With a focus on sustainability, a commitment to excellence, and drive for relentless innovation in the planning, development, and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up. We’re proud of what we’ve already achieved, but for us, this is just the beginning — because we believe building a better tomorrow begins with us, today.
At its core, our business is about building community, and that is reflected in our environmental, social, and governance (ESG) mission: to build a better world for people, business, community, and the planet.
We are driven by the fact that it is not just a solitary initiative but is woven into everything we do — from the tenants and community partners we choose to work with to how we develop our properties and conduct our corporate business.
NET-ZERO
by 2050
Our ESG Goals
We are proud to share our ESG goals, setting out our new, forward-looking ambitions related to all four pillars of our mission. These unwavering beliefs provide the foundation for the goals we set and support the actions we take.
We create efficient, resilient, and future-fit properties for our communities, employees, and tenants.
Decarbonization
Reduce scope 1 and 2 greenhouse gas (GHG) emissions by 50% by 2030, to achieve net-zero emissions by 2050.
Engage our stakeholders to support scope 3 GHG emissions reductions.
Water
Achieve a 10% reduction in water use. Reductions are measured against a 2019 baseline.
Waste
Completed 55% diversion from landfill.
Lead on Sustainable Solutions
Partner for Thriving Communities
Empower Our People
Promote Trust Through Governance
We’re honored to collaborate with our local partners across the country to create vibrant, sustainable communities.
Community
Every retail property will establish and host a signature event every year.
Nationally expand two signature events to multiple locations across the portfolio.
Safety
Achieve a 90% average participation rate in life safety principals assessment.
Attain a 10% improvement in the recordable injury rate.
We lead with inclusivity, embracing our diverse culture and empowering our employees through our four core values: Act With Integrity, Take Initiative, Build Mutual Trust, and Win Together.
Diversity & Inclusion
We commit to establishing a D&I strategy and quantifiable goals across our talent acquisition processes.
Employee participation
Achieve a 30% employee participation rate in giving-back efforts.*
*The employee participation rate is the percentage of employees who have volunteered and/or donated in a year.
Our Highlights
U.S. Retail is leading
on sustainability
#1
Brookfield Properties U.S. retail portfolio was awarded first place in our peer group (USA, Retail Centers) and received Sector Leader status (Regional Non-Listed Sector Leader, Americas Retail) for outstanding performance by global sustainability authority GRESB in its latest assessment.
1,800 local community events
We support our local communities by partnering with schools and local community groups, hosting over 1,800 local events annually, and developing signature events like the Heart Gallery Adoption event, Pink Bag distribution for Breast Cancer Awareness Month and hundreds of blood drives.
65+ new stores
Our Partner to Empower program supports business owners of color in opening brick-and-mortar stores in our retail centers. Since 2023, 260+ businesses have joined the program, completing 280+ hours of retail workshops and leading to 65+ store openings. This program empowers entrepreneurs across the country to grow their businesses.
We have made some great strides and intend to keep pushing forward in search of more positive impacts we can make — on our people, our business, our communities, and our planet.
We are committed to maintaining the highest ethical and legal standards. We manage risk and leverage opportunities to build a sustainable, successful business.
Transparency
We commit to publicly report progress against our ESG goals.
We will track and report GHG emissions consistent with GHG protocol.
55M+ kWh of renewable energy
Our commitment to sustainability has been part of our plan for decades with 50 of our U.S. retail properties generating 55M+ kWh of renewable energy in 2023 through our many investments in solar.
Tesla Megapack 2
system
We recently installed a Tesla Megapack 2, a battery electric storage system (BESS) at Willowbrook Mall, NJ to capture solar power during daylight hours to dispatch after sunset.
