Fiera Properties' asset management team oversees ESG management in post-investment activities, including property ESG performance, developments, renovations and capital upgrades and engagement with third-party property managers and other property stakeholders. Fiera considers ESG in budgeting, capital planning and development planning on a case by case basis and are, in some cases, aided by the use of ESG checklists.
Fiera Properties' asset managers work with and monitor property managers’ implementation of ESG best practices. This includes energy, water and waste management, occupier engagement, community engagement, renewable energy, and indoor environmental quality. Fiera Properties monitors property sustainability practices through quarterly and annual reporting. Sustainability data is used for performance management, supporting investor reporting mandates and participating in benchmarking such as GRESB.