Our Future-Fit Pioneer commitment…
We recognize the crucial role every business must play in creating a Future-Fit Society – one that is environmentally restorative, socially just and economically inclusive – and we are committed to being a catalyst for the necessary change.
We aspire to become a Future-Fit Business because we believe our long-term success is tied to the value we provide to society and the environment. We must eliminate all of the potential negative impacts associated with how we develop and manage our projects and operate our business. It starts with us.
As a real estate platform, our operations and projects have significant impacts on people, the planet and the spaces we share. The real estate industry shapes our neighborhoods, cities and the spaces we share and so we must confront and help solve issues of affordability, access to equity and social capital. We are also aware we need to address our contribution to climate change as the construction and operations of buildings accounts for 40% of worldwide greenhouse gas (GHG) emissions.
We are committed to pushing the boundaries of innovation for impact to explore what is possible through ground-up development, asset repositioning and management of real estate.
While real estate is our tool, impact is our goal. We will seek to create positive impact wherever we can, to speed up society’s transition to future-fitness through our own actions and by assisting others on the journey. We will help lead positive systems change within our industry by:
- Tackling climate change and becoming carbon neutral by 2045;
- Developing and implementing solutions within our portfolios that address the growing affordability gap and the lack of equity creation opportunities across residential and commercial spaces;
- Building and strengthening social capital within the local neighbourhoods where we deliver TAS projects, with a focus on developing measurement tools that demonstrate tangible improvements on quality of life, access to resources, individual resiliency, community connectedness, trust and care; and
- Sharing our journey along the way, including our successes and failures.
We acknowledge that incremental improvement of the status quo isn’t enough, so we intend to transform the way we do things. We will lead by example and encourage other businesses to do the same by sharing our progress annually. We will publish our first Future-Fit Statement of Progress within the next 12 months.