Teranet’s Environmental, Social, and Governance (ESG) Perspective

Valuable responsibility for our employees, our customers, and our communities.

Teranet's ESG Objective

Teranet’s initiatives to incorporate environmental, social, and corporate governance criteria into our operating framework reflect our longstanding commitment to our customers, partners, shareholder, employees and the communities we serve.

We believe that ESG is a continuous process of aligning our operations and controls with our values as a company. Our ESG commitments are structured around three key areas relevant to our business: Our Environment, Our People and Communities, and Our Corporate Governance.

Our Environment

We will build sustainability into everything we do by driving positive impacts on the natural environment through our investments, innovation, and operations, including our supply chain and employee community engagement.

With roots in the land business, Teranet has always seen responsible stewardship of the environment as a key driver of our long-term success. We aim to keep this at the heart of everything we do and take environmental impact into consideration for all our decisions.

Areas of Focus

Carbon Footprint

We focus on workspace optimization and reducing our facilities footprint, being located in a LEED Canada Gold building. We support low-carbon transportation by being close to public transit and providing amenities such as bicycle storage and shower facilities.

Waste Management

We have active recycling, organics, and e-waste management programs and implement measures to reduce water consumption. We monitor key energy and waste metrics to ensure sustainability.

Climate Change

We monitor key energy and waste metrics and raise awareness among employees through communications and guest speakers. Our buildings are certified with the BOMA Certificate of Excellence, reflecting our commitment to sustainability.

Social

We will build a better, more inclusive and diverse future for employees, our teams, our businesses and our communities through ongoing education, access to resources and giving back.

We also play a critical role in the real estate and collateral lending ecosystems. In doing so, we manage a broad array of stakeholders and provide services and insights to support key policy initiatives. Through this, we’ve experienced the power that diverse voices and experiences can bring to solving problems. And we’ve seen that prioritizing social responsibilities and creating an inclusive and welcoming workplace, and encouraging others to do the same, can drive value creation and client satisfaction over time.

Areas of Focus

Corporate Social Responsibility

At Teranet, we strive to create lasting, positive impacts while fostering a culture of responsibility and respect both within our organization and in the communities we serve. Our strategy focuses on sustainable practices, ethical governance, and active community engagement through financial support and employee volunteer efforts.

Inclusion & Diversity

At Teranet, we foster an inclusive culture that values diversity, ensuring everyone feels respected and empowered. Our commitment to inclusion and diversity is reflected in our policies, practices, and community engagements. Learn more about Inclusion & Diversity at Teranet.

Click here to read the Inclusion & Diversity Policy

Organizational Culture & Employee Value Proposition (EVP)

Our organizational culture is shaped by our commitment to fostering an environment where employees feel valued, empowered, and engaged. Our Employee Value Proposition (EVP) reflects this by prioritizing a culture that aligns with our core values and meets the evolving needs of our employees.

Pay Equity

At Teranet, we are committed to pay equity, ensuring each employee is recognized and rewarded equitably for their efforts and achievements. We actively promote career development opportunities and merit-based advancements to maintain a balanced and inclusive workplace.

Social Justice

At Teranet, we promote social justice, equity, and inclusion by implementing policies that address systemic inequalities and foster a diverse and respectful workplace. Our initiatives include diversity training programs, support for underrepresented groups, and partnerships with community organizations dedicated to social change.

Health & Safety

Our commitment to employee health, safety, and wellness is central to our operations and company culture. We prioritize well-being through safety protocols, regular training, