Our Targets
We establish sustainability performance indicators and targets, and rigorously manage and measure performance across our portfolio.
Targets | Status | |
---|---|---|
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. |
||
Energy EfficiencyAchieve an Energy Star score of 75 for all of our office buildings. Develop and implement global best practice energy performance standards for all major renovation and new development projects. Procure 100% LED lighting |
||
Net Zero CarbonPilot the CaGBC Zero Carbon Building (ZCB) Standard for two new development projects to reduce carbon emissions. NEW! Achieve ZCB Standard for two new development projects. NEW! Develop low carbon playbooks for all major mixed-use development projects. |
||
Renewable EnergyDevelop 1,000,000 square feet of rooftop solar projects. *target extended 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. |
||
Energy StoragePilot an energy storage project that utilizes batteries to reduce peak demand and energy costs. *target extended |
||
Indoor Air QualityConduct global best practice annual indoor air quality testing and develop action plans where required. |
||
Customer SatisfactionConduct periodic customer satisfaction surveys and drive property level continual improvement. |
||
Customer InformationProvide building and surrounding area wellbeing information to customers. |
||
Waste
Achieve 70% diversion from landfill & incineration. Achieve 50% diversion from landfill & incineration. Note: Diversion rates lower than expected due to new acquisitions and various local recycling markets Achieve 60% diversion from landfill & incineration. Achieve 50% diversion from landfill & incineration. NEW! Achieve 55% diversion from landfill & incineration. NEW! Achieve 30% diversion from landfill and incineration. Note: Waste diversion targets are reviewed annually. NEW! Develop a waste reduction action plan. |
||
Organics
Develop and implement a program to divert organics from landfill where feasible. |
||
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. |
||
Water Reduction
Achieve 10% reduction in potable water use by 2020.
Pilot a permeable pavement solution to improve storm water management. *target extended
Pilot smart water meters to improve the quality of water data and management practices. |
||
Water Reuse
Install metering on all existing rainwater capture systems and benchmark portfolio water re-use performance. *target extended
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. |
||
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. |
||
Material Sourcing
All Oxford major renovation and new development projects to follow LEED v4/BREEAM credit requirement for raw material sourcing, where appropriate. |
||
Volunteer Days
Support employees to engage in at least one dedicated volunteer day/year. |
||
Community Programming
Cultivate spaces for philanthropic, entrepreneurial, and artistic partnerships within our leasable and common areas. |
||
Real Estate Education Leadership
Engage future generations on the benefits and values of the real estate industry through educational institutions and industry associations. |
||
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. |
||
Job Creation
Develop and implement initiatives which actively support employability of disadvantaged people. |
||
Green Building Certifications
LEED – Increase certified office space to 95%.
BOMA Best – Achieve 100% certification.
Green Key – Achieve 100% certification. Note: Green building certification targets are reviewed annually. Note: Target status is as at December 31, 2019. Achieved targets are adjusted or removed in future years; In progress targets are on track and projected to be achieved by target year; ongoing targets continue into future years; not achieved targets are evaluated and adjusted or extended. New targets are added annually. |
- Achieved
- In Progress
- Ongoing
- Not Achieved