“We build and operate commercial real estate to save the global environment, not to destroy it.
We build and operate to foster human wellness, not to undermine it.
We build and operate to promote diversity, not to impose uniformity.
We build and operate to facilitate creativity, not to encourage conformity.
We build and operate as city builders, which in a way embraces everything else.”
MICHAEL EMORY
ENVIRONMENTAL: Our impact on the natural world at both corporate and property levels.
SOCIAL: Our relationship with key stakeholders, including users, employees, suppliers and the communities in which we operate.
GOVERNANCE: Our internal policies, programs and processes that support the management of our business and the execution of ESG-related activities.
Highlighting Allied’s ESG Achievements
Allied is committed to the ongoing evolution of our ESG program and performance. Working with team members and external partners, we continue to achieve our goals and set new ambitions for the future.
Outperformed 2024 Targets
In 2023, we continued to exceed our 2024 reduction targets for Energy Use Intensity (EUI), Greenhouse Gas Intensity (GHGI) and Water Use Intensity (WUI).
Continued to Improve GRESB Scores
In 2023, we achieved a score of 85/100 for our standing investments and a score of 87/100 for developments, representing continuous improvement overall.
Committed to Green Financing
Obtained a $75 million sustainability-linked construction lending facility in 2022. Exceeded one of the sustainability performance targets for 2023, as more than 10% of individuals in construction and construction-related labour identified themselves as equity deserving groups*.
Recognized as a Canadian “Best Employer” in 2023
Since 2020, we have engaged Kincentric to conduct a third-party employee engagement survey. We were recognized as a “Best Employer” in 2020, 2021 and 2023.
Advanced Equity, Diversity & Inclusion (EDI) Commitments
Completed the actions in our inaugural EDI Roadmap. Feedback from our User Experience Assessment indicated that 91% of building users are satisfied with our commitment to EDI.
Outperformed Peers in User Experience Assessment Ratings
In October 2023, we completed our annual third-party User Experience Assessment Survey. Results demonstrated year-over-year progress and an increase in our Net Promoter Score by 47% from 2022.
Increased Portfolio Certification from 27% to 41%
Increased the percentage of our portfolio certified to LEED and/or BOMA BEST from 27% in 2022 to 41% in 2023, with an aim to certify 70% of our portfolio by 2028.
*Equity deserving groups include Indigenous people, racialized communities, recent immigrants and refugees, disabled persons, members of the 2SLGBTQQIA+ community, veterans, youth aged 29 and under and people who identify as having experienced barriers to economic opportunity and participation.
REPORTS
2023 ESG Report
2022 ESG Report
2021 ESG Report
2020 ESG Report
2019 ESG Report
GREEN FINANCING
Allied’s Green Financing Framework
Green Financing Framework, Sustainalytics Second-Party Opinion
August 2021 Green Bond Report
August 2021 Green Bond, Sustainalytics Second-Party Opinion
February 2021 Green Bond Report
February 2021 Green Bond, Sustainalytics Second-Party Opinion
Governance framework – declaration of trust, mandates & policies
Declaration of Trust
Trustees’ Mandate
Role and Mandate of the Executive Chair
Role and Mandate of the Lead Trustee
Mandate of the Chief Executive Officer
Governance, Compensation and Nomination Committee Terms of Reference
Audit Committee Terms of Reference
Environmental, Social and Governance Policy
Disclosure Policy
Insider Trading Policy
Whistleblower Policy
Code of Business Conduct
Supplier Code of Conduct
Advance Notice Policy
Majority Voting Policy
Accessibility and Customer Service Policy
