2019 Sustainability Report - Colliers International Real Estate Management Services

Page created by Vincent Lindsey
 
CONTINUE READING
2019 Sustainability Report - Colliers International Real Estate Management Services
2019 Sustainability Report
Colliers International
Real Estate Management Services
2019 Sustainability Report - Colliers International Real Estate Management Services
Contents

3    A Message from our President

4    Colliers REMS at a Glance

5    Milestones

6    Case Study: Metrotower III

7    Case Study: 175 Hargrave Street

8    Case Study: 95 St. Clair Avenue West

9    How we Achieve Sustainability

9    Our Overarching Strategy

10   Our Approach

15   Discover GreenSpace

16   2019–2020 Goals
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 3

A Message from our President
As our industry continues to evolve, it is becoming increasingly important for us to look ahead and consider
how we can elevate our managed properties, and our service offerings, to new heights. At Colliers International
Real Estate Management Services (REMS), our priority has never wavered from delivering our clients and
occupants the results that will resonate with them; not just on a business level, but on a human level.

In 2018 we were pleased to launch Colliers GreenSpace, our all-encompassing sustainability platform that
enhances our stakeholders’ overall sustainability experience and unites all our sustainability efforts. Moving into
2019, we have transitioned into the next phase of the GreenSpace platform, which has now evolved to include
green technology alongside the other key pillars, like occupant engagement and internal staff engagement,
allowing for them to naturally intersect.

We take pride in our personal investment in the sustainability-focused success of our three primary
stakeholders: our employees, occupants, and clients. Our purpose is to emphasize sustainability at every
touchpoint and encourage those in our community to go the extra mile, explore new innovations and implement
new initiatives that will reduce our overall impact on the environment.

Our continued focus over the last year has been on pursuing green building certifications at our managed
properties and our efforts over the last year have resulted in the receipt of numerous accolades, including three
awards at the BOMA Canada National Awards with a noteworthy two TOBY (The Outstanding Building of the
Year) Awards; making this our third consecutive year being recognized by BOMA Canada. We also successfully
reported into the Global Real Estate Sustainability Benchmark (GRESB) for the second consecutive year.                   John Duda
With our ongoing commitment to excellence, we continue to challenge the status quo and create new                        President
reduction targets for us to meet and exceed, thus reducing our impact and creating a future that is as connected         Real Estate Management Services, Canada
to the environment as we are to it.                                                                                      Colliers International

In 2020, we are committing to:

           Reduce Ontario greenhouse                                 Reduce Alberta greenhouse                        Reduce British Columbia greenhouse
           gas emissions by 3%                                       gas emissions by 1%                              gas emissions emissions by 2%
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 4

Colliers REMS at a Glance

                             650+
                             employees
                             in Canada

                             60M+SF
                             managed across
                             Canada

                             20M+SF
                             Green Building
                                                                                                          $2.5M
                                                                                                          avoided energy
                                                                                                                             $17B
                                                                                                                             assets under
                             Certified                                                                    costs in 2018*     management

*Based on subset of industrial and office properties across Canada (British Columbia, Alberta, Ontario)
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 5

 Milestones
                                                                                                                                                            2019

                                                                                                                                                                   Expanded third-party
                                                                                                                                                                   software platform to
2013                                             2015                                       2017                                                                   track utility expenses at
                                                                                                                                                                   all managed properties

                                                                                                                                                                   First Colliers Fitwel
                                                                                                                                                                   Certified property

                                                                                                                                                                   Second consecutive year
                                                    Developed a                                      40% of our                                                    reporting into GRESB
                                                    BOMA BEST                                        portfolio secured
                                                    certification                                    a Green Building                                              Published second
       Hired our first
                                                    strategy                                         Certification                                                 Sustainability Report
       energy manager

                                Established                                Created and                                          Hired our third energy
                                first internal                             implemented 10+                                      manager
                                sustainability                             internal sustainability
                                strategy                                   policies                                             Published first
                                                                                                                                Sustainability Report
                                                                           Hired our second
                                                                           energy manager                                       First year reporting into
                                                                                                                                GRESB
                                                                           Implemented third-party
                                                                           tracking software at key                             Launched Colliers
                                                                                                                                GreenSpace
                         2014                                              properties

                                                                    2016                                                 2018
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 6

Case Study
                                                          2018/2019 Achievements
                                                          • 8.4% (524,437 kilowatt hours [kWh])
                                                            reduction in energy consumption

                                                          • 5.8% ($27K+) reduction in
                                                            energy costs

                                                          • 64 tonnes of carbon dioxide equivalent
                                                            (CO2e) in avoided emissions

                                                          • $38K+ (~50% of capital energy project
                                                            costs) in total incentives claimed on
Metrotower III                                              behalf of the client
Bringing an Innovative, First-Class Approach
to Energy and Water Management                            • 7% reduction in water consumption
                                                            through servicing and optimization of
                                                            rainwater cistern and exterior water
Burnaby, BC                             Client:
                                                            feature
2014 Office | 411,477 SF                Metro Vancouver
                                        Water District
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 7

