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CROMBIE REIT ANNOUNCES RELEASE OF 2023 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT
CROMBIE REIT ANNOUNCES RELEASE OF 2023 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT CR...
About this update from Crombie Real Estate Investment Trust
[{"type":"text","content":"\n \n \n \n CROMBIE REIT ANNOUNCES RELEASE OF 2023 ENVIRONMENTAL, SOCIAL & GOVERNANCE 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 CROMBIE REIT ANNOUNCES RELEASE OF 2023 ENVIRONMENTAL, SOCIAL & GOVERNANCE REPORT\n \n \n Canada NewsWire\n \n \n \n \n \n \n NEW GLASGOW, NS\n \n \n ,\n \n \n June 26, 2024\n \n \n /CNW/ - Crombie Real Estate Investment Trust (\"Crombie\") (TSX: CRR.UN) announced today the release of its 2023 Environmental, Social & Governance (\"ESG\") Report which provides an overview of Crombie's ESG initiatives and strategies, highlighting progress and achievements across key priorities.\n \n \n \n \n \n \n \n \n \n \"Crombie's portfolio spans from coast to coast in the heart of vibrant towns, expanding cities, and major urban centres, and our team is committed to enriching these communities across\n \n Canada\n \n through sound environmental practices, social responsibility, and strong corporate governance,\" said\n \n Mark Holly\n \n , President and CEO. \"In 2023, we further embedded ESG priorities into our strategy and culture, strengthened our ESG commitments, and made significant advancements in this important program.\"\n \n \n Key highlights from Crombie's 2023 ESG Report include:\n \n \n \n Climate Action Plan (\"CAP\") validated and approved by the Science Based Targets initiative (\"SBTi\").\n \n \n Reduced operational greenhouse gas (\"GHG\") emissions by 32% from our 2019 baseline.\n \n \n Improved GRESB scores, resulting in Green Star designations and year-over-year improvements of 45% and 25% in Standing Investments and Development Assessments, respectively.\n \n \n Named a 2023 Green Lease Leader, receiving Gold Level by the Institute for Market Transformation and the U.S. Department of Energy's Better Buildings Initiative.\n \n \n Achieved 55% increase in building certifications and awarded BOMA BEST Platinum certification for Scotia Square.\n \n \n Crombie's active major development, The Marlstone, is being built to LEED Gold standards and to a Rick Hansen Foundation Accessibility Certification (RHFAC).\n \...