OTTAWA – Transition planning, historically viewed primarily as an Environment, Social and Governance (ESG) or regulatory compliance exercise, is rapidly being adopted as a core business strategy in commercial real estate, the Canada Green Building Council (CAGBC) reports.
Owners and investors are increasingly using transition plans to guide capital allocation decisions for building retrofits, repositioning, reuse and redevelopment.
“Canada’s commercial real estate industry is increasingly facing transition and physical risks associated with climate change,” says Thomas Mueller, president and CEO of the CAGBC in a statement. “Long-term financial and operational resilience is becoming a primary driver of building portfolio strategy. Professionals who can effectively support transition planning will be best positioned to support owners in managing these emerging risks.”
In response to these growing pressures and complexities, the CAGBC is launching a series of transition planning workshops with support from
Located in Vancouver, Montréal, Toronto and Calgary, the limited series of aim to enhance sector confidence and foster increased collaboration among architects, engineers, sustainability consultants and building owners to implement feasible and actionable
The workshops also align with the CAGBC Carbon Transition Planning Guide, a step-by-step framework for transition planning from CAGBC and RDH.
Other key elements of the workshops include:
- Four-hour in-person scenario-based training to help anticipate what challenges may come up and how to address them with diverse stakeholders and project teams.
- Exploring strategies for integrating climate adaptation and resilience measures into transition plans, ensuring alignment with capital renewal cycles, funding opportunities and certification pathways.
- Reviewing case studies and evolving market drivers and risk factors alongside jurisdictional requirements (such as NECB and performance standards) on project strategy and long-term asset value.
“There have been many opportunities for the industry to learn about building decarbonization and transition planning, but the gap this training fills is the hands-on problem-solving experience, and exposure to different, and potentially conflicting needs and perspectives encountered on real projects,” says Bailey Brown, principal and specialist at RDH. “The Transition Planning Now workshops are designed to ensure participants walk away with a broader network, new tools and more confidence for advising building owners on their transition planning and retrofit strategies.”
Locations and Dates:
- – Simon Fraser University (Downtown Campus)
- , BMO Centre Calgary Exhibition and Stampede,
- , Sheraton Centre
- , Hotel Courtyard Marriott Montreal Centre-Ville
For more information or to register for a workshop visit
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