Emissions from indirectly managed assets and tenant space.
Oxford reports on the following greenhouse gases, consistent with the GHG Protocol: Direct (SCOPE 1) GHG Emission intensity is the key performance metric reported by Oxford. Greenhouse gas emissions refer to human activities, such as the burning of fossil fuels, which release greenhouse gases to the atmosphere. Energy intensity is the key performance metric reported by Oxford. Oxford’s organizational boundary for Oxford’s annual Global Sustainability Report is defined as follows:Įnvironmental performance indicators are calculated for all assets (whole building) within Oxford’s boundary, on an annual basis.Įnergy includes electricity, natural gas, steam, propane, deep lake chilled water and diesel. Oxford is deemed to have the ability to introduce and implement these policies for buildings that Oxford directly manages OR where Oxford has a 25% or greater ownership interest in the building. Operational Control is defined as “the ability to introduce and implement operating policies, health and safety policies and/or environmental policies” (in line with guidance from the Global Real Estate Sustainability Benchmark (GRESB)). Oxford uses an Operational Control approach to set its Organizational Boundary. We ranked in the Top 7% out of about 1200 global companies and funds.
In 2020, we achieved 5-Star ranking by the Global Real Estate Sustainability Benchmark (GRESB). Oxford continues to be recognized as a leader in sustainability. In addition, we are working with our parent pension organization, OMERS, to align our climate change risk and resilience reporting with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). Our report is aligned with leading disclosure standards and frameworks: GRI Standards, GHG Protocol, GRESB and the UN Sustainable Development Goals (SDGs). This report provides an overview of our framework, priorities and select initiatives. The period covered by this report is Januto December 31, 2020. Oxford’s annual Global Sustainability Report provides information related to the environmental, social and governance (ESG) aspects of the organization and outlines how the organization engages with its stakeholders. Oxford is owned by OMERS, the Canadian defined benefit pension plan for Ontario's municipal employees.įor more information on Oxford, visit General Together with its portfolio companies, Oxford is one of the world’s most active developers with over 100 projects currently underway globally across all major asset classes. A thematic investor with a committed source of capital, Oxford invests in properties, portfolios, development sites, debt, securities and real estate businesses across the risk-reward spectrum. Oxford’s owned portfolio encompasses office, logistics, retail, multifamily residential, life sciences and hotels it spans more than 150 million square feet in global gateway cities and high-growth hubs. Established in 1960, Oxford and its portfolio companies manage approximately $80 billion of assets across four continents on behalf of their investment partners. It builds, buys and grows defined real estate operating business with world-class management teams. Oxford Properties Group (“Oxford”) is a leading global real estate investor, asset manager and business builder.
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