Being a real estate leader requires foresight and courage to make decisions that will make a sustainable future more likely for the stakeholders we represent as well as for the communities and environment where we build and manage buildings.
CALGARY, AB. — RESIDENTIAL
SUSTAINABILITY POLICY
QuadReal aims to be a global sustainability leader. By delivering on our sustainability policy, we will help drive long-term financial value for the British Columbia Investment Management Corporation (BCI) and its clients: representing more than half a million of B.C.’s pensioners. We are committed to continually exceeding the expectations of our tenants, residents, employees and the communities in which we operate through efficiency, engagement, health and innovation. Read our Sustainability Policy.
We take a systemic approach to understanding our social, environmental and economic impacts, identifying and prioritizing our biggest levers for positive change. We are equipped with early market knowledge to anticipate and manage risks that can disrupt our business in both the short and long term. This information enables us to capitalize on new opportunities that will benefit our stakeholders.
SUSTAINABILITY GOVERNANCE
Responsibilities for sustainability are embedded throughout the organization. Sustainability metrics are included in the annual objectives of our senior executives. QuadReal is owned by BCI, which receives a detailed carbon performance report that tracks progress towards our net-zero carbon target. We provide the data for the direct and indirect property modules that BCI submits annually as part of its public reporting to the United Nations Principles for Responsible Investment (PRI) Initiative.
The Sustainability and Environmental Health and Safety Committee meets quarterly and provides updates to QuadReal’s Management Board. QuadReal’s Senior Vice President of Sustainability & Environmental Health and Safety reports annually to the QuadReal Board of Directors on our progress in adhering to our sustainability strategy. Read QuadReal’s Environmental and Occupational Health and Safety policies and see our Committee Mandate.
EMPLOYEE CODE OF CONDUCT
Our Code of Ethics and Professional Conduct is a critical part of our commitment to professional excellence. Every year, this set of guiding principles and standards is updated and shared with employees who must acknowledge that they have reviewed, understood and agreed to its terms. Read our full Code of Ethics and Professional Conduct.
RESPONSIBLE CONTRACTING WITH PARTNERS AND VENDORS
We expect those doing business with QuadReal to operate at a high standard of ethics and integrity consistent with prudent business practices—and we expect our partners to hold us to the same standard. We are committed to doing what is right and to deterring wrongdoing. In dealings with our partners, we conduct ourselves in a forthright and honest manner, with fairness and consideration, respecting the rights and dignity of all individuals. We conduct ourselves professionally in our relationships and only make commitments we can keep. Learn more about our Responsible Contractor Code of Conduct and Ethics.
CULTURE AND ETHICS HELP LINE
Also known as an ethics reporting or whistleblower hotline, our Culture & Ethics Help Line is an important avenue to help us learn what is on the minds of our employees, former employees, external business partners, community members and other stakeholders. We have partnered with Clearview Strategic Partners, a third party experienced in facilitating confidential feedback, so that our team can hear from anyone about how we are doing and where we can do better.
INTERNATIONAL PARTNERS
Our international portfolio is constantly expanding. We currently invest in assets in cities around the world. We work collaboratively with our international investment and management partners to develop sound approaches to sustainability and environmental health and safety. Learn more about our international partnerships.
QUADREAL IS CURRENTLY INVESTED IN CANADA, THE U.S., EUROPE AND ASIA PACIFIC, WITH OFFICES IN HONG KONG, LONDON AND NEW YORK CITY.