Our Targets
We establish sustainability performance indicators and targets, and rigorously manage and measure performance across our portfolio.
Click here to download our new set of publicly disclosed targets.
Targets | Status | |
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Carbon EmissionsReduce scope 1 & 2 carbon emissions, on a per
square foot basis, by 30% by 2025. Procure electric vehicles for all new Oxford light duty/passenger fleet
vehicles. Pilot the monitoring of embodied carbon for at least two major renovation/new
development projects. |
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Energy EfficiencyAchieve an Energy Star score of 80 for all of our office buildings. NOTE: Target achieved by 45% of sites in 2018; sites experienced an overall drop in scores due to Energy Star methodology change; target adjusted to 75 and extended to 2021. Develop and implement global best practice energy performance standards for
all major renovation and new development projects. Procure 100% LED lighting |
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Net Zero CarbonPilot the CaGBC Zero Carbon Building Standard for
two new development projects to reduce carbon emissions. Pilot a long term energy/low carbon strategy for one master planned
asset. |
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Renewable EnergyDevelop 1,000,000 square feet of rooftop solar
projects. Pilot a rooftop solar project to increase renewable energy generation. Procure 100% renewable electricity. Conduct a renewable energy generation feasibility study for all major
renovation and new development projects, where appropriate. |
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Energy StoragePilot an energy storage project that utilizes batteries to reduce peak demand
and energy costs. NOTE: Team continuing to review the business case and pilot opportunities. |
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Indoor Air QualityConduct global best practice annual indoor air quality testing and develop
action plans where required. |
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Nature & DesignPilot a biophilic design project that enhances
customer wellbeing and asset productivity. NOTE: Target not completed due to challenging business case; target to be achieved at future developments. Pilot Fitwel certification in at least one office building (2019) (CAN/US Office). |
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Customer SatisfactionConduct periodic customer satisfaction surveys and drive property level
continual improvement. |
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Customer InformationProvide building and surrounding area wellbeing information to customers. |
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Waste Diversion
Achieve 75% diversion from landfill & incineration. NOTE: Diversion rates lower than expected due to shifts in local and global recycling markets. Establish a waste diversion rate baseline and reduction target. Develop and implement waste best practices across all Oxford Management
Offices and Conference Centres. |
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Organics
Develop and implement a program to divert organics from landfill where feasible. |
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Sustainable Food Courts
Develop and implement sustainable food court standards.
Pilot sustainable food court in urban retail environment to enhance customer experience and
increase waste diversion. |
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Water Reduction
Achieve 10% reduction in potable water use by 2020.
Pilot a permeable pavement solution to improve storm water management.
Pilot smart water meters to improve the quality of water data and management practices. |
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Water Reuse
Install metering on all existing rainwater capture systems and benchmark portfolio water re-use
performance.
Conduct rainwater capture systems feasibility studies on all major renovation and new
development projects where appropriate to inform potential decision making.
Pilot grey water reuse in an existing building and share results. |
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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. |
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Material Sourcing
All Oxford major renovation and new development projects to follow LEED
v4/BREEAM credit requirement for raw material sourcing, where appropriate. |
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Placemaking Strategy
Develop a community placemaking strategy that brings people together and builds a sense of
belonging, through meaningful programming. |
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Volunteer Days
Support employees to engage in at least one dedicated volunteer day/year. |
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Community Programming
Cultivate spaces for philanthropic, entrepreneurial, and artistic partnerships within our
leasable and common areas. |
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Real Estate Education Leadership
Engage future generations on the benefits and values of the real estate industry through
educational institutions and industry associations. |
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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. |
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Job Creation
Develop and implement initiatives which actively support employability of disadvantaged
people. |
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Green Building Certifications
LEED – Increase certified office space to 90%. NOTE: Target to increase to 95% in 2019.
BOMA Best – Increase certification to 100%. NOTE: Target continues in 2019.
Green Key – Increase certification to 100%. NOTE: Target continues in 2019. |
- Achieved
- In Progress
- Not Achieved