Our ESG objectives in North America

Environment primary

Environment

58% reduction in overall emissions by 2030. 100% Scope 1 & 2, and 40% Scope 3 reductions.


  • 2030 Net Zero Commitment (WGBC).
  • Actively managing utility consumption (Envizi) and conducting portfolio-wide (re-certifications) including EnergyStar, LEED O+M, Fitwell.
  • Executing green leases with new and rolling tenants to share utility data from tenant spaces.
  • Preparing asset-level retrofit plans based on ROI duration and establishing annual portfolio-wide Net Zero Retrofit Fund.
  • Incorporating net zero requirements and resiliency-planning into acquisition and disposition decision-making.
  • Following standards to define how development teams and consultants can address design and construction decisions with net zero considerations in mind. 

Social primary

Social

75% of supplier spend committed to principles by 2030


In the cities where we operate in US and Canada, we focus on three key areas to maximize contributions to communities:

  • Housing: Prioritize creation and retention of both market and non-market housing units e.g., Waterfront Station.
  • Education: Support through school outreach, internships, scholarships, and apprenticeship programs. e.g., UrbanPlan and Project Destined.
  • ESG Supply Chain Principles:  Our overarching ESG Partner Principles have been developed and consider the environment, community support and ethical business practices.

Local charitable giving in excess of $800k annually via the Westminster Foundation. 

One week paid annual time off for volunteering to social causes.


Learn more about our ESG Partner Principles
Governance primary

Governance

Industry leading ethical business-centred governance


Progressive internal policies & practices

  • Succession planning and career development opportunities.
  • Parental leave.
  • Industry leading employer contributions to 401k and RRSP.

Equity, Diversity & Inclusion employee groups

  • Pride @ Grosvenor, Mental Health and Wellness, Racial Justice, Recruitment, Training & Culture.

Institutional-grade reporting

  • Annual Global Company Review published.
  • Non-Financial Reporting Directive.
  • Quarterly investor reporting. 

Ethical business

  • Contracting provisions amongst supplier including anti-money laundering, anti-bribery and anti-modern slavery.


Certain of the information included in and supporting these targets are forward-looking statements regarding Grosvenor’s goals and objectives, and are based on current expectations, assumptions, estimates, projections, opinions and beliefs. Forward-looking statements are inherently uncertain, and actual results may differ materially from those reflected herein. Grosvenor does not assume any obligation to update such information, whether as a result of new information, future developments or otherwise, except as required by law.

Group 2