GWL Realty Advisors Wins Three HOOPP LEAP Awards

Celebrating our achievements in sustainability, innovation and leadership

We are pleased to announce that GWL Realty Advisors (GWLRA) has won three prestigious HOOPP LEAP Awards for 2023. The LEAP Awards, established by the Healthcare of Ontario Pension Plan (HOOPP), recognize property and asset managers within their portfolio for their work in sustainability, innovation and leadership. GWLRA has now won a total of 10 LEAP awards over the past six years.

The three awards we received are:

• Technology Innovator Award for Fifth & Fifth (Calgary, Alta.)
• Greenhouse Gas (GHG) Performer Award for Vancouver Centre (Vancouver, B.C.)
• Greenhouse Gas (GHG) Manager Award for 840 Howe Street (Vancouver, B.C.)

The Technology Innovator Award showcases our drive for innovation to improve the performance of our managed assets and reduce their environmental footprint. This award recognizes our successful pilot of BrainBox AI, a novel digital buildings technology that uses machine learning to reduce energy consumption, extend equipment life and maintain tenant comfort. The pilot was run on 17 of 35 floors at Fifth & Fifth and achieved impressive preliminary results, with projected annual savings of 374 MWh of electricity and 1,390 GJ of natural gas. These savings will reduce CO₂e by 136 tonnes and tenant costs by $62,880.

The GHG Performer and GHG Manager Awards acknowledge our efforts to thoughtfully plan and prepare for GHG emission reductions at two of our flagship properties in Vancouver.

The GHG Performer Award recognizes Vancouver Centre, a mixed-use office and retail complex, for commissioning two energy studies to identify and analyze emission reduction measures. The studies identified projects to reduce emissions by more than 1,000 tonnes of CO₂e, which is in line with the client’s goal to reduce emissions by 50% by 2030 and the Sustainability Benchmarking and Conservation Program, which includes five-year property-level goals for energy, water and waste reductions.

The GHG Manager Award recognizes 840 Howe Street, a Class ‘A’ office building, for developing and implementing a GHG reduction plan that aims to reduce emissions by 95% by 2030. By conducting energy studies, retro-commissioning and implementing GHG reduction measures, the team is making credible progress on reducing emissions.

We would like to thank HOOPP for their recognition and support of our work in sustainability, innovation and leadership. We share their ambition to contribute to a low-carbon economy and achieve net-zero emissions in their portfolio by 2050. We are honoured to be part of their network of partners who are making a positive impact on the environment and the communities we serve.

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