Minto Group releases 2021 ESG report with new focus
Ontario-based real estate company Minto Group recently unveiled its latest environmental, social and governance (ESG) report which officials say chronicled the next stage of its ESG journey.
Minto logo (CNW Group/The Minto Group)
The report highlights the initiatives that Minto has undertaken during the 2021 calendar year. It’s the company’s 13th annual report and 67th year as a business.
“As we put another pandemic year behind us and look optimistically toward the future, we continue to build on our ESG strategy and make progress in key areas like building our business resilience, impacting our communities, and reducing our environmental impact,” said Michael Waters, Minto Group CEO. “As a conscientious leader in our industry for over 67 years, we’re incredibly proud to be an ethically responsible, forward-thinking business with a clear path toward building a better tomorrow, today.”
2020 marked a significant shift as Minto began developing a new ESG strategy. The company stated that in 2021 its team shifted focus to defining priorities so its ESG program could advance. This included clear performance targets, comprehensive reporting frameworks and strong governance.
The report highlighted the company’s inaugural Diversity and Inclusion Survey, a historic $25 million donation to the Ottawa Hospital Foundation and reductions in the environmental impacts of buildings. This included offerent net-zero and net-zero ready options for homebuyers and geo-exchange community energy systems.
Some other environmental highlights included 7 per cent lower energy consumption from 2019 levels, 8 per cent lower carbon intensity from 2019 levels and 81.8 per cent construction waste diversion.
