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Race to Reduce honours GTA’s most energy-efficient buildings

Written by Steve McLean
Published in Property Biz Canada

Participants in CivicAction’s Race to Reduce energy reduction challenge delivered a 7.9 per cent drop in use over three years, and the Greater Toronto Area (GTA) landlords and tenants who produced the best results were honoured at an awards ceremony at the Metro Toronto Convention Centre on Dec. 4.

“CivicAction’s Race to Reduce is one of the largest regional energy challenges in the world,” said CivicAction chief executive officer Sevaun Palvetzian. “The numbers show the desire for action is there and that, if you give people the tools and motivation, they can drive real change in their own businesses and for the Toronto region.”

CivicAction brings together leaders from different sectors to tackle challenges facing the GTA and Hamilton area by building partnerships and taking action through campaigns, programs and organizations to try to transform the region. It equated Race to Reduce’s achieved savings to taking approximately 2,700 cars off the road and putting $7.6 million back into participants’ pockets over three years.

The number of office buildings registered for the race this year increased by 11 per cent to 195. That represents participation of more than 69 million square feet, or more than 42 per cent of the region’s office space.

“The race is a win-win for the commercial office sector because it allows participants to do well by doing good,” said Roger Johnson, TD Bank Group’s senior vice-president of corporate real estate and procurement, and co-chair of CivicAction’s Commercial Building Energy Leadership Council. “Participants are reducing their carbon footprint and improving our air quality while reducing costs over the long term.”

Read the full article here.