Sustainability Report
2020

Our Sustainability Strategy

As a Canadian leader in institutional real estate, Triovest creates sustainable places that enhance communities and enrich relationships. Our values-driven organization integrates sustainability throughout the business to deliver results and long-term value.

Letter From The CEO

Why Sustainability Matters

Triovest has a bright future, as we grow our business and deliver greater value to our clients by realizing the full potential of the assets and portfolios under our management.

Our Priorities

Our business, as well as stakeholder expectations, is constantly evolving. At Triovest, we regularly engage with stakeholders to better understand the sustainability topics that are most relevant to them and to our business. Our 2020 Materiality Matrix presents 32 distinct topics with each assigned to one of four sustainability categories – Environmental, Social, Governance and Financial – and ranked in terms of importance to both internal and external stakeholders.

Employees Environment Clients Communities

Employees

The more than 500 employees who work on Triovest’s behalf are our greatest strength and essential to our long-term success. We strive for a workplace that is healthy and safe, engages employees through communications and feedback mechanisms, supports careers and lifelong learning opportunities, promotes diversity and inclusion, and removes barriers so everyone can reach their full potential.

Named 2020 Employee Recommended Workplace for the fourth straight year by The Globe and Mail
Health and safety risk management audits at 82 properties
Hosted a virtual diversity and inclusion speaker series for employees

Environment

Across Triovest’s Canada-wide commercial real estate portfolio of more than 400 properties, we are focused on environmentally sustainable building design and operations. Triovest’s efforts to minimize environmental impacts and take action include our climate resiliency and healthy building initiatives and our three-year targets to reduce waste, energy and water use, and greenhouse gas emissions.

4-star
Achieved a 4-star rating in the 2020 GRESB Real Estate Assessment
71%

of property portfolio is LEED, BOMA BEST, Fitwel or other green-building certified

Clients

Triovest’s clients entrust us to strengthen the financial security of their assets and provide long-term value appreciation by managing their commercial properties effectively and responsibly. Integrating sustainability – such as green lease clauses and sustainability-specific requirements in tenant fit-out programs – into our asset management process is a key aspect of creating value for our clients.

Joined the Fitwel Champions health and well-being program and certified one project in 2020 under the program
Developing 29 industrial properties to meet growing investor interest and client demand

Communities

The nature of our business offers us the opportunity to connect with communities across Canada every day. Along with local and national partnerships with community organizations that positively influence lives and strengthen the communities in which we operate, Triovest gives back to communities through a Corporate Giving Program and by supporting the charitable efforts of our employees.

Offered free use of five million square feet of vacant commercial space for Canada’s COVID-19 response effort

Redirected $89,167 budgeted for holiday events to support food banks and other charitable organizations

$100,000 donated to charitable organizations through corporate donations and Triovest’s employee giving platform (with donations up to $300 matched by Triovest)

Expanded Diabetes Canada’s clothing donation bin program to nine properties

Downloads

Triovest is committed to transparently reporting our performance across all our material sustainability topics. We follow the GRI Standards for sustainability reporting, and the downloadable GRI Index discloses our performance for the 2020 calendar year.