Business
CROMBIE REIT ANNOUNCES PUBLICATION OF ITS THIRD ANNUAL ESG REPORT
CROMBIE REIT ANNOUNCES PUBLICATION OF ITS THIRD ANNUAL ESG REPORT Canada NewsWire ...
About this update from Crombie Real Estate Investment Trust
[{"type":"text","content":"\n \n \n \n CROMBIE REIT ANNOUNCES PUBLICATION OF ITS THIRD ANNUAL ESG REPORT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n NEW GLASGOW, NS\n \n \n ,\n \n \n Nov. 27, 2023\n \n \n /CNW/ - Crombie Real Estate Investment Trust (\"Crombie\") (TSX: CRR.UN) announced today the publication of its 2022 Environmental, Social & Governance Report at\n \n www.crombie.ca\n \n . This report provides an update on Crombie's ESG initiatives and strategies, and highlights achievements and priorities that reflect Crombie's commitment to long-term sustainability.\n \n \n \n \n \n \n \n \n \n \"Throughout 2022, ESG was further embedded in the way we do business to best serve our employees, tenants, and the communities in which we operate. We strengthened our understanding of our portfolio emissions and committed to reducing the greenhouse gas intensity of our operations and supply chain to ensure a greener tomorrow,\" said\n \n Mark Holly\n \n , President and CEO. \"In 2023, we have continued to make further advancements in our ESG program with the creation of our Climate Action Plan, the integration of ESG goals into Crombie's business strategy, and the elevation of ESG leadership to Crombie's Executive Committee, with\n \n Arie Bitton\n \n , EVP Leasing & Operations, as executive lead.\"\n \n \n Highlights from Crombie's ESG Report include:\n \n \n \n Crombie was awarded a Green Star for excellence in both Standing Investments and Development in its third year submitting to GRESB. Crombie improved its Standing Investment benchmark and Development benchmark scores by 45% and 25%, respectively.\n \n \n Leveraged the analysis completed in 2022 to make new commitments within its Climate Action Plan that reduce Crombie's Scope 1 and 2 greenhouse gas (\"GHG\") emissions by at least 50% by 2030, and its Scope 1, 2, and 3 GHG emissions by at least 90% by 2050.\n \n \n Reduced scope 1, 2, and 3 operational emissions by 32% from 2019 to 2021.\n \n \n Named one of\n \n Canada's\n \n Top Employers in three categories: Small and Medium Emp...