environment and sustainability
By employing global best practices and made-in-Toronto solutions, the city’s new waterfront communities will protect and enhance our natural environment, and will ultimately establish themselves as models for sustainability.
Waterfront Toronto is committed to making the city’s waterfront an international leader in sustainable development. Our sustainable development approach is guided by a comprehensive Sustainability Framework which was finalized and released in 2005 after undergoing extensive consultation. The goal of the framework is clear: to ensure that sustainability principles are integrated into all facets of waterfront revitalization planning, design, management, operations and decision-making.
The framework also supports and promotes many of the public policies set out in the Government of Canada’s departmental Sustainable Development Strategies 2004-2006, the Government of Ontario’s Smart Growth strategies, and the City of Toronto’s Waterfront Scan and Environmental Improvement Strategy.
Focused on five broad goals, Waterfront Toronto’s framework identifies concrete short-, medium- and long-term actions that lead to remediated brownfields; reduced energy consumption; the construction of green buildings; improved air and water quality; expanded public transit; and diverse, vibrant downtown communities.
corporate social responsibility and sustainability report
With unflagging commitment to bring the vision of a sustainable waterfront to life, Waterfront Toronto created its first Corporate Social Responsibility and Sustainability Report (CSRSR) in 2013 to report on our progress, challenges, and achievements. The CSRSR demonstrates our dedication to transparency and open communication. It also provides stakeholders with a mechanism to understand and evaluate our work. The inaugural report covers the period from the establishment of the corporation in 2001 to December 2012, and will form the basis of future reports. The CSRSR is available as an online microsite.
The CSRSR was prepared using the Global Reporting Initiative (GRI) reporting framework, an independent, widely-used and internationally accepted standard for reporting on sustainability performance. We based our reporting on GRI’s G3.1 Guidelines, Application Level C, as well as the Construction and Real Estate Sector Supplement, which covers key sector-specific issues.
The content of our report is based on a material set of performance measures that align with the three areas of sustainability referred to as the “triple bottom line”: environmental, social, and economic. The triple bottom line embraces an expanded set of standards for measuring success by reporting social and environmental performance, in addition to economic performance.
Our Environment pillar addresses a range of priorities, such as climate change, habitat creation, and energy and water conservation, supporting Waterfront Toronto’s commitment to developing waterfront communities that will be amongst the greenest in the world, delivering a lasting legacy as a model for sustainability.
Our Social theme addresses a range of priorities, such as community and stakeholder satisfaction and engagement, waterfront access and design excellence. Like our commitment to delivering a positive environmental legacy, our social pillar is about putting people first and creating functional, sustainable, and beautiful communities that deliver a high quality of life for all who live, work, play and learn on the waterfront.
Our Economic category speaks to advancing innovation, creating meaningful employment opportunities, and attracting tourism and knowledge-based industries, to give rise to Toronto as a centre of economic growth and creativity, providing lasting and sustainable benefits.
Waterfront Toronto’s Corporate Social Responsibility and Sustainability Report was recognized with the BLOOM 2013 Sustainability Leadership Award and as one of Clean50’s Top 15 Projects for 2014.