Allied Releases Third Annual Environmental, Social and Governance Report
27 Juni 2022 - 1:25PM
Allied Properties Real Estate Investment Trust (“Allied”)
(TSX:AP.UN) today announced it has published its 2021
Environmental, Social and Governance (ESG) Report.
Allied’s 2021 performance exceeded its 2024
reduction targets for Energy Use Intensity (EUI), Greenhouse Gas
Intensity (GHGI) and Water Use Intensity (WUI). In order to
continuously improve its performance, Allied initiated its Net Zero
Carbon Plan. The Plan will identify a clear pathway for Allied to
reach net zero in alignment with the Science Based Targets
Initiative’s (SBTi) Corporate Net-Zero Standard v1.0. Guided by
oversight from Allied’s ESG Committee, with support from industry
experts and stewarded by a multi-disciplinary Net Zero Project
Team, Allied intends to complete its Net Zero Carbon Plan in the
next 12-18 months.
Allied’s 2021 ESG Report is aligned with (i) the
Global Reporting Initiative (GRI) (ii) the Sustainability
Accounting Standards Board (SASB) Real Estate Standard and for the
first time, (iii) the Task Force on Climate-related Financial
Disclosures (TCFD) recommendations and (iv) the United Nations
Sustainable Development Goals.
Allied’s Board and Management are committed to
making Allied’s approach to ESG more manifest, deliberate and
measurable. Allied has always believed that submitting to informed
scrutiny will make it a better and more successful business, and
formally submitting to ESG scrutiny is no exception in this
regard.
Read Allied’s 2021 ESG Report at
www.alliedreit.com.
ABOUT ALLIED
Allied is a leading operator of distinctive
urban workspace in Canada’s major cities and network-dense UDC
space in Toronto. Allied’s mission is to provide knowledge-based
organizations with workspace and UDC space that is sustainable and
conducive to human wellness, creativity, connectivity and
diversity. Allied’s vision is to make a continuous contribution to
cities and culture that elevates and inspires the humanity in all
people.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael R. EmoryPresident & Chief Executive Officer(416)
977-9002memory@alliedreit.com
Cecilia C. WilliamsExecutive Vice President
& Chief Financial Officer(416)
977-9002cwilliams@alliedreit.com
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