eSG PUBLIC COMMITMENT AND OBJECTIVES 2025 R1
Northam Realty Advisors Limited acknowledges that Environmental, Social, and Governance (ESG) leadership is a key component of responsible property management and long-term value creation. As fiduciaries, we take a conservative and disciplined approach to ESG integration—one that safeguards investor capital, responds to evolving market expectations, and supports asset performance. We approach ESG integration with prudence, discipline, and a commitment to measurable outcomes. Northam is committed to applying ESG principles in a results-driven manner that enhances portfolio performance, mitigates risk, and aligns with our core mandate of capital preservation and responsible growth.
Environmental Stewardship
Objective: Advance cost-effective, market-responsive environmental initiatives that reduce operational risk, support decarbonization, and maintain competitive asset value.
We focus on energy and water efficiency upgrades with proven ROI, support retrofitting initiatives eligible for government incentives, and ensure our assets are prepared for climate-related impacts. This approach prioritizes data-driven decisions and incremental improvements that deliver both environmental and financial returns. We actively pursue sustainability certifications (e.g., LEED, BOMA BEST), energy and water efficiency programs, and carbon reduction strategies in alignment with Canada’s Net Zero goals. Through responsible resource management, green building practices, and tenant engagement, we aim to drive measurable environmental improvements portfolio-wide.
Sustainability measures are implemented that are financially prudent and technically feasible, ensuring that all environmental investments are aligned with lifecycle cost benefits and long-term asset value preservation while considering market conditions. Our initiatives include:
Targeted decarbonization strategies: Pursue phased, data-informed decarbonization initiatives across our portfolio, prioritizing assets where energy efficiency, emissions reduction, and market value intersect.
Energy optimization & retrofits: Undertake HVAC and lighting upgrades, building automation enhancements, and envelope improvements—focusing on assets with clear ROI and tenant impact potential.
Carbon benchmarking & disclosure: We track and report greenhouse gas (GHG) emissions where feasible and align our disclosures with relevant market frameworks (e.g., Energy Star Portfolio Manager, TCFD, GRESB).
Alignment with market demands: Regulatory developments, investor preferences, and tenant expectations are monitored to ensure our decarbonization path supports asset competitiveness and avoids stranded asset risk.
All initiatives are subject to feasibility assessments and capital planning protocols to ensure risk-managed deployment of ESG capital
Social Responsibility
Objective: Maintain safe, inclusive, and professionally managed environments that support tenant retention, employee engagement, and community trust. Prioritize health, safety, diversity, equity, and inclusion (DEI) in the workplace and across our managed properties. We foster respectful, inclusive environments for our tenants, employees, vendors, and partners. Northam supports local economic development and contribute to community-based initiatives that strengthen social resilience. Our social priorities are guided by practical outcomes and operational excellence.
Maintain high standards for occupational health and safety, accessibility, and regulatory compliance.
Foster inclusive workplaces and support ongoing employee training and professional development.
Offer tenant engagement programs (e.g., sustainability awareness, health & wellness initiatives) that foster a sense of community.
Partner with local organizations and municipal programs to contribute to neighbourhood development and safety.
Promote inclusive access and barrier-free design in line with Ontario’s Accessibility for Ontarians with Disabilities Act (AODA);
Our social investments are guided by practical benefits—stronger tenant loyalty, positive brand reputation, and operational continuity.
Governance Excellence
Objective: Uphold a governance framework that ensures compliance, transparency, and fiduciary duty to clients and investors.
ESG oversight is embedded within our leadership structure. We align with select global standards (e.g., GRESB, TCFD) to ensure material ESG risks and opportunities are identified, assessed, and disclosed in a consistent and responsible manner. Investment decisions are guided by disciplined underwriting that accounts for ESG-related operational risks and value preservation.
ESG Principles Aligned with Fiduciary Responsibility
Protect asset value by proactively managing environmental liabilities, regulatory exposure, and operational inefficiencies.
Enhance financial performance by integrating ESG considerations into asset management, maintenance planning, and capital allocation.
Mitigate reputational and compliance risk through clear policies, employee training, and ethical business conduct.
Respond to investor expectations by incorporating ESG into reporting and governance structures, without compromising our fiduciary responsibility to deliver risk-adjusted returns.
Our approach balances environmental and social progress with risk mitigation, regulatory awareness, and capital discipline.
Our Ongoing Commitment
We commit to ongoing ESG performance evaluation, using a conservative and evidence-based approach to improve sustainability while preserving capital and managing risk. ESG initiatives are selected based on materiality, feasibility, and alignment with our business objectives.
Northam continuously assesses and evolves ESG policies and practices in response to emerging risks, regulatory developments, and stakeholder expectations.