U.S. Office ESG

Houston

100% of the electricity requirements for the Houston office portfolio supplied through a newly built solar power plant by 2026.

Houston Environmental

Climate

Zero Emissions Electricity


Solar power

  • Texas-based new solar projects


Insights:

  • Power of "additionality" - why is it helpful to add new renewable supply to the grid?
  • Why local power? Financing a new-build solar power plant adds new renewable power supply to the grid.
  • Increases demand for finite zero emissions electricity supply, incentivizing new development and improving the mix of in-state clean energy generation sources.
  • Offers the opportunity for significant electricity cost savings for Brookfield Properties and our tenants.
  • Reduces Scope 2 greenhouse gas emissions associated with tenant electricity consumption.

Waste

 
  • Food insecurity
  • Recycling
    • Reuse & donations
    • Single-use plastic reduction
  • Composting

Water

 
  • Capture
  • Conservation/efficiency 

Nature

  • Biodiversity
    • Honeybees
      • 8 hives throughout the city
      • Estimated "adopted" bee population 400K
      • Conducted 7 workshops in 2022 for tenants

  • Nature impact
    • Bird migration
    • Material sourcing 
    • Land displacement
    • Pollution control

Houston Governance

Code of Business Conduct

Code of Business Conduct

Rigorous Third-party Oversight

Rigorous Third-party Oversight

Cybersecurity

Cybersecurity