Approach

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.
(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)

Achieve an Energy Star score of 75 for all of our office buildings.
(2021) (Canada/US, Office)

Develop and implement global best practice energy performance standards for all major renovation and new development projects.
(2021) (All Regions, All Asset Classes)

Procure 100% LED lighting
(2019) (Canada, Hotels)

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

NEW! Achieve ZCB Standard for two new development projects.
(2025) (Canada, Office)

NEW! Develop low carbon playbooks for all major mixed-use development projects.
(2022) (All Regions, Mixed-use)

Develop 1,000,000 square feet of rooftop solar projects.
(2024*) (Global, Office/Retail/Industrial)

*target extended

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.
(Ongoing) (All Regions, All Asset Classes)