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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
Energy-efficient office space
Environment
Social
Governance

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.

ESG real estate

Mental Wellness

Supporting our team members and office communities is a top priority at Crown.
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LEED-certified buildings
Fitwel certification for 100% of Fund Portfolio by 2025.
Sustainable office spaces

Crown Gives Back

Over Two Decades of Commitment to our Communities.
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Green building management

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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Commercial building sustainability

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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Sustainable office spaces

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.

55%
Increase in employee headcount in the last 12 months.
64%
Of senior management are women.
100%
Tuition subsidy for job-related education and training.
56%
Of team members are emerging leaders under 44.

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.

Crown Earns Top ESG Rating in GRESB Assessment

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 real estate

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:

Anna Huang
Anna Huang
Chair
Hrithvik Anantha
Hrithvik Anantha
Vice Chair
Preet Jassal
Preet Jassal
Secretary
Monica Di Zio
Monica Di Zio
Marketing
Jorge Da Silva
Jorge Da Silva
Operations
Jennifer Duern
Jennifer Duern
Transactions & Investments
Eileen Illingworth
Eileen Illingworth
Ottawa Portfolio
Stefan Teague
Stefan Teague
Leasing
Rainu Singh
Rainu Singh
Human Resources
Melanie Yu
Melanie Yu
Finance and Reporting
Energy-efficient office space

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.

Sustainable office spaces
Physical Risks
Green building management
Transition Risks
Smart property management
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.

Sustainable office spaces
Net Zero Carbon Transition Plans

ESG Through The Years

ESG Report: 2020ESG Report: 2021ESG Report: 2022ESG Policy

ESG News & Views

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