Colliers Project Leaders, the project management branch of parent-company Colliers International, recently released their Sustainability Impact Report, which introduces a bold way of thinking about corporate sustainability reporting that goes beyond a traditional exclusive focus on internal operations.
When it came to producing a sustainability report, Colliers Project Leaders elected to take a step back and evaluate exactly where their material (that is, significant or important) sustainability impacts reside. Although they knew they wanted to track their internal paper use, the greenhouse gas footprint of their own offices, and other impacts of their operations, they realized that this would omit two important spheres of sustainability influence in which they operate.
Colliers Project Leaders’ main innovation is to acknowledge that they share responsibility for the ultimate sustainability impacts of their projects.
A materiality assessment they conducted revealed that, in terms of the importance to both their stakeholders and to their company, they had to take a good look not only at the company’s sustainability impacts in terms of their operations, but also sustainability as it relates to both their people, and the projects that they manage (see below). Thus, they reported upon sustainability in three categories: “Our Operations,” including governance, environmental footprint, and community contributions, “Our People,” including safety, health, wellness, and opportunities for professional development and volunteerism, and “Our Projects,” including client satisfaction, sustainability in their processes, community and user impacts, and ultimately advocacy for the future of sustainable building.
Colliers Project Leaders’ main innovation is to acknowledge that they share responsibility for the ultimate sustainability impacts of their projects. As a project management firm that manages hundreds of large capital projects each year, Colliers Project Leaders recognizes that they are in the position to help their clients see the benefits of working in line with circular economy principles throughout the process, from design and procurement, to execution, and of ensuring that community members and end-users are appropriately consulted so that projects are carried out to benefit stakeholders to the maximum extent.
Although Colliers Project Leaders does not have all of the data or all of the answers just yet, they have committed to advocating for an environmentally and socially regenerative economy through the building projects they manage – and we think that sets them up for leadership and success.