Case Study
                                                         2018/2019 Achievements
                                                         • Recognized with BOMA
                                                           Canada’s 2019 TOBY
                                                           (The Outstanding Building of
                                                           the Year) Award

                                                         • Washrooms upgraded with
                                                           water-saving fixtures

                                                         • Variable frequency drives (VFDs)
                                                           installed on the chillers

175 Hargrave Street                                      • Installed high efficiency boilers
A Collaborative Team Approach
Delivers Energy and Water Usage Reductions               • Implemented building-wide
                                                           lighting upgrades

Winnipeg, MB                          Client:
1974 Office | 71,724 SF               I.G. Investment
                                      Management, Ltd.
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 8

Case Study
                                                             2018/2019 Achievements
                                                             • 95 St. Clair Avenue West was recognized
                                                               with numerous awards and designations,
                                                               including BOMA Canada’s 2019 TOBY
                                                               (The Outstanding Building of the Year)
                                                               Award
                                                             • Installed Building Insight Platform (BIP)
                                                               to facilitate operational recommendations
                                                               and fault detection
                                                             • Offset all hydro consumption
                                                               with Green Power
                                                             • 13% (597,262 kWh) reduction in energy
95 St. Clair Avenue West                                       consumption, equivalent to $97K

Energy Efficient Measures Propel a Historic                  • 13.1% (2,304 cubic metre [m3]) reduction
Property to a New Level of Prestige                            in water consumption, equivalent to
                                                               $8,400

Toronto, ON                        Client:
1967 Office | 246,434 SF           Desjardins Financial
                                   Security Life Assurance
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 9

Our Approach

  6
                                                       01   Energy & Water Management

                                                       02 Waste

                                                       03 Green Building Certification
               Elements                                04 Health & Wellness
   that help us continuously improve                   05 Occupant Engagement
   our built environments for our
   occupants, staff, and clients.                      06 Innovation & Technology

Our Sustainability Vision
“To be a leader in advocating and executing sustainability initiatives in our managed properties.”
2019 Sustainability Report - Colliers International Real Estate Management Services
REMS 2019 Sustainability Report | 10

Our Approach
  01               Energy & Water Management                                                                       02       Waste
              Using excess energy and water dwindles our natural                                                            The industrial, commercial, and institutional sectors are responsible
              resources and unnecessarily increases greenhouse                                                              for 65% of the 25 million tons of waste generate annually in Canada
              gas emissions. The way we measure our usage is                                                                and only divert 19%.1 Increasing the amount of waste streams at our
              consistently being fine-tuned so that we can accurately                                                       properties, while communicating the diversion and capture rates to all
establish baselines and strategies to ultimately consume less. We are                                          building stakeholders, helps drive awareness and action. Many of our managed
continuously seeking improvement in our energy reporting and in                                                properties, like 160 Bloor Street East in Toronto, Ontario, and our corporate
2019 we were proud to                                                                                          offices in Toronto and Vancouver
participate in the Canada                                                                                      commit to a mission of producing zero
Green Building Council                                                                                         waste. They regularly host waste and
(CAGBC) Disclosure                                                                                             recycling educational events, such as
Challenge, supporting                                                                                          e-waste collection drives that promote
industry efforts to establish                                                                                  proper waste disposal.
a nationally standardized
property benchmarking
program.

                   Electricity Savings*                                                                   Natural Gas Savings*                                      Water Savings*
                   (year-over-year)—12.5%:                                                                (year-over-year)—3.5%:                                    (year-over-year)—6.26%:
                   equivalent to $2,320,000                                                               equivalent to $80,000                                     equivalent to $112,000

*Based on subset of industrial and office properties across Canada (British Columbia, Alberta, Ontario)
1.
   https://rco.on.ca/Our-Work/ici-waste-reduction-committee/
REMS 2019 Sustainability Report | 11

Our Approach
     03             Green Building Certification                                                                     04           Health & Wellness
             Green Building Certification improves overall building                                                         Six in ten Canadians believe “their employer has some
             performance and efficiency, enhances the value                                                                 responsibility in ensuring their good health.”2 Colliers acknowledges
             of the asset and helps reposition a property within                                                            that the health and wellbeing of both staff and occupants is of
             the marketplace by increasing occupant retention                                                               the utmost importance. On both a corporate and property level,
and satisfaction. We fully support and believe in Green Building                                                we have hosted an interactive national challenge, called the EcoChallenge,
Certifications, such as BOMA BEST and LEED, as they help                                                        which encourages participants to implement small and subtle changes, such
promote the six key pillars                                                                                     as choosing an active commute, that
we promote.                                                                                                     positively impact their daily lives.

2.
     http://www.sunlife.ca/static/canada/Sponsor/About%20Group%20Benefits/Group%20benefits%20products%20and%20services/The%20Conversation/Bright%20Papers/files/1748-03-12-e.pdf
REMS 2019 Sustainability Report | 12

Our Approach

     469             6,186                  4,193               23,716     531               6,758

     160              48                     596                 569       259               3,120

     509             2,778                  9,815                143       306

The Colliers 2019 EcoChallenge Impact Highlights

              2                    262                             41        6,122
             Weeks                 Participants                    Teams     Actions Completed
                           (Occupants and Colliers Employees)
REMS 2019 Sustainability Report | 13

Our Approach
  05        Occupant Engagement

             The behaviour of the people within a property greatly influences
             the overall environmental impact. Our philosophy is to engage and
             educate the people we interact with in our properties to help build
             small behavioural changes that add up. We do this by:

• Making it plug-and-play for occupants to easily choose sustainable practices
• Ensuring our property sustainability initiatives line up with our occupants’
  corporate sustainability goals
                                                                                          Our properties across the country are home to urban beehives and vegetable gardens.
• Being a part of our occupants’ resource teams for corporate
  social responsibility

Many of our property teams offer               Active commuting or “green”                Our property teams actively strive          Fitness programs, like yoga, walking
occupants a mobile occupant                    commuting is consistently offered          to create communities in our                clubs, and stair climbs are regularly
engagement app that features content           with the availability of branded bicycle   properties and have hosted farmers          hosted for occupants to take
relating to sustainability or distribute       racks, cages, and car share programs.      markets, recycling drives, Earth Day        advantage of.
sustainability-themed e-newsletters.                                                      documentary screenings, informational
                                                                                          bee kiosks, and more!
REMS 2019 Sustainability Report | 14

Our Approach
 06       Innovation & Technology

           More of our managed properties are investing in emerging
           smart technologies to support their sustainability efforts,
           which ultimately result in cost savings and improved
           occupant satisfaction. Some of the technologies our
properties have adopted include: IoT sensor platforms, battery storage,
EV charging stations, building automation systems, and cloud storage.
We are committed to introducing more of these technologies to our
property managers and building operators who champion these projects
and ensure they are successfully implemented.

Some of our tech partners include:
CopperTree Analytics, Peak Power,
RYCOM, Yardi, and PUMA
REMS 2019 Sustainability Report | 15

Discover GreenSpace

                                                                                         Colliers REMS has three
                                                                                         primary stakeholders:
                                                                                         our teams, clients,
                                                                                         and occupants. Each
                      Sustainability   Energy management
                       initiatives          projects                        stakeholder plays a significant and
                                                                            integral role in what we do. In order
                                                                            to enhance the value we add and
                                                                            increase our communications to
 Green building                                               Occupant      each stakeholder, we created Colliers
 certifications                                            engagement and   GreenSpace, an all-encompassing
                                                           communications
                                                                            sustainability platform that strives
                                                                            to enhance our stakeholders’ overall
                                                                            sustainability experience.

                                                                            GreenSpace will unite all the
 Market positioning                                        Internal staff   sustainability efforts from our
   and identity                                             engagement
                                                                            corporate head office, multiple
                                                                            Colliers REMS offices across the
                                                                            country, and the individual buildings
                                                                            we manage. Our sustainability
                                                                            platform has evolved so that it now
                                                                            includes a technology pillar.
REMS 2019 Sustainability Report | 16

2019–2020 Goals
   Looking forward, Colliers REMS will look to accomplish the
   following milestones:

              Goal          1                            Goal             2                              Goal      3

                    Track                         Increase Green Building                              Set GHG targets in
                                                      Certifications to

           100%
      of utility usage at our managed
                                                         45%
                                                     by the end of 2020
                                                                                                      2019
                                                                                                    as a Colliers GreenSpace
                  properties                                                                                 initiative

         Status Update                           Status Update                                       Status Update
                                                                                                  The following targets have
                                                             Currently                               been set for 2020:

                20%                                   33%*                                                     British Columbia

                                                       is green building
                                                            certified                                              2%
                                                                                                                 reduction (in
          Currently track 20%*                                                                                  metric tons CO2)
      (* = based on subset of asset
      class; office, retail, mixed-use)                                                            Alberta          Ontario

                                                                                                  1% 3%
                                                                                                reduction (in    reduction (in
                                          *Based on 2019 portfolio. May be subject to change   metric tons CO2) metric tons CO2)
Mer Ebrahimzadeh
Manager, National Sustainability & Energy
Real Estate Management Services
+1 647 204 0435
 Mer.Ebrahimzadeh@colliers.com

Nicky Arthur
Energy & Sustainability Manager
Real Estate Management Services
+1 604 661 0885
Nicky.Arthur@colliers.com

Clarke Stewart
Energy Manager
Real Estate Management Services
+1 437 929 8973
Clarke.Stewart@colliers.com

                                                                                                                                                                                                 Colliers International
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties
                                                                                                                                                                                               181 Bay St., Suite 1400
of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own
inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and                   Toronto, ON
excludes all liability for loss and damages arising there from. Colliers International is a worldwide affiliation of independently owned and operated companies. This publication is the
copyrighted property of Colliers International and/or its licensor(s). © 2020. All rights reserved. Colliers Macaulay Nicolls Inc.                                                                            M5J 2V1
You can also read