Altus Group's Annual Sustainability Report Overview
TORONTO — Altus Group Limited (“Altus”) (TSX: AIF), a recognized leader in providing asset and fund intelligence for commercial real estate, has unveiled its annual Sustainability Report, reflecting on the strides made in sustainability initiatives during the year 2024.
Camilla Bartosiewicz, Chief Communications Officer at Altus Group, voiced the significance of sustainability, stating, "As we celebrate our 20th anniversary this year, sustainability continues to guide who we are and how we operate. This report showcases the tangible progress we made in 2024 in reducing emissions, investing in our people, and maintaining strong corporate governance." These ongoing efforts are foundational to their identity as a responsible corporate entity and crucial for managing risks while creating long-term value for all stakeholders.
Key Highlights from the 2024 Sustainability Report
The report outlines several significant achievements in sustainability:
Climate Action Initiatives
In 2024, Altus Group successfully reduced its Scope 1 and 2 greenhouse gas emissions by roughly 5%. This was made possible through strategic right-sizing of their office space, leading to a notable 12% decrease in their office footprint. Such measures not only contribute positively to the environment but also illustrate the company's commitment to responsible resource use.
Advancement in Talent Management
Recognizing the importance of its workforce, Altus expanded its people programs aimed at fostering career growth and success among employees. This initiative has received external recognition, establishing Altus as an inclusive, trust-building, and high-performance environment that champions employee wellbeing.
Cybersecurity and Data Responsibility
As part of its continued growth, Altus Group placed emphasis on enhancing its cybersecurity protocols and data standards. These improvements are vital in upholding data responsibility and maintaining stakeholder trust, which is critical in today's digital-centric landscape.
Strengthening Governance
To bolster its governance framework, Altus welcomed new members to its board. These new additions bring diverse perspectives and expertise, ultimately enhancing the board's effectiveness and decision-making processes.
Accessing Altus Group's Sustainability Report
For those interested in delving deeper into Altus Group's 2024 Sustainability Report, it is available for download on their official website. This comprehensive report contains detailed insights and data surrounding the company’s sustainability initiatives and strategies.
About Altus Group
Altus Group stands as a premier provider of asset and fund intelligence for the commercial real estate sector. The company excels in delivering tailored intelligence as a service through a sophisticated platform that integrates advanced technology, insightful analytics, and expert advisory services. Their comprehensive capabilities support commercial real estate investors, developers, lenders, and advisors in managing potential risks and enhancing performance throughout the asset and fund lifecycle. Altus Group operates on a global scale, headquartered in Toronto, with a workforce of approximately 1,900 employees across North America, EMEA, and Asia Pacific.
For more information about Altus Group (TSX: AIF), please explore their website at altusgroup.com.
Contact Information
For further inquiries, please reach out to:
Elizabeth Lambe
Director, Global Communications, Altus Group
1 (416) 641-9787
elizabeth.lambe@altusgroup.com
Frequently Asked Questions
What is the main focus of Altus Group's Sustainability Report?
The Sustainability Report primarily outlines Altus Group's initiatives, achievements, and strategies in sustainability, showcasing their commitment to reducing emissions and enhancing corporate governance.
How did Altus Group reduce its greenhouse gas emissions in 2024?
They achieved a 5% reduction in Scope 1 and 2 greenhouse gas emissions by strategically reducing their office footprint by 12%.
What accolades has Altus Group received for its employee programs?
Altus has garnered external recognition for developing an inclusive, high-trust, and performance-driven culture that promotes career advancement.
How does Altus Group ensure data security?
The company consistently improves its cybersecurity protocols and data standards to maintain high levels of data responsibility and stakeholder trust.
What is Altus Group's mission in the commercial real estate sector?
Altus aims to offer intelligent services that help clients manage risks and improve returns throughout the asset and fund lifecycle, utilizing a blend of technology and expert advisory.
