Today, Waterfront Toronto released its 2015-2017 Corporate Social Responsibility and Sustainability Report. This update to the previous report highlights the progress that we have made in achieving economic, social and environmental goals, along with many of our future targets.
This report demonstrates how we’re laying strong foundations for Toronto’s long-term well-being, with positive impacts extending far beyond our waterfront neighbourhoods where new buildings, parks and amenities are taking shape. From flood protection infrastructure to leading-edge green building projects and design excellence, we’re doing innovative work that will enhance the prosperity, sustainability and resiliency of Toronto.
Some of our accomplishments from the report include:
- Eleven LEED® Gold Certified buildings completed and 13 additional buildings registered to achieve LEED® GOLD or LEED® Platinum Certification.
- In 2017, we received $1.25 billion in funding from our government partners to begin flood protecting the Port Lands. This important work will not only unlock land for development, but also enhance the surrounding natural ecology and improve the resiliency of the city;
- Launching a Resiliency and Innovation Framework for Sustainability that sets the bar even higher for sustainable development on the waterfront in the years ahead;
- Generating $4.1 billion in economic output for the Canadian economy and $848 million in revenue to government;
- More than 35 kilometres of critical infrastructure completed, including roads, new watermains, sanitary and stormwater sewers;
- More than 13 kilometres of trails and promenades created in key areas along the waterfront;
- More than 15,000 stakeholders have been directly engaged in waterfront revitalization through consultation; and
- Earned more than 90 awards for design excellence in categories ranging from sustainability to neighbourhood development.
This report covers the impact over our entire history, since we began our work in 2001 through to March 2017, and it adheres to the Global Reporting Initiative (GRI) framework. The GRI is an international, non-profit, independent standards organization that lays out criteria and measurement frameworks that support organizations in making rigorous, comprehensive statements about their performance on sustainability and other forms of corporate responsibility.
We have designed this report to comply with GRI reporting principles by consulting with communities, government stakeholders, development partners and others to ensure that we understand the topics they care about; reporting on our impact in a way that reflects the wider context of sustainability; reporting in an open and transparent way that is meaningful to our stakeholders; and giving a comprehensive picture of the difference we’ve made.
You can view the published 2015-2017 Corporate Social Responsibility and Sustainability Report here.
About Waterfront Toronto
The Governments of Canada and Ontario and the City of Toronto created Waterfront Toronto to oversee and lead the renewal of Toronto's waterfront. Public accessibility, design excellence, sustainable development, economic development and fiscal sustainability are the key drivers of the waterfront revitalization. Toronto's new waterfront communities will use technology to enhance quality of life and create economic opportunity for the citizens of Toronto, helping to keep the city competitive with major urban centres around the world for business, jobs and talent.
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