Environment

Our commitment to environmental responsibility is underpinned by the importance we place on preventing and minimizing the impact of our activities on the environment. Sound environmental practices and behaviours are entrenched in our approach to business activities; we remain committed to conducting our activities in an environmentally responsible manner by focusing on continuously improving our practices.

As a holding company, our direct environmental impact is limited to the operations of our head office, which has no production or manufacturing functions. Despite this limited impact, we work diligently to reduce our environmental footprint, while working with our group companies to support their environmental management initiatives.

Our management approach to the environment is further reinforced through our Environmental Policy, which sets out our commitment to conduct our activities in an environmentally responsible manner. We have established an environmental management system based on the Building Owners and Managers Association (BOMA) Go Green Certification Management System. Every three years, an audit is conducted to assess compliance with the management system criteria. This includes resource consumption, waste management and recycling, and materials management. Ongoing monitoring of these programs is conducted to continuously improve our performance.

Our environmental management activities are overseen by the Vice-President, Human Resources and Administration, and the Vice-President and General Counsel.

We have focused our environmental priorities on:
REDUCING

Energy and carbon footprint

INCREASING

Use of renewable resources

PREVENTING, REDUCING AND DIVERTING

Waste from landfills

PROCURING

Products and services responsibly

2015 Achievements

  • Reduced GHG emissions and energy associated with electricity and natural gas consumption by 7.2%, using 2011 as a baseline, exceeding the 5% reduction target we had established.
  • Received a score of 90C on the 2015 Carbon Disclosure Project.
  • Maintained green building certification though BOMA BESt® at our corporate head office.
  • No environmental incidents were reported.
  • Helped finance cleaner and more renewable energy projects through our subsidiary Power Energy Corporation. 
  • Engaged with suppliers to procure sustainable products and services.
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