Impact

Environmental, Social and Governance Policy

Impact

CanFirst Capital Management has a long-standing belief that environmental, social and governance ("ESG") factors are an important driver of long-term investment returns from both an opportunity and a risk-mitigation perspective. As an active manager, we believe that executing a disciplined management and investment strategy that incorporates ESG aspects, aligns with the long-term interests of our stakeholders, Environmental, Social and Governance initiatives are aligned with our mission, vision and core values.

ESG Vision

CanFirst is committed to being an industry leader in ESG investment integration, providing attractive risk-adjusted returns through superior portfolio ESG performance.

ESG Plan

CanFirst's ESG committee develops our ESG strategy and is responsible for its implementation and integration into all aspects of our business. The committee also oversees the ESG plan and steers us towards our vision. To solidify our commitment to responsible business practices, CanFirst is a proud member of the Global Real Estate Sustainability Benchmark (GRESB).

Highlights

  • Certified over 500,000 sf to green building certifications, earning LEED Gold at 700 Jamieson Parkway and BOMA Best Bronze certification at Newplex, Omniplex and Progressive way business parks

  • Achieved energy data coverage of 80% and water data coverage of 76%

  • 19% reduction in like-for-like energy consumption

  • 19% reduction in Scope 1,2 and 3 GHG emissions - equivalent to removing 638 gas-powered cars from the road for one year

  • 6% reduction in like-for-like water consumption