Firm-wide ESG dedication reflected in steady scores and continued leadership in Canadian peer group
2025 GRESB Results at a Glance
Score: 88
Canadian Core Diversified Peer Group: 4th of 17
Americas Diversified Category: 8th of 109
Stars: 4
QuadReal Property Group (“QuadReal”) has once again earned a leading ranking in the GRESB Real Estate Assessment, an internationally recognized framework used by investors to evaluate the sustainability performance of assets. This marks the sixth consecutive year that QuadReal’s diversified portfolio across office, industrial, retail, and residential assets has outperformed benchmark averages.
“Even as benchmarks shift and markets evolve, QuadReal remains steadily committed to ESG transparency and action,” said Nisha Agrawal, Vice President, Sustainability at QuadReal. “With a firm-wide dedication to integrating ESG practices across our core activities, our results reflect a long-term approach to sustainability that is consistent, resilient, and enduring.”
The 2025 results build on QuadReal’s previous GRESB successes and highlight the company’s ongoing progress towards its ESG goals, including a 50 per cent carbon reduction across its directly managed Canadian operations by 2030 and achieving net-zero emissions globally by 2050 for its directly managed portfolio.
Sustainability Highlights
- Smart Technology for Efficiency: Integrating advanced building automation and controls that reduce energy use, lower emissions, and create more resilient, sustainable buildings.
- Green Building Certifications: Over 95% of QuadReal’s Canadian portfolio is green-certified, demonstrating commitment to high-performing, sustainable properties.
- Health and Wellness: More than 80% of QuadReal’s Canadian multi-tenanted office portfolio is Fitwel certified, and over 90% of its multi-family residential portfolio has been benchmarked to Fitwel.
- Net Zero Technology Committee: Piloting and evaluating innovations that support QuadReal’s net-zero capital planning initiatives.
About GRESB
GRESB assesses and benchmarks the ESG performance of more than USD 7 trillion of assets worldwide. These assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of asset investments and are aligned with international reporting frameworks, goals, and emerging regulations.
GRESB 2025 Results – Quick Facts
What is GRESB?
GRESB is an internationally recognized benchmark that evaluates the environmental, social, and governance (ESG) performance of real estate portfolios worldwide.
How did QuadReal perform in 2025?
QuadReal earned a score of 88, ranking 4th of 17 in the Canadian Core Diversified peer group and 8th of 109 in the Americas Diversified category.
How does this compare to previous years?
QuadReal’s score of 88 and its Canadian ranking (4th of 17) remained steady compared to 2024. Within the broader Americas Diversified category, QuadReal placed 8th of 109, similar to last year’s 7th of 112.
Why is this important?
GRESB provides a transparent benchmark that investors use to compare ESG performance across the global real estate industry. QuadReal’s steady results demonstrate consistency and accountability against these standards.
