ESG Initiatives and Development Overview
5.0 ESG ROADMAP (2020-2024)
Environment
Social
Governance
Establish near-term and
long-term GHG reduction
targets, with the goal of net-
zero emissions by 2050, or
sooner
• Target a 50% average waste
diversion rate by December
31, 2023
Install electric vehicle
charging stations at all
properties by December 31,
2024
•Launch the FCR Thriving
Neighbourhoods
Foundation, with focus on 4
pillars: Food
Insecurity/Poverty, Mental
Health, Social Justice and
Youth (achieved)
• Develop and implement a
Retail Tenant Guide to
Sustainable Operation
(achieved)
• Strive to be in the Top 100
Employers ranking annually
• Align disclosures with the
Task Force on Climate-
related Financial Disclosures
(TCFD) recommendations
• Participate in sustainable
financing opportunities
(achieved)
•Assign a Board Trustee as
responsible for ESG strategy
oversight (achieved)
• Employ ESG Taskforce to
embed ESG Roadmap in
business planning, monitor
progress and assign
accountability (achieved)
First Capital
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