.jpg)
1 hour ago
3
Article content
TORONTO — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announces the release of its 2025 Environmental, Social and Governance (“ESG”) Report. The ESG Report highlights SmartCentres’ key ESG initiatives and accomplishments along with forward-looking commitments on how the Trust continues to embed ESG strategy into its business.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
“We are executing on our decarbonization strategy, working closely with our tenants to identify and align mutual priorities and opportunities. We believe collaboration will create long-term value both for the communities in which we operate, and our Unitholders. We also focused on understanding how artificial intelligence (“AI”) and cybersecurity impact our business, both from the perspective of opportunity and risks to be managed. As we continue to execute on our ESG strategy, we will strive to do even better,” says Mitchell Goldhar, Executive Chairman and CEO, SmartCentres.
Article content
Article content
Article content
2025 highlights:
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
- Improved Global Real Estate Sustainability Benchmark (“GRESB”) score to 84/100, achieving 2025 Sector Leader status;
- Conducted a Double Materiality Assessment to identify and prioritize ESG-related impacts, opportunities and risks most relevant to our business and stakeholders;
- Further developed Net Zero Framework to assess the best path forward taking into consideration interim targets, emission reduction targets and cost assumptions;
- Advanced decarbonization strategy through the application of a Sustainable Development Framework, and approved a solar photovoltaic (“PV”) project for installation, with construction anticipated to commence in Q3 2026;
- Maintained strong commitment to governance and oversight with an established ESG Sub-Committee of the Board;
- Established an AI Committee to support best practices, innovation, and scalable AI adoption across SmartCentres;
- Exceeded Board diversity targets with women representing 38% of the Trustees, and independent trustees representing 75% of the Board; and
- Improved cybersecurity monitoring and practices, as well as upgraded enterprise risk management systems to ensure effective risk monitoring.
Article content
SmartCentres’ annual ESG Reports can be found on its website at ESG Report – SmartCentres.
Article content
About SmartCentres
Article content
SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 200 strategically located properties in communities across the country. SmartCentres has approximately $12.3 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage properties. SmartCentres owns 35.5 million square feet of leasable space with 97.6% in place and committed occupancy, on 3,500 acres of owned land across Canada.
Article content
Article content
Article content
Article content
View source version on businesswire.com:
Article content
Article content
Article content
Contacts
Article content
For more information, visit www.smartcentres.com or please contact:
Article content
Mitchell Goldhar
Executive Chairman and CEO
(905) 326-6400 ext. 7674
[email protected]
Article content
English (US)