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Energy Reduction Since 2010 Four Years in A 2017 SUSTAINABILITY BLAKE REPORT HUTCHESON President and CEO, Oxford Properties Group We are a global business. That means we We all know that actions speak louder than have a global responsibility. words, so to guide our actions, we made four commitments: So many pensioners rely on us to do what is right, and this has always driven the strategy 1. We will be a leader in the development and the purpose of our company. Even more and operation of energy efficient, low people rely on us to make good decisions carbon buildings. that impact the world around us. ST 2. We will incorporate world class features FOUR For almost 10 years now, we have developed and amenities in our buildings that YEARS IN a solid reputation around our sustainability support the success of our customers and A ROW platform and it has added significant value to help them live healthy and active lives. 1 (North American our business. But we need to go further. We diversified 3. We will critically evaluate the need to do more. office-retail) environmental and health aspects of the We have engaged in a process to evolve materials and resources we procure and Sustainable Intelligence. We have asked use across their full life cycle. people and partners from across our % business what they think the future of 4. We will engage our stakeholders, create ENERGY sustainability should look like, and how we outstanding buildings and places, and give REDUCTION can create it, one decision at a time. back to our communities. 29 SINCE 2010 Their ideas led directly to Oxford’s upgraded Four commitments, one common goal. It is (Managed Portfolio) Sustainability 2.0 (S2.0). all explained in rich detail in this year’s report. S2.0 is the process by which we continue to challenge ourselves to lead, focus and think I trust that when you read it, you will clearly about what we want to accomplish. agree that at Oxford, we are on the road to something very special. I hope you will join us in honouring our commitments. is our approach to take Oxford to the next level of sustainability performance – by SUSTAINABILITY 2.0 deepening and focusing our commitment for the benefit of our stakeholders. CLIMATE MATERIALS AND ENERGY AND RESOURCES WE WILL BE A LEADER IN THE DEVELOPMENT AND OPERATION WE WILL CRITICALLY EVALUATE THE ENVIRONMENTAL AND OF ENERGY EFFICIENT, LOW- CARBON BUILDINGS. HEALTH ASPECTS OF THE MATERIALS AND RESOURCES WE PROCURE AND USE IN OUR BUILDINGS. 36% 29% $60 24% 23% 28% EMISSIONS REDUCTION IN MILLION AVOIDED RECYCLED CONTENT INCREASE IN REDUCTION REDUCTION ENERGY USE IN ENERGY COSTS IN CONSTRUCTION WASTE IN (Managed Portfolio, (Managed Portfolio, (Since 2010) MATERIALS DIVERSION WATER USE Since 2010) Since 2010) (New Developments, (Managed Office (Managed Portfolio, 2015–2016) Portfolio, Since 2010) Since 2010) PRIORITIES: Carbon Energy Renewable PRIORITIES: Materials Waste Water Emissions Efficiency Energy Selection Diversion Consumption WELLBEING COMMUNITY WE WILL INCORPORATE WORLD-CLASS FEATURES AND AMENITIES WE WILL ENGAGE OUR STAKEHOLDERS, CREATE IN OUR BUILDINGS THAT SUPPORT THE SUCCESS OF OUR OUTSTANDING BUILDINGS AND PLACES, AND GIVE BACK CUSTOMERS AND HELP THEM LIVE HEALTHY AND ACTIVE LIVES. TO OUR COMMUNITIES. 100% 200+ 1ST 100K $2.5M 86% AIR QUALITY WELLNESS WELL CERTIFIED CUSTOMERS RAISED FOR OF CUSTOMERS TESTING EVENTS NEW BUILDING ENGAGED IN GREEN CHARITIES BELIEVE OXFORD (Managed Office (As of 2016) IN CANADA TEAMS AND EVENTS (2010–2016) IS SOCIALLY Portfolio, (MNP, 2017) (Since 2012) RESPONSIBLE Since 2010) (2016) PRIORITIES: Indoor Common Customer PRIORITIES: Partnerships Placemaking Volunteering Environmental Areas Amenities Quality Performance is reported from 2012 to 2016 for Oxford’s managed portfolio across Canada and the US for environmental indicators. Performance is reported on a company-wide basis PERFORMANCE for green building, customer and employee indicators for the periods noted. NOTE: Reference beside each chart title corresponds to the GRI Construction and Real Estate Sector Supplement indicator number. ENERGY CONSUMPTION, GHG EMISSIONS CRE3 GREEN BUILDING CERTIFICATIONS Emissions Intensity BY ASSET CLASS CRE1 Certifications across portfolio (intensity in ekWh/ft2) (kg CO2e/ft2) 2017 YEAR END TARGET CURRENT RETAIL OFFICE RESIDENTIAL 10 North 40 America LEED 9 Office Certified 35 8 Canada BOMA 7 30 Retail BESt 6 25 Canada Green 5 20 Hotels Key 4 15 UK 3 BREEAM 10 Office 2 5 1 Canada CRBP (or Residential equivalent) YR 2012 2013 2014 2015 2016 YR 2012 2013 2014 2015 2016 0 20 40 60 80 100% EN23 (Development Projects) (Development Projects) WASTE DIVERSION EN23 (Property Management) WASTE DIVERSION MATERIALS USED WASTE RECYCLED INDUSTRY AVERAGE (Asset Class, %) RETAIL OFFICE 2017 YEAR END TARGET 11.54% 100 90 75 80 70 50 60 50 25 40 0 30 Recycled Content % FSC Certified Wood % Note: Exceeds Industry average of 10% (Recycled Content) YR 2012 2013 2014 2015 2016 Note: Exceeds industry average of 83% 88.46% and 70% (FSC Certified Wood). WATER USE CRE2, EN8 CUSTOMER SATISFACTION PR5 CUSTOMER SUSTAINABILITY Asset Class (intensity in L/ft2) (as per Altus InSite, %) ENGAGEMENT RETAIL OFFICE RESIDENTIAL OXFORD PERFORMANCE INDUSTRY AVERAGE (# of interactions, by year) 40K 200 100 180 90 35K 160 80 30K 140 70 25K 120 60 100 50 20K 80 40 15K 60 30 10K 40 20 5K 20 10 YR 2012 2013 2014 2015 2016 YR 2008 2010 2012 2014 2015 2016 YR 2012 2013 2014 2015 2016 Oxford reports on its performance in accordance with the GRI Guidelines and Construction and Real Estate Sector Supplement. Explanatory notes for the charts above can be found at sustainable.oxfordproperties.com PEOPLE & COMMUNITIES THE OMERS City of Edmonton and within days FORT MCMURRAY FOUNDATION had turned its vacant Target space WILDFIRES into the main distribution centre for 100% Employee lead initiative evacuees from the fires, providing On May 1, 2016, a wildfire began almost 31,000 people with basic The OMERS Foundation helps create southwest of Fort McMurray, vibrant communities where we work supplies. Not only did the Kingsway and live. By engaging the OMERS Alberta. It forced the largest team assist in the activation of Community, we are able to identify wildfire evacuation in Albertan and support programs that help the space (65,000 SF stocked and secure strong and sustainable futures. history, displacing 88,000 people. open in less than two days), they For more information, please visit: Recognizing the sheer volume of volunteered their own time while WWW.OMERSGIVES.ORG evacuees that would require help, continuing to keep the mall running Kingsway Mall reached out to the in a first class fashion. Preeti Varma, Manager, Learning “I am so lucky to work for an Solutions, travelled to the Maasai organization that cares so deeply EXPERIENCING Mara in Kenya, as part of Me to about others and who believes in We’s ‘Adopt a Village’ Development taking action to impact change” says Preeti. “In representing Oxford on my NEW CULTURES Program. She worked alongside volunteer sponsorship opportunity, I representatives from the tribe to THROUGH OXFORD’S continued to develop as a community understand their challenges and be leader and an ambassador for Oxford VOLUNTEER a part of the long-term sustainable in our global community.” SPONSORSHIP solutions to empower communities trying to break out of poverty. Preeti Varma PROGRAM Manager, Learning Solutions RBC WATERPARK PLACE LAKESIDE PLACE Office Residential SUSTAINABLE RBC WaterPark Place has achieved an ENERGY STAR Lakeside Place delivered on Oxford’s commitment to INTELLIGENCE score of 100 – a distinction never before achieved in an sustainability in 2016 by implementing two key energy AWARDS – 2016 office building of this size in Canada. With an energy saving initiatives. The team implemented an auto performance of 12 equivalent kWh per SF, RBC WaterPark transformer project (Harmonizer) which safely reduces WINNERS Place is the most energy efficient large office building in the building’s extra voltage while keeping within the Ontario. Leading edge smart and connected technologies, standard industry specifications. This unique project SI PROPERTY OF THE YEAR including a digital metering and sub metering systems was a first in Oxford and has reduced the site’s annual (2 WINNERS) allow tenants to manage their own consumption. electrical consumption by 314,000 kWh over one year! This award is given to the property The building has introduced daytime cleaning, a This translated into $40,000 in savings, with zero or properties with the most comprehensive recycling program, and the launch of a noticeable impact on resident comfort. The site also outstanding achievement or overall tenant energy consumption dashboard. The team has implemented lighting upgrades, with new LEDs saving performance, consistent with demonstrated an impressive capacity to attract and retain 40,000 kWh annually and providing brighter spaces. Oxford’s Sustainable Intelligence the best customers, and introduce projects that enhance Both of these challenging projects were implemented performance indicators. their customers’ comfort while achieving their goal of in a truly professional manner and have a combined being a leader in sustainability. payback period of approximately 5 years. Kristian is a champion for sustainability when it overall purchases by 15%. Through his passion and strong SI STAR OF THE YEAR comes to procurement. Through his efforts, 100% of dedication to sustainability, Oxford received Grand & Toy’s This award recognizes an Oxford’s paper is sourced from responsibly managed (G&T) first ever ‘Leadership in Greener Purchasing Award’ or “FSC-certified” sources, plastic water bottles for the Real Estate & Construction Industry. individual within Oxford who has and other non-recyclables have been eliminated made an outstanding personal from Oxford’s kitchens and meeting rooms, and a commitment to the principles sustainable catering option for meetings at Head Kristian Valmeo, and goals of Oxford’s Sustainable Office was implemented.
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