Our ESG story

At CAPREIT, we strategize today. To better our tomorrow.

As a responsible housing provider, 2023 was a year of focus on modernization of our portfolio to accelerate sustainable growth and a responsible approach to investing back into our communities.

2023 Energy, Water and Greenhouse Gas Reporting Methodology

_{This document outlines the methodology used to measure CAPREIT’s energy, water consumption and greenhouse gas (GHG) emissions, as reported in the 2023 Environmental, Social and Governance Report (ESG Report). Click here for more info.}

2023 ESG Highlights

Best Place to Live

$30.7 million

invested in energy-saving¹, resiliency, and water efficiency projects in Canada.

7/10

scored on our annual Resident Satisfaction Survey and our Recommend-ation Score remained strong at 78%

Published a Resident Bill of Rights

6.1%

reduced our per suite energy use since 2022

Best Place to Work

88%

employee satisfaction with CAPREIT’s approach to diversity and inclusion

Launched an internal first‑aid training program

61%

female participation in leadership development programs

Implemented a new hire survey to better understand the needs of new employees

Best Place to Invest

50%

female independent trustees

Our new investment strategy further integrates financial and non‑financial risk return parameters²

10.2%

total reduced greenhouse gas (GHG) emissions compared to 2019

Expanded our Board Education Program to incorporate insights on specific areas of risk

1 Includes energy efficiency and resiliency investments in residential suites and buildings, MHC sites, and commercial/retail spaces in the Canadian portfolio.

2 The ﬁnancial and non-ﬁnancial risk parameters include offering higher returns, lower costs, better energy efficiency, and improved risk proﬁles.

Please see our Conservation and Sustainability video series for more information

about our approach to sustainability.

CAPREIT’s Conservation and Sustainability Video Series

5 Videos