|Race To Reduce Launches Peel Region Smart Energy Office Challenge|
Close to 5 million sq. ft. already pledged in Peel to reduce energy use by 10 per cent
Toronto, Ontario, 05-08-2012 - On May 28, Peel Region real estate executives will join CivicAction and the region?s political leaders to formally launch the Race to Reduce smart energy office challenge, which aims to reduce office energy consumption by at least 10% by the end of 2014. The event will take place from 5:00 ? 7:00 pm as part of the 2012 Energy Matters Summit at the Toronto Congress Centre.
In addition to networking opportunities with senior building owners, managers, and tenants, attendees will hear from Regional Chair of Peel Emil Kolb, Mayor Hazel McCallion, Mayor Marolyn Morrison and Mayor Susan Fennell, and the volunteer Co-Chairs of the CivicAction initiative Linda Mantia, Head, Enterprise Services and Chief Procurement Officer at RBC and Michael Thornburrow, Senior Vice-President of Corporate Real Estate and Strategic Sourcing at BMO Financial Group. Award winning author, speaker, and presenter Alex Steffen will deliver the plenary keynote address at 3:30pm prior to the event launch at 5:00pm. Race to Reduce launch guests, registrants, and media are also invited to attend Mr. Steffen?s address.
As the Toronto region Race nears its first anniversary, Peel already boasts 58 office building landlord and tenant participants - representing over 4.6 million square feet of office space - and this event aims to boost those numbers significantly. Attendees will learn more about the challenge and how it can help green their bottom line.
The Race to Reduce was launched by CivicAction and its Leadership Council of the region?s major office building landlords and tenants on May 19, 2011 as a way to inspire collaboration to reduce operating costs and carbon emissions while improving the quality of the air we breathe. (Office buildings account for close to 20 per cent of the Greater Toronto Area?s carbon emissions, 37 per cent of its electricity use, and 17 per cent of its natural gas use.) The goal of the four-year program is for landlords and tenants to work together to collectively reduce the total energy use in participating office buildings by at least 10%.
Unprecedented Success and Collaboration in Year One
In Year One, 30+ major landlords and 400+ tenants have registered 136 buildings representing 58 million square feet of office space ? over 28% per cent of the Toronto region?s office building space. The Peel Region includes Canada?s fifth largest office market in Mississauga, and represents a key opportunity to add to the square footage already registered. Current Peel region participants include tenants RBC, Air Canada, and landlords Bentall Kennedy, GWL Realty Advisors, and Morguard.
The Race to Reduce is open to all sizes of office building landlords and tenants in the Toronto region, and participants may join at any time.
The Race to Reduce is a project of CivicAction?s Greening Greater Toronto and is grateful for the support provided to the Race to Reduce by program sponsors Enbridge Gas Distribution, Toronto Hydro, Cadillac Fairview, Manulife Financial, Oxford Properties Group, CBRE, BLCJ, and Canadian Property Management Magazine.