TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:âAP.UNâ) announced today that it has published its Inaugural Environmental, Sustainability and Governance (ESG) Report (the âReportâ) on the home page of its website at www.alliedreit.com. Allied made a commitment to submit formally to independent scrutiny in regard to ESG by 2020. An important step in fulfilling this commitment was to obtain a GRESB (formerly Global Real Estate Sustainability Benchmark) Assessment for 2019, which was published by GRESB on November 24, 2020. Allied received a score of 64, which was recognized by GRESB as a âstrong first-year showingâ. Allied intends to obtain a GRESB Assessment and to provide an ESG Report on an annual basis.
âOur Inaugural ESG Report identifies both strengths and opportunities for improvement at Allied,â said Michael Emory, President and CEO. âWhatâs most important is that the report will assist the Board and Management in establishing rational priorities going forward and will provide benchmarks for measuring improvement over time.â
Allied is a leading owner, manager and developer of (i) distinctive urban workspace in Canadaâs major cities and (ii) network-dense urban data centres in Toronto that form Canadaâs hub for global connectivity. Alliedâs business is providing knowledge-based organizations with distinctive urban environments for creativity and connectivity.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael R. Emory
President & Chief Executive Officer
Thomas G. Burns
Executive Vice President & Chief Operating Officer
Cecilia C. Williams
Executive Vice President & Chief Financial Officer