QuadReal has committed to reducing the carbon footprint of our Canadian operations by 80% by 2050, this includes all greenhouse gas (GHG) emissions, measured in kilograms of carbon dioxide equivalent (CO2e). Buildings are a significant emitter of GHGs, accounting for over 20% of GHG emissions globally, primarily from their use of utilities such as electricity, natural gas, water, and waste. This graph shows the performance of Panarama Tower and our targets over the years to come.
Energy consumption accounts for the vast majority of a buildings overall carbon footprint. It is our mandate to identify opportunities to implement energy efficiency measures and operational best practices to achieve our carbon reduction goals. We benchmark our performance, measured in kilowatt hours (ekWh) per square foot, against the most recent US national average, as Canadas benchmark is being developed by Natural Resources Canada (NRCan). This graph shows the performance of Panarama Tower relative to the US average.
Water is a limited and priceless resource that we must work to protect. For us, this includes reducing our water consumption where possible. As Canada has no available standard data for water usage, we compare our usage in this building against the most recent US national average. This allows us to benchmark our performance and strive for continuous improvement. This graph shows the performance of Panarama Tower relative to the US average.
Panarama Tower is also BOMA BEST Bronze. To be certified, Panarama Tower has to meet operational best practices around energy, water, and waste among other requirements. To learn more about QuadReal's certifications, visit quadreal.com/sustainability. For more information about the BOMA BEST certification, visit the BOMA website at bomacanada.ca/bomabest.