Our Targets

We establish sustainability performance indicators and targets, and rigorously manage and measure performance across our portfolio.

Sustainability 2.0 Targets represent a mix of continued and new targets.

Click here to download our new set of publicly disclosed targets.

New Targets

Climate & Energy

Commitment: We will be a leader in the development and operation of energy efficient, low-carbon buildings.

Priority Areas: Carbon emissions, energy efficiency, renewable energy

Carbon Emissions

Reduce scope 1 & 2 carbon emissions, on a per square foot basis, by 30% by 2025.*
2015 base year, All Regions, All Asset Classes

Procure electric vehicles for all new Oxford light duty/passenger fleet vehicles.
2019 / Ongoing / All Regions, All Asset Classes

Pilot the monitoring of embodied carbon for at least two major renovation/new development projects.
2020 / All Regions, All Asset Classes

Energy Efficiency

Achieve an Energy Star score of 80 for all of our office buildings.
2018 / Ongoing / Canada/US, Office

Develop and implement global best practice energy performance standards for all major renovation and new development projects.
2018 / Ongoing / All Regions, All Asset Classes/Regions

Procure 100% LED lighting
2018 / Ongoing / Canada, Hotels

Renewable Energy

Develop 1,000,000 square feet of rooftop solar projects.
2022 / Canada, Retail/Industrial

Pilot a rooftop solar project to increase renewable energy generation.
2020 US, Office

Procure 100% renewable electricity.
2025 / UK, All Asset Classes

Conduct a renewable energy generation feasibility study for all major renovation and new development projects, where appropriate.
2018 / Ongoing / All Regions, All Asset Classes

Net Zero Carbon

Pilot the CaGBC Zero Carbon Building Standard for two new development projects to reduce carbon emissions.
2021 / Canada, Office

Pilot a long-term energy/low carbon strategy for one master planned asset.
2018 / Canada, Retail

Energy Storage

Pilot an energy storage project that utilizes batteries to reduce peak demand and energy costs.
2018 / Canada, Office/Retail

* Aligns with recognized science-based target (SBT) methods.

Wellbeing

Commitment: We will incorporate world-class features and amenities in our buildings that support the success of our customers and help them live healthy and active lives.

Priority Areas: Indoor Environmental Quality, Common Areas, Customer Amenities

Wellbeing Standards

Develop and implement world-class wellbeing standards for existing buildings.
2018 / All Regions, Office/Retail

Develop and implement world-class wellbeing standards for major renovations and new developments.
2018 / All Regions, Office/Retail

Indoor Air Quality

Conduct global best practice annual indoor air quality testing and develop action plans where required.
2018 / Ongoing / All Regions, Office

Nature and Design

Pilot a biophilic design project that enhances customer wellbeing and asset productivity.
2018 / Canada, Retail

Customer Satisfaction

Conduct periodic customer satisfaction surveys and drive property level continual improvement.
Ongoing / All Regions, All Asset Classes

Customer Information

Provide building and surrounding area wellbeing information to customers.
Ongoing / All Regions, All Asset Classes

Materials & Resources

Commitment: We will critically evaluate the environmental and health aspects of the materials and resources we procure and use in our buildings.

Priority Areas: Materials Selection, Waste Diversion, Water Consumption

Waste Diversion

Achieve 75% diversion from landfill & incineration.
2018 / Canada, Office

Achieve 50% diversion from landfill & incineration.
2018 / US, Office

Achieve 60% diversion from landfill and incineration.
2018 / Canada, Retail

Achieve 50% diversion from landfill and incineration.
2018 / Europe, All Asset Classes

Achieve 85% diversion from landfill for all New Construction projects.
2018 / All Regions, Office

Develop and implement waste best practices across all Oxford Management Offices and Conference Centres.
2018 / All Regions, All Asset Classes

Establish a waste diversion rate baseline and reduction target.
2018 / Canada, Hotels

Water Reuse

Install metering on all existing rainwater capture systems and benchmark portfolio water re-use performance.
2019 / All Regions, All Asset Classes

Conduct rainwater capture systems feasibility studies on all major renovation and new development projects where appropriate to inform potential decision making.
2018 / Ongoing / All Regions, All Asset Classes

Pilot grey water re-use in an existing building and share results.
2021 / Canada/Europe, Office/Retail/Industrial

Water Reduction

Achieve 10% reduction in potable water use by 2020.
2015 base year / Canada/US, All Asset Classes

Pilot a permeable pavement solution to improve stormwater management.
2019 / Canada, Industrial/Retail

Pilot smart water meters to improve the quality of water data and management practices.
2021 / All Regions, Office

Material Sourcing

All Oxford major renovation and new development projects to follow LEED v4/BREEAM credit requirement for raw material sourcing, where appropriate.
2018 / Ongoing / All Regions, All Asset Classes

Sustainable Food Courts

Develop and implement sustainable food court standards.
2019 / Ongoing / Canada, Retail

Pilot sustainable food court in urban retail environment to enhance customer experience and increase waste diversion.
2019 / Canada, Office

Environmental & Health Product Declarations

Request LEED v4 compliant EPDs (environmental product declarations) and LEED v4 compliant HPDs (health product declarations) for construction materials on all major renovation and new development projects.
2019 / Ongoing / Canada/US, All Asset Classes

Organics

Develop and implement a program to divert organics from landfill where feasible.
2018 / All Regions, All Asset Classes

Communities

Commitment: We will engage our stakeholders, create outstanding buildings and places, and give back to our communities.

Priority Areas: Partnerships, Placemaking, Volunteering

Placemaking Strategy

Develop a community placemaking strategy that brings people together and builds a sense of belonging, through meaningful programming.
2018 / All Regions, All Asset Classes

Volunteer Days

Support employees to engage in at least one dedicated volunteer day/year.
2018 / Ongoing / All Regions, All Asset Classes

Community Programming

Cultivate spaces for philanthropic, entrepreneurial, and artistic partnerships within our leasable and common areas.
Ongoing / All Regions, Office/Retail

Real Estate Education Leadership

Engage future generations on the benefits and values of the real estate industry through educational institutions and industry associations.
Ongoing / All Regions, All Asset Classes

National Living Wage

Pay at least the National Living Wage to all staff employed directly by Oxford and encourage Tier 1 supply chain to pay the same.
2022 / UK, All Asset Classes

Job Creation

Develop and implement initiatives that actively support employability of disadvantaged people.
Ongoing / UK, All Asset Classes

Green Building Certifications

Green Building Certifications

LEED – Increase certified office space to 90%.
2018 / Canada/US, Office

BOMA Best – Increase certification to 100%.
2018 / Canada, Retail

Green Key – Increase certification to 100%.
2018 / Canada, Hotels

Photo of Ian Jarvis
Oxford takes a leadership approach to energy and carbon targets. They courageously
stretch further to make their buildings more efficient and competitive.
Ian Jarvis
President, Enerlife Consulting