In July 2022, ICD Brookfield Place joined the World Green Building
Council’s (WGBC) Net Zero Carbon Buildings Commitment, with
a clear goal to achieve net zero operating emissions by 2030
for all areas under our direct control. This entails the complete
elimination of Scope 1 and Scope 2 emissions. Looking beyond
direct control, we actively advocate for Scope 3 emission
reductions, recognising that these emissions must be addressed
to achieve a truly net zero carbon future.ICD Brookfield Place
reports on Scope 1, Scope 2, and relevant Scope 3 emissions
in accordance with Greenhouse Gas (GHG) Protocol standards,
ensuring accurate & transparent emissions accounting. Below is a
breakdown of our reporting categories:
Direct GHG emissions from
sources we own or control
Indirect GHG Emissions from Purchased Energy
Other Indirect GHG Emissions
Our commitment is to achieve net zero
operating emissions in building areas under
direct control. This specifically includes
energy emissions from landlord-managed areas,
encompassing Scope 1 (on-site energy use) and
Scope 2 (purchased energy). These represent
the operating emissions we control.
Beyond these, we address all remaining
emissions within our boundary, which
constitute Scope 3 emissions. The main
contributors to these are outside our control
but within our influence (tenant operations and
supply chain impacts). These represent the
emissions we influence.
For these emissions, we adopt a reduction-first, outcomes-based
approach, focusing on tangible and measurable progress. Our
strategy prioritises:
For residual emissions, we may consider high-quality carbon offsets only
after all feasible reduction measures have been fully exhausted, ensuring
that offsets are a last step toward full decarbonisation.
For Scope 3 emissions, we focus on driving meaningful reductions
through collaboration across the building value chain and beyond.
We understand the power of influence, our ability to catalyse action, and
the critical role of advocacy in driving change. Our approach focuses on
fostering partnerships with tenants and suppliers to ensure alignment with
our shared goals. By bringing them on board, we aim to amplify our impact
and support the broader transformation of the industry.
ICD Brookfield Place has a clear, phased
roadmap to achieve its net zero emissions goal:
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