Participants publicly share building data
The Disclosure Challenge’s inaugural participants, QuadReal Property Group, Triovest Realty Advisors Inc., Concert Properties Ltd., Colliers International, and the Minto Group, volunteered to share their portfolio-wide energy, water and carbon data through the Energy Star Portfolio Manager™ platform. They were joined by Brookfield Properties, Kingsett Capital, SHAPE Properties, and Golden Properties, adding 30 per cent more floor space to the Challenge.
These organizations have been fully transparent with all their available building data, demonstrating a commitment to the responsible management of their assets and, ultimately, to energy and greenhouse gas emissions reductions.
Tenants, investors, and the public are increasingly looking for information on sustainability commitments. In many European countries and some U.S. states and cities, tracking a building’s performance and publicly disclosing the data is standard practice. However, energy and emissions benchmarking and disclosure is in its infancy in Canada, where only the province of Ontario currently requires it for larger buildings.
With the Disclosure Challenge, participants demonstrate the value that data transparency can provide, as well as identifying recommended considerations to help streamline building performance data reporting and requirements at municipal and provincial levels.