ESGI
At Hungerford Properties, Environmental Social Governance (“ESG”) is an integral part of our company culture. At Hungerford we refer to ESG as ESGI. The “I” in ESGI represents a weighted importance on “Indigenous” as Hungerford is Indigenous owned. Michael and Andrew Hungerford are by heritage Gwich’in and see immense opportunity to create meaningful projects that improve neighbourhoods, create jobs and provide economic and social benefits for Indigenous communities.
Our intention is to make continuous improvements over time with the goal of becoming an industry leader in ESGI practices. We continuously seek ways to integrate sustainability into our business practice and across our real estate portfolio. This has allowed us to grow responsibly and deliver value to both our stakeholders and environment.
Hungerford Properties values align with ESG principles including the UN's 17 Sustainable Development Goals (“SDGs”) and the Ten Principles of the United Nations’ Global Compact. Hungerford Properties ESGI Policy incorporates the Principles for Responsible Investment (UN PRI). Hungerford Properties also supports the United Nations Declaration on the Rights of Indigenous Peoples and the Truth and Reconciliation Commission’s Call to Action #92.
Our Objectives
- Engage in Benchmarking with our Peers.
- Be More Deliberate in Environmental and Social Aspects of Projects.
- Be Mindful of Social Equity, Diversity, Inclusions Issues Corporately and With Those We Work With.
- Stay Committed to and Invest in Good Governance.
Leadership Commitments
2021 COMMITMENTS ACHIEVED
- Participated in the 2021 GRESB Benchmark for HPWC Fund II
- Respectful Workplace Workshop Delivered
- Introductory Indigenous Training Delivered
- Conducted Annual Employee Engagement Survey
- Established ESGI Committee and Senior Decision Maker
- Formalized and updated ESGI Policies across the organization
2022 COMMITMENTS IN PROGRESS
- Participate in the 2022 GRESB Benchmark for HPWC Fund II
- Conduct Annual Employee Engagement Survey
- Implement Paid Volunteer Time Target of 200 total hours
- Unconscious Bias Training
- Establish Flexible Workplace Hybrid Policy
- Identify and Deliver Environmental Training
- Establish and Track Diversity and Inclusion Metrics.
- Incorporate ESGI Goals within 2023 Annual Business Planning.
- Enhance Corporate Office recycling/waste/paperless protocols
