race2reduce celebrates first annual CREST awards!
Updated: May 18, 2018
On Wednesday, April 25th, leaders from the Commercial Real Estate Industry were recognized for their efforts in reducing energy consumption at BOMA Toronto’s race2reduce CREST Awards. “BOMA Toronto was extremely pleased to add another mark of industry leadership through the race2reduce CREST Awards (Commercial Real Estate Sustainability Trailblazer)” said Susan Allen, President and CEO of BOMA Toronto. “The value of this program echoes best practices and celebrates industry leadership in sustainability alongside existing programs such as the BOMA BEST, LEED and GRESB.” The BOMA Toronto race2reduce is funded by Toronto Hydro and the Save ON Energy program.
Race2reduce was kicked off on June 6th, 2017, and since this time, over 500 participating buildings and tenant spaces across 40 different organizations, representing nearly 80 million square feet of commercial space in the city of Toronto have committed to compete.
The awards event showcased winners from a group of both landlord and tenants participants who competed to earn best-in-class recognition; success is measured in energy reduction through collaboration, innovation and implementation of best practices in the industry.
About the Award Categories and List of Winners
Energy Management Leadership Award
The Energy Management Leadership Award recognizes those that have demonstrated commitment to improve the energy efficiency and operational best practices in their building. Savings are measured through the Save On Energy program and success is measured by percentage reduction in the energy use intensity from the 2016 baseline.
Innovative Excellence Award
The Innovative Excellence Award recognizes those who have deployed creative and effective approaches, strategies, technologies, etc. to achieve their energy and sustainability objectives. Recipients will have demonstrated that they approached existing or new problems in creative and novel ways, with a measured level of success, paving the way for others in the industry and creating new best practices that others can follow.
The Collaborative Excellence Award honours the spirit of the race, in promoting collaboration between landlords and tenants to achieve mutually beneficial outcomes. Those that receive this award will have demonstrated collaborative efforts to bring together and engage one or more stakeholders around issues pertinent to energy efficiency and sustainability. By working together both landlords and tenants can achieve more than if either group worked alone. Leaders will prove to the industry that engaging and collaborating with stakeholders and creating new conversations can drive real improvements in building performance
2017 CREST AWARD WINNERS