Commercial, GHG Emissions  -  November 3, 2021

The Dream Group Releases Collective Net Zero Ambition

The Dream group of companies announced Nov. 1 at the COP26 conference that they intend to become net zero by 2050 in line with the global 1.5 degrees Celsius target.

The Dream group is the name designated to the organization of Dream Unlimited Corp., Dream Office REIT, Dream Impact Trust and Dream Industrial REIT, which have together joined the Net Zero Asset Managers initiative. The initiative includes international large asset managers that have collectively committed to setting targets and disclosing progress toward a net-zero goal.

“We are excited to be joining this group of global leaders and committing to net zero by 2050,” Michael Cooper, chief responsible officer for Dream Unlimited Corp., said in a statement. “With our net zero communities in Ottawa and Colorado, we have already started this journey and we are going to challenge ourselves to do more. We want our investors, tenants and various stakeholders to know that Dream is working to contribute to the future solutions that are needed.”

In alignment with the requirements of the initiative, the Dream group of companies will annually disclose their adherence to the six UN PRI responsible investment principles and will release a sustainability report before the end of the year further outlining climate commitments.