Toronto, ON (October 14, 2024)  – Cadillac Fairview (CF) is pleased to announce that for the fifth time, and fourth consecutive year, the company has ranked first in its peer group (Northern America - Diversified - Office/Retail - Non-listed) within the Global Real Estate Sustainability Benchmark (GRESB) assessment, marking a significant achievement in environmental, social, and governance (ESG) performance. In addition, CF has been named Regional Sector Leader for the Americas Diversified Office/Retail category and has also earned the ‘Green Star’ ranking for the ninth time.

GRESB, an esteemed global benchmark for assessing ESG performance, evaluates CF’s achievements in superior building performance and best practices in ESG management, including policy, risk management, stakeholder engagement, implementation and measurement. This year’s Real Estate Assessment saw a record 2,223 listed and non-listed portfolios participate, generating a benchmark that covers USD 7 trillion of gross asset value (GAV) across 80 markets.

“We are incredibly proud to be recognized as the top performer in our sector for the fourth consecutive year,” said Sal Iacono, President and CEO, Cadillac Fairview. “This recognition is a testament of our commitment to community transformation and sustainability, driven by our dedicated teams, strong culture, and ongoing efforts to exceed industry standards with purpose and integrity.” 

Building on its GRESB successes, CF has made significant strides in reducing greenhouse gas emissions, energy, and water use, while increasing waste diversion and maintaining third-party green building certifications through its award-winning Green at Work® program. CF’s focus on people and culture, investing in employee engagement and wellbeing, and supporting local communities through strategic philanthropy and economic contributions underscores the company’s leadership in fostering sustainable and positive social outcomes. By upholding high standards of ethics, compliance, and governance, CF also continues to build trust and transparency, reinforcing its reputation as a reliable leader in responsible practices.

For more information about CF’s sustainability commitments, targets and results, visitcadillacfairview.com/esg.

About GRESB

GRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making. For more information, visit GRESB.com. 

About Cadillac Fairview

Cadillac Fairview (CF) is one of the largest owners, operators, investors and developers of best-in-class office, retail, multi-family residential, industrial and mixed-use properties in North America.

Wholly owned by the Ontario Teachers’ Pension Plan, with assets under management of more than $30 billion, CF manages over 36 million square feet of leasable space at 68 landmark properties across Canada, including Toronto-Dominion Centre, CF Toronto Eaton Centre, Tour Deloitte, CF Carrefour Laval, CF Chinook Centre and CF Pacific Centre.

Driven by its purpose of Transforming Communities for a Vibrant Tomorrow, CF is continually striving to make a positive impact in communities where it operates by promoting social connection, growth, and a sustainable future. Visit cadillacfairview.com for more information.