We are committed to delivering sustainable outcomes for our planet, fostering social responsibility and maintaining ethical business practices across all aspects of our operations.
At WPM, our mission is to deliver exceptional real estate services that create sustainable value for our clients and community.
We empower our people and engage our clients with innovative solutions to reduce our impact on climate change.
ENVIRONMENT
our strategic framework
Warrington PCI Management’s Environmental Sustainability Framework describes the key elements of our company’s strategy. The inside of the circle represents the organization’s five key areas of focus. “Resilience” surrounds this inner circle as a sixth focus area, highlighting WPM’s efforts to integrate resiliency measures into all aspects of the sustainability strategy.
The outermost circle describes WPM’s six-step process for measuring, tracking, progressing and communicating the company’s sustainability performance in each focus area. Each of the framework’s components supports WPM’s commitment to low carbon and climate-resilient operations.
We design a strategic sustainability path for each property based upon its unique asset plan.
Employing advanced energy monitoring and analytics software, we optimize energy efficiency across more than 50% of our managed properties.
100% of the properties we manage are registered on Energy Star Portfolio Manager.
We are committed to completing BC Hydro Integrated Energy Audits at 30 buildings (almost 2.5 million square feet) in 2024.
More than 26 buildings under our management proudly hold BOMA BEST and LEED certifications.
Decarbonization project planning worth $10.5 million under way at 5 buildings.
View our 2022 Sustainability Report
To create sustainable value for our clients and community.
We empower our people and engage our clients with innovative solutions to reduce our impact on climate change.
Over the last several years we have continued to work on and refine our sustainability program. We started by taking stock of our current sustainability achievements, engaging with our stakeholders to set our direction and laying the foundations for a robust performance software system. We have solidified our commitment to integrating sustainability into our business practices by creating a Vice President of Sustainability role that reports directly to our President and by establishing a leadership-level Sustainability Commitee to provide guidance on our efforts.
Looking forward, we are commited to improving our data collection and analysis systems in the areas of energy, waste and water and setting targets for all aspects of our sustainability program. We are conducting a materiality assessment to confirm strategic priorities and are considering appropriate reporting frameworks to ensure transparency and accountability. All of these initiatives will inform the development of a comprehensive Environment, Sustainability and Governance (ESG) strategy in 2023. Our ESG strategy will outline how we measure and evaluate our performance and systems, show our commitment with a robust set of targets and plans, lay the foundation for implementing actions and put us on track to confirm and shares our ESG results on an annual basis.
Put systems in place to capture data and assess ESG performance
Analyze and benchmark ESG performance
Set ESG targets
Develop plans and programs
Invest in actions and certification
Drive ESG performance
Track and verify results
Publish ESG report
Disclose ESG performance against targets
100% of our Building Operators will have completed formal energy management training by Dec 2025.
Waste benchmarks will be set across all managed properties where metrics are available by: December 2024
Sharing WPM’s targets for decarbonization, energy, waste and water with tenants across 100% of our managed portfolio and request their active participation by 2025.
50% of our portfolio will have a sustainable green procurement policy in place to ensure contractor environmental performance by Dec 2024.
100% of our managed portfolio will be enrolled in utility and emissions analysis programs in 2023.
100% of our portfolio will undergo a climate risk assessment by Dec 2025.
100% of our portfolio will have a sustainable green procurement policy in place to ensure contractor environmental performance by Dec 2024.
We have set 2030 as our target year to have achieved the following, wholistic objectives to environmental responsibility at WPM.
of our Building Operators will have completed formal energy management training by Dec 2025.
Waste benchmarks will be set across all managed properties where metrics are available by:
Sharing WPM’s targets for decarbonization, energy, waste and water with tenants across 100% of our managed portfolio and request their active participation by 2025.
of our managed portfolio will be enrolled in utility and emissions analysis programs in 2023.
of our portfolio will undergo a climate risk assessment by Dec 2025.
of our portfolio will have a sustainable green procurement policy in place to ensure contractor environmental performance by Dec 2024.
We engage with professional groups and the communities we work in to advance ESG principles in our industry. We are proud to contribute to the creation of resilient, thriving communities and to drive positive change in the real estate sector by working with the following industry organizations:
We are building an equitable workplace together.
We understand our responsibility to make a positive impact in the communities in which we operate.
Strong and effective governance is integral to operating our business ethically.
