Overview
Overview - 2024 ESG Report
Overview
2024 ESG Highlights
Environmental
- Building Certifications: Surpassed our goal by certifying over 50% of our apartment portfolio with a green building health and operating certification
- Renewable Energy: Installed solar photovoltaic (PV) panels at 5 additional buildings, including our first virtual net metering project
- Energy Efficiency: Invested $6.8 million in energy efficiency projects
- Tenant Engagement: Launched a tenant sustainability guide
Social
- Affordability: Contributed $3.6 million in affordability assistance
- Giving: Donated $419k to our communities, including a new funding partnership with the Dartmouth General Hospital Foundation
- Employee Engagement: Offered ESG training to 94% of Killam employees
- Diversity and Inclusion: Received recognition as an “Employer of Diversity” by Atlantic Business Magazine and an “Inclusive Workplace” by Best Companies Group
Governance
- Transparency: Ranked #1 in GRESB’s North American Residential Public Disclosure Report
- Risk Management: Partnered with our insurance provider to complete 30 risk assessments to strengthen our loss prevention program
- Responsible Leadership: Named one of “Canada’s Most Responsible Companies” by Newsweek and featured on Sustainalytics’ ESG Top-Rated Companies List
- Cybersecurity: Implemented a new endpoint protection program designed to centralize threat data collection
Overview
ESG Strategy
At Killam, sustainability is integrated into all areas of our corporate strategy, including the acquisition, development, and operation of our sustainable residential buildings in Canada. Guided by our Sustainability Policy, which is reviewed annually by our Senior Management Team, we recognize the significance of ESG initiatives and the long-term value they provide to our stakeholders. Our ESG strategy is grounded in the following commitments:
Environmental
To promote better environmental health by focusing on projects that reduce our energy consumption, enhance our water and waste management practices, and lower our greenhouse gas (GHG) emissions. We aim to support all the sustainable real estate practices recommended in Canada, continuously improving the environmental performance of our portfolio.
Social
To prioritize resident satisfaction, employee engagement, and community well-being by supporting initiatives that create vibrant and inclusive environments, provide ongoing growth opportunities for our teams, and foster strong community connections.
Governance
To provide strong oversight of management activities that ensure ethical business conduct, effective risk management, and accurate disclosure of all material information to the public. As an eco-friendly REIT in Canada, we are dedicated to operating with integrity while creating long-term value for our stakeholders.
Overview
Tenant Sustainability Guide
Tenant Sustainability Guide
As part of Killam's commitment to sustainability, we have prepared this guide to support our tenants in reducing their environmental impact
Download the guide (PDF)