Performance
Asset class (%) | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|---|
Office | 61% | 66% | 63% | 65% | 60% | 55% |
Retail | 66% | 56% | 54% | 56% | 59% | 70% |
Hotels | 54% | 52% | 51% | 64% | 53% | 28% |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Global portfolio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 64 | 64 | 65 | 57 | 69 | 66 | 52 | 52 |
Total waste generated (MT) | 44,251 | 43,443 | 44,067 | 35,720 | 38,466 | 22,742 | 33,242 | 22,604 |
Waste to landfill (MT) | 14,655 | 14,345 | 17,778 | 14,100 | 15,495 | 9,911 | 13,674 | 9,885 |
Waste to incineration (waste-to-energy) (MT) | 1,977 | 1,323 | 1,060 | 340 | 682 | 208 | 393 | 168 |
Recycled or reused (MT) | 27,599 | 25,898 | 25,073 | 21,280 | 22,290 | 12,623 | 19,175 | 12,551 |
Waste diversion rate (%) | 62% | 60% | 57% | 60% | 58% | 56% | 58% | 56% |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Office | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 46 | 48 | 49 | 45 | 54 | 53 | 41 | 41 |
Total waste generated (MT) | 16,351 | 16,879 | 16,439 | 12,831 | 13,550 | 5,648 | 10,733 | 5,520 |
Waste to landfill (MT) | 5,284 | 4,210 | 4,952 | 4,129 | 4,793 | 2,340 | 3,992 | 2,314 |
Waste to incineration (waste-to-energy) (MT) | 1,032 | 1,323 | 1,031 | 340 | 682 | 198 | 393 | 168 |
Recycled or reused (MT) | 10,019 | 11,206 | 10,385 | 8,361 | 8,075 | 3,111 | 6,348 | 3,038 |
Waste diversion rate (%) | 61% | 66% | 63% | 65% | 60% | 55% | 59% | 55% |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Retail | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 11 | 10 | 11 | 10 | 9 | 7 | 5 | 5 |
Total waste generated (MT) | 20,960 | 19,007 | 21,398 | 21,055 | 17,927 | 11,197 | 15,521 | 11,187 |
Waste to landfill (MT) | 6,204 | 6,540 | 9,805 | 9,318 | 7,391 | 3,303 | 6,372 | 3,303 |
Waste to incineration (waste-to-energy) (MT) | 946 | – | 29 | – | – | 10 | – | – |
Recycled or reused (MT) | 13,808 | 10,728 | 11,481 | 11,737 | 10,536 | 7,884 | 9,149 | 7,884 |
Waste diversion rate (%) | 66% | 56% | 54% | 56% | 59% | 70% | 59% | 70% |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Hotels | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 7 | 6 | 5 | 2 | 6 | 6 | 6 | 6 |
Total waste generated (MT) | 6,940 | 7,557 | 6,230 | 1,835 | 6,989 | 5,897 | 6,989 | 5,897 |
Waste to landfill (MT) | 3,167 | 3,596 | 3,022 | 653 | 3,310 | 4,268 | 3,310 | 4,268 |
Waste to incineration (waste-to-energy) (MT) | – | – | – | – | – | 0 | – | – |
Recycled or reused (MT) | 3,773 | 3,963 | 3,208 | 1,182 | 3,678 | 1,629 | 3,678 | 1,629 |
Waste diversion rate (%) | 54% | 52% | 51% | 64% | 53% | 28% | 53% | 28% |
Note:
1. Office: Occupancy was impacted due to the pandemic. Diversion rates are impacted by the total waste weight and the % of diverted weight. Some trends that impacted diversion rates include: 1) Less weight overall, 2) Less organics and paper products, which make up a high % of total weight; 3) Less recyclable material (office - paper shredding; retail - packaging from stores). This is consistent across the global real estate industry. Regional variables, such as incineration practices and markets for recyclables also impact and can offset occupancy use trends.
2. Retail: Due to the pandemic and shopping centre closures, properties saw a decrease in overall waste generation while diversion rates remained unchanged year-over-year.
3. Hotels: Diversion rates are impacted by the total waste weight and the % of diverted weight. Some trends that impacted diversion rates at the hotel assets include: 1) Less weight overall, 2) Less organics, construction, and furniture recycling, which make up a high % of total weight recycled.
Property | Diversion rate (%) |
---|---|
RBC WaterPark Place | 87% |
MNP Tower | 86% |
Eau Claire Tower | 90% |
EY Tower | 98% |
LEED requirement (baseline) | 75% |
% of materials with recycled content | % of wood that is FSC certified | |
---|---|---|
WaterPark Place – 88 Queens Quay | 22% | 95% |
MNP Tower | 24% | 86% |
Eau Claire Tower | 25% | 95% |
EY Tower | 23% | 78% |
LEED requirement (baseline) | 10% | 50% |
Asset class (intensity in m3/sq ft) | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|---|
Office | 0.064 | 0.061 | 0.057 | 0.051 | 0.051 | 0.037 |
Retail | 0.069 | 0.077 | 0.072 | 0.077 | 0.077 | 0.066 |
Residential | 0.123 | 0.151 | 0.158 | 0.172 | 0.158 | 0.144 |
Hotels | 0.334 | 0.283 | 0.284 | 0.262 | 0.273 | 0.214 |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Global portfolio | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 92 | 96 | 93 | 96 | 98 | 100 | 95 | 95 |
Gross floor area (ft²) | 55,483,734 | 58,196,664 | 55,887,862 | 57,574,083 | 55,589,609 | 55,778,115 | 53,892,872 | 53,892,875 |
Water usage (m³) | 5,509,328 | 5,615,448 | 5,133,842 | 5,120,846 | 4,984,749 | 4,251,573 | 4,900,755 | 4,107,376 |
0.099 | 0.096 | 0.092 | 0.089 | 0.090 | 0.076 | 0.091 | 0.076 | |
Water use intensity (L/sq ft) | 99.3 | 96.5 | 91.9 | 88.9 | 89.7 | 76.2 | 90.9 | 76.2 |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Office | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 53 | 58 | 56 | 57 | 58 | 56 | 56 | 56 |
Gross floor area (ft²) | 26,507,426 | 29,401,144 | 28,602,059 | 30,169,298 | 29,770,969 | 28,141,883 | 28,141,883 | 28,141,883 |
Water usage (m³) | 1,700,929 | 1,804,445 | 1,635,458 | 1,525,785 | 1,530,502 | 1,052,911 | 1,457,387 | 1,052,911 |
Water use intensity (m³/sq ft) | 0.064 | 0.061 | 0.057 | 0.051 | 0.051 | 0.037 | 0.052 | 0.037 |
Water use intensity (L/sq ft) | 64.2 | 61.4 | 57.2 | 50.6 | 51.4 | 37.41 | 51.79 | 37.41 |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Retail | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 13 | 14 | 15 | 15 | 14 | 13 | 13 | 13 |
Gross floor area (ft²) | 15,849,892 | 16,141,498 | 16,214,902 | 16,214,902 | 14,246,613 | 14,178,965 | 14,178,962 | 14,178,965 |
Water usage (m³) | 1,101,397 | 1,246,430 | 1,165,581 | 1,248,945 | 1,092,317 | 932,689 | 1,081,439 | 932,689 |
Water use intensity (m³/sq ft) | 0.069 | 0.077 | 0.072 | 0.077 | 0.077 | 0.066 | 0.076 | 0.066 |
Water use intensity (L/sq ft) | 69.5 | 77.2 | 71.9 | 77.0 | 76.7 | 65.78 | 76.27 | 65.78 |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Residential | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 19 | 18 | 17 | 18 | 20 | 25 | 20 | 20 |
Gross floor area (ft²) | 7,948,313 | 7,675,919 | 6,432,443 | 6,532,552 | 6,914,696 | 8,799,936 | 6,914,696 | 6,914,696 |
Water usage (m³) | 976,406 | 1,155,240 | 1,014,284 | 1,125,766 | 1,090,593 | 1,267,126 | 1,090,593 | 1,122,929 |
Water use intensity (m³/sq ft) | 0.123 | 0.151 | 0.158 | 0.172 | 0.158 | 0.144 | 0.158 | 0.162 |
Water use intensity (L/sq ft) | 122.8 | 150.5 | 157.7 | 172.3 | 157.7 | 143.99 | 157.72 | 162.40 |
Like-for-like | ||||||||
---|---|---|---|---|---|---|---|---|
Hotels | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2019 | 2020 |
Number of buildings | 7 | 6 | 5 | 6 | 6 | 6 | 6 | 6 |
Gross floor area (ft²) | 5,178,103 | 4,978,103 | 4,638,458 | 4,657,331 | 4,657,331 | 4,657,331 | 4,657,331 | 4,657,331 |
Water usage (m³) | 1,730,597 | 1,409,333 | 1,318,520 | 1,220,350 | 1,271,337 | 998,847 | 1,271,337 | 998,847 |
Water use intensity (m³/sq ft) | 0.334 | 0.283 | 0.284 | 0.262 | 0.273 | 0.214 | 0.273 | 0.214 |
Water use intensity (L/sq ft) | 334.2 | 283.1 | 284.3 | 262.0 | 273.0 | 214.47 | 272.98 | 214.47 |
We have made a commitment to critically evaluate the environmental and health aspects of the materials and resources we procure and use in our buildings. The goal of Oxford’s Restricted Materials List is to accelerate the use of healthy materials in our buildings. The list is as follows:
- Formaldehyde
- Antimicrobials
- Halogenated flame retardants
- Phthalates
- Highly fluorinated chemicals (pfcs or pfass)
- 1. GRI Sustainability Reporting Standards
- Indicator third party assured