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ESG

Building a better world, together.

Sustainable practices are an integral component of our long-term success. We pride ourselves on incorporating innovative methods every day, and believe that using resources in a responsible manner preserves and protects our environment for future generations.

Our Guiding Principles

Our approach is based on the following Environmental, Social, and Governance (ESG) principles.

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Environmental

We aim to develop and operate properties that achieve optimum resource efficiency, occupant satisfaction, and reduced carbon emissions, anticipating and understanding our longer-term climate risks

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Social

We’re focused on improving the health and wellness of our employees and customers, and prioritize making a positive contribution to the communities we serve

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Governance

We are always transparent in the reporting of our efforts to investors and stakeholders, and continue to adhere to the principles of Brookfield's Code of Conduct

2022 Goals

Over the past year we’ve seen tremendous progress toward our 2022 goals. We’re proud to report them to you and aim to continuously improve upon them for years to come.

Electricity

44%

reduction in common area grid-purchased electricity consumption

Greenhouse Gas (GHG)

44%

reduction in controllable GHG emissions

Water

37%

reduction in water consumption

Waste

43%

annual waste diversion rate

Over 50 million square feet certified to the Institute of Real Estate Management's (IREM) "Certified Sustainable Property" (CSP) program

 

2020 was a year full of recognition for our property teams’ commitment to sustainable operations. The results of their hard work and dedication were submitted to IREM’s CSP program, which provides a meaningful distinction for existing buildings and, upon certification, highlights our commitment to sustainable property operation. This holistic program allows our properties to demonstrate success in five categories across energy, water, recycling, health, and purchasing.

Downloads

2019 Retail Sustainability Report

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