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ESG In Everything We Do

Crown considers ESG at every step of the real estate investment lifecycle. Our model of active, integrated management prioritizes environmental and social sustainability preserves and creates the greatest value for all our stakeholders.

View our 2023 ESG Report
Environment
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Social
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Governance
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Environment

Real estate is a long-term investment and extreme weather events caused by climate change present potential physical risks to property. With our value-add lens, Crown assesses climate hazards to identify buildings that might face greater risks and implement risk mitigation and adaptation strategies, allowing us to set action plans and budget accordingly.

30%
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Reduction in energy use intensity to be achieved by 2030
30%
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Reduction in water use intensity to be achieved by 2030
30%
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Reduction in non-hazardous waste to be achieved by 2030
30%
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Reduction in GHG emissions to be achieved by 2030

Certifications & Awards

Crown has achieved excellence in sustainability through the following awards and certifications. Crown recognizes the importance of transparency in our ESG performance data and disclosures. We report our ESG metrics across several industry-leading platforms, including GRESB, Energy Star, LEED, BOMA and others.

Social

Community Building

Crown’s commitment to creating a smarter, more responsible model for commercial real estate investing and management extends beyond the walls of our buildings and boundaries of our properties, to our local communities.

Mental Wellness

Mental Wellness

Supporting our team members and office communities is a top priority at Crown.
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Fitwel
Fitwel certification for 100% of Fund Portfolio by 2025.
Building Office Communities

Crown Gives Back

Over Two Decades of Commitment to our Communities.
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Building Office Communities

Building Office Communities

Our commitment to creating a smarter, more responsible model for commercial real estate investing and management extends beyond the walls of our buildings and boundaries of our properties, to our local communities.
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Supporting Local Artists

Supporting Local Artists

We continue to find ways to work with local artists to enhance the common spaces within our buildings to make a positive impact on tenant well-being.
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Biodiversity

Biodiversity

Crown plans to conduct ecological assessments consistent with the TNFD framework across our Fund Portfolio to identify any potential risks and opportunities within proximity to our buildings.
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Talent

We support the career development of our growing team through ongoing training, education, and career development.

100%
ESG-specific targets included in company-wide performance incentive programs
90%
describe crown culture as diverse, inclusive and equitable
100%
tuition subsidy for professional development courses
53%
of senior management are women

Governance

Crown Earns Top ESG Rating in GRESB Assessment

For the sixth consecutive year, Crown’s submission on behalf of its Core Fund of office properties achieved a 5-star rating. Crown has continued to show its ESG leadership, having achieved a score of 91 for its Core Fund submission and an outstanding performance ranking of 1st in its peer group of non-listed Canadian office funds and 2nd in a broader peer group in the Americas. Read more.

Advisory Board

Crown has an Advisory Board to offer sound advice to Crown’s owners who are involved in the operations of the business.

ESG in Everything We Do

For Crown, responsible management integrates ESG factors throughout the investment lifecycle. When we can identify potential risks early on, we can have a material impact on value creation.

ESG Committee

Crown’s ESG Committee is responsible for advancing Crown’s ESG strategy. Chaired by Anna Huang, Director, Sustainable Investments, and under the oversight of Emily Hanna, Managing Partner, Investments, the Committee consists of a cross-section of Crown’s leadership team across different geographies, departments, and roles. Together, the members serve as champions of positive change who collaborate to ensure that each business unit is working to achieve complementary goals. The Committee consists of the following members:

View Department ESG Leaders

Crown is well positioned to manage climate-related risks and capture opportunities for sustainable investment management, strategic planning, and building operations.

Assessing Climate Risks

Crown assesses climate risks through physical and transition risk analyses. Crown plans to develop a net zero transition plan for the Core Fund to evaluate the feasibility and develop a pathway to achieving significant carbon reductions at each property.

Physical Risks
Transition Risks
Climate Risk Assessment

We are working towards our target by encouraging additional recycling streams, providing more detailed instruction regarding waste diversion through tenant learning sessions and our tenant handbook.

Net Zero Carbon Transition Plans

ESG Through The Years

ESG News & Views

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