Last week, Crombie released its 2024 Environmental, Social & Governance Report (ESG), which highlights priorities, progress, and initiatives from the year. Please join us in thanking our team from coast to coast; their dedication and commitment to Crombie and its ESG priorities is evident in their work every day.
Highlights include:
- Adopted the Sustainability Accounting Standards Board (“SASB”) standards for the real estate sector, enhancing the clarity and comparability of its reporting
- Completed a double materiality assessment to guide ESG priorities and prepared for evolving disclosure standards
- Reduced operational greenhouse gas (“GHG”) emissions(1) by 33% from our 2019 baseline
- Completed a pathway-to-net-zero feasibility study for the Scotia Square complex
- Joined the Building Decarbonization Alliance
- Earned first-time recognition as one of Canada’s Greenest Employers
- Launched mandatory Indigenous Awareness training to foster a more inclusive workplace
- Achieved an 86% participation rate in the employee engagement survey and a Net Promoter Score of 19.2
- Supported more than 4,000 hours of volunteering with various groups and donated $122,000 in support of Community Impact Strategy
- Enhanced Trustee onboarding to support governance continuity
- Intensified cybersecurity measures to protect against evolving threats
The full report is available on the ESG section of Crombie’s website.
(1) Crombie has restated its 2019 baseline total GHG emissions to 357,000 tonnes of CO2e, previously 358,000 tonnes of CO2e. The restatement reflects changes to Crombie’s portfolio composition through acquisition and disposition activity, as well as greater data availability.