Sustainability

Sustainability is a strategic priority for Morguard. Our approach to Responsible Property Investment (RPI) is a best practice in the Canadian real estate industry. Incorporating environmental, social and governance indicators into property business and capital plans, provides investors with critical insights and allows Morguard to manage and operate efficient buildings. With a direct correlation between RPI and investment performance, this process results in value creation and operational excellence.

We are pleased to report on continuous improvement year-over-year - and against our updated 2015 baseline year. We have engaged with our stakeholders on the issues that are material to them, reduced our environmental footprint and improved health and safety of our employees.

  • 5.8% reduction in energy use, enough to power 1,756 homes for a year
  • 7.8% reduction in greenhouse gas emissions, equivalent to eliminating the annual GHG emissions from over 3,519 passenger vehicles
  • 9.4% reduction in water usage, equivalent to 189 Olympic swimming pools
  • 5,600 metric tons of waste diverted from landfill, equivalent to 552 garbage trucks of waste.
  • 14 LEED certified green buildings in operation with 3 properties currently in the certification process
  • 60 properties currently certified through BOMA BEST with 7 properties currently in the certification process
  • 8 consecutive years of recognition as one of Canada's Safest Employers
  • Morguard was also the recipient of 24 Green Building awards in 2020, ranging from industry to client specific acknowledgements

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HRC Bees

Holt Renfrew Centre is actively taking part in sustainable development. The installation of one beehive on the green roof of our property has made a huge inpact to the ecosystem and the bee community.

Urban beekeeping contributes to increasing local honey production, the pollination and provides a greener urban setting. Its mission is to protect the bees that have been in decline all over the world, while increasing the general population’s awareness about their essential role for the environment. The bee is a pollinator insect that plays a major role in the production of fruit, vegetables and nuts: one third of our food supply relies on their pollination!