Investing in communities
Have a meaningful and sustainable impact on communities
Our properties contribute to local vitality, and the direct and indirect benefits of our activities drive prosperity and enhance societal well-being. We also foster the engagement of our employees and support non-profit organizations, with the goal of having a lasting and significant impact on the communities we serve.
Contribute to community prosperity and well-being
In addition to caring about the current and future needs of the users of our living spaces, we are a leading economic player, investing with conviction in the life of the communities where we operate.
$286M
purchases from local suppliers (Quebec)
82,000
indirect job created
(As at December 31, 2019)
$227M
wages and benefits
$207M
property taxes
As at December 31, 2020
Support organizations in our communities
Making a positive impact by giving back to our communities is in line with our corporate values. We are committed to reinvesting in the community by supporting a number of not-for-profit organizations where we are present, based on a donation and sponsorship policy.
$1,8M
in contributions to the community
$500,000
donated to the United Way
In 2020
StuyTown’s Good Neighbors, Stuyvesant Town/Peter Cooper Village, New York, United States
Supporting employee engagement
It is also important for us to give our employees the opportunity to be involved personally in causes they take to heart. Investing in an internal mobility program and encouraging employees to get involved in causes that are near and dear to their heart are two of the ways we achieve this objective.
In 2020, most of our volunteering activities were put on hold because of the pandemic. We remained present in the community in converting the volunteering hours of our employees into more than $50,000 donations to charities to support their initiatives.
$30,000
of matching donations made to organizations chosen by employees
In 2020
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Sustainable finance
Our commitment to corporate social responsibility (CSR) also extends to the financing of our operations.