitting our existing buildings to reduce our net emissions as we move toward our 2050 target.
Learn more about net zero
Have a question about net zero?
When it comes to reducing our environmental footprint, we put our best foot forward.
How?
We focus on these key areas:
Energy management
Wellness
Waste management
Water management
Indoor air quality
Carbon reduction
Wellness
Health and well-being programming that focuses on you
Our wellness programs are one of the many benefits of being a tenant at our buildings. It’s where we get to share best practices for gaining and maintaining personal wellness with our tenants. With our wide offerings of physical and digital events, we provide tips and tricks for building resilience and living and working sustainably.
Wellness on axiis
- 150+ wellness events developed by property teams
- +54,000 lives improved through our wellness programming
Sign up for online yoga or join talks with dietitians. From meditating virtually to learning about the benefits of biking to work and managing personal finances, we put our tenants’ wellbeing first.