Granite integrates sustainability strategies into both its management and operations approaches, guided by established short- and long-term goals. This approach helps build a blue chip, globally diversified, and environmentally responsible logistics real estate company.
Our Commitment
Sustainability at Granite REIT
Granite institutes sustainability strategies into its management approach and operations to build a blue chip, globally diversified logistics real estate company that ensures the efficient use of resources and promotes the prosperity of the natural environment.
Granite has established short- and long-term sustainability goals and objectives that are considered during every decision-making process.
- Environmental Granite’s environmental impacts are driven primarily by energy and water consumption, waste generation, and the geographic locations of its properties. To mitigate adverse impacts and promote environmental stewardship, Granite prioritizes high-quality data collection and analysis to inform decision-making, guide sustainable development, and identify opportunities for resource efficiency.
- Social Granite fosters strong working relationships and builds meaningful connections beyond its properties through proactive engagement and open communication. Whether supporting tenants with sustainability resources or encouraging volunteerism and employee health and well-being, Granite is committed to supporting people in and beyond the workplace.
- Governance Guided by transparency and ethical business practices, Granite’s approach to governance sets and upholds a high standard of excellence across its offices and properties.
- Resilience Granite assesses and mitigates climate-related risks to protect asset value, support business continuity, and ensure stakeholders remain confident in the sustainability program’s performance. Teams across the organization are equipped with the tools, data, and processes needed to identify, monitor, and report risks.
Corporate Sustainability Reports
| Year | Title | Download |
|---|---|---|
| 2025 | Corporate Sustainability Report | Download Corporate Sustainability Report |
| 2024 | ESG+R Report | Download ESG+R Report |
| 2023 | ESG+R Report | Download ESG+R Report |
| 2022 | ESG+R Report | Download ESG+R Report |
| 2021 | ESG+R Report | Download ESG+R Report |
| 2020 | ESG+R Report | Download ESG+R Report |
| 2020 | ESG Overview | Download ESG Overview |
| 2019 | Sustainability Plan | Download Sustainability Plan |
| 2025 | Green Bond Use of Proceeds Report | Download Green Bond Use of Proceeds Report |
| 2024 | Green Bond Use of Proceeds Report | Download Green Bond Use of Proceeds Report |
| 2023 | Green Bond Use of Proceeds Report | Download Green Bond Use of Proceeds Report |
| 2022 | Green Bond Use of Proceeds Report | Download Green Bond Use of Proceeds Report |
| 2021 | Green Bond Use of Proceeds Report | Download Green Bond Use of Proceeds Report |
| 2020 | Green Bond Use of Proceeds Report | Download Green Bond Use of Proceeds Report |
| 2020 | Green Bond Framework | Download Green Bond Framework |
| 2020 | Second Party Opinion | Download Second Party Opinion |
Measuring the Impact
We measure our sustainability impact to ensure we reach our targets and are making a positive impact.
- Allocated to green projects
- $1,161.3 million
- Intensity energy reduction (per sf)
- 49.1%
- Intensity emissions reduction (per sf)
- 79.2%
- Intensity water reduction (per sf)
- 61.0%
- PV system peak generation
- 22.79 MW +
- Contributed to communities
- $180,000 +
- Supported organizations in 2023
- 15
- Diverted from landfills
- 72,000 tonnes
Biodiversity and Beehives
Beyond influencing utility consumption, Granite explores other sustainability initiatives to deploy across our sites that encourage environmentally conscious practices, such as access to alternative transportation and education on biodiversity.
Granite currently has three beehives across three properties in Ontario, Canada that are managed by Alvéole, a hands-on beekeeping service. As keystone species, bees and pollinators in general play an essential role in fostering biodiversity and we encourage preservation and protection for them. In our efforts to promote a healthy environment, with the help from our on-site honeybees, we are able to use the bees as education tools, purchase Alvéole honey products to share our beekeeping story, and provide real-time metrics on our beekeeping efforts.
Find out more information about Granite's beehives in Concord, Mississauga, and Brantford.
- Locations
- 3
- Beehives
- 3
- Total bees
- 50,000
- Traveled per day pollinating
- 54,000 km