Ottawa-based real estate firm Minto Group, Canadian clothing company Gildan and commercial real estate giant Cushman & Wakefield announced their latest ESG targets and achievements.
Minto Group
Minto is a real estate company and developer with presence in Canada and the U.S. It manages 2.4 million square feet of commercial space and a $4.1 billion investment portfolio.
Report highlights: Managed to achieve an eight per cent reduction in carbon intensity and seven per cent lower energy consumption compared to a 2019 level. Approved 19 formalized ESG initiatives under three strategic pillars. Around half (45 per cent to 55 per cent) of incentive compensation is now tied to achieving ESG targets. Almost 1,000 residential units achieved green building verifications.
Emissions goal: N/A
Scope 1 and 2: Emitted 21,225,000 absolute kg of carbon dioxide in 2021 versus 23,285,000 absolute kg of carbon dioxide in 2019, accounting for direct emissions only.
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