Taking care of our employees, customers,
business partners and the environment as we execute our business
plan
OTTAWA,
ON, July 17, 2024 /CNW/ - Minto Group
("Minto") today announced the release of More with Minto, its annual environmental, social
and governance ("ESG") impact report. This is Minto's 15th ESG impact report and
highlights its ESG related initiatives and accomplishments in
2023.
"As we reflect on our 69-year operating history, it is clear
that we are not just constructing buildings; we are creating
communities and a legacy that will endure," said Michael Waters, Chief Executive Officer of Minto
Group. "In 2023, we celebrated a significant milestone with the
construction and delivery of our 100,000th home."
"Our commitment to people and the planet is foundational to what
we do, and we are proud to be recognized by Deloitte as one of
Canada's Best Managed Companies.
This achievement reflects our ongoing efforts, not just in the past
year, but throughout the years leading up to it," added Mr.
Waters.
Over the last seven decades, Minto has stood out in the real estate
development industry for its efforts in sustainability. Among its
many accomplishments, Minto built
Canada's first LEED-certified
high-rise condominium as well as one of its first net zero energy
inspiration homes. And Minto has a longstanding commitment to
accountability and transparency through annual reporting.
Highlights from the 2023 More with Minto - ESG Impact Report
include:
- Our investments in building a more resilient
business: Minto is
safeguarding its future by investing in effective governance,
ethical practices, and solid infrastructure. The company is proud
of its majority independent board, the success of its second
diversity, equity, and inclusion survey, which earned an inclusion
score 9.8% above the industry average (measuring comprehensive
diversity, equity, inclusion, and engagement), and its ongoing
efforts to ensure transparency and embed ESG principles into all
aspects of its operations.
- Making a positive impact on the community:
Minto recognizes its
responsibility to the people whose lives it touches as an employer,
homebuilder, and rental housing provider. Over the past 11 years,
employees have raised $1.5 million
for charity. The 23rd annual Minto Dream Home for the Children's
Hospital of Eastern Ontario (CHEO)
charity is a proud tradition, and Mentorship @ Minto was implemented this year as one of many
programs offered to enhance the employee experience.
- Helping Canadians find attainable housing. Rising
construction costs and rapid population growth have made housing
affordability challenging for many. Minto is helping people find their homes by
creating more attainable entry-level homes, adding
multi-generational living spaces to larger homes, and contributing
to the supply of affordable rental housing options.
- Environmental responsibility: As a significant player in
a resource-intensive industry, Minto understands that every action it takes
impacts the environment. Minto
strives to be a responsible steward of the environment by
minimizing waste, consuming less water and energy, lowering
emissions, and investing in innovation. Minto is building homes that exceed energy
efficiency requirements set out by municipal building codes and has
reduced greenhouse gas emissions in its residential rental
portfolio by 14% compared to its 2019 baseline putting it on the
path to achieving our net-zero carbon goals.
- Forging a new frontier with wellness-focused new homes,
rentals and workplaces. Minto
made news in 2023 when it became the first builder in Canada to roll out the WELL for residential
program, a pioneering people-centered standard for the built
environment. Several of Minto's
properties have also received Fitwel certification, a similar
standard for buildings that support the health and wellbeing of
their occupants and communities.
This year, More with Minto, is interactive with some of its
content available online. Visit www.minto.com/progress for details
on progress in 2023, as well as case studies, people profiles,
videos, and much more.
About Minto
Minto is one of the premier
real estate firms in Canada with a
fully integrated real estate investment, development and management
platform. Since its inception in 1955, Minto has built more than 100,000 new homes,
and continues to own and manage residential and commercial rental
properties. With more than 1,300 full-time employees in
Canada and the United States, Minto's expertise spans the full spectrum of
real estate investment disciplines. Minto has been recognized by Deloitte as one
of Canada's Best Managed
Companies.
SOURCE Minto Communities Management Inc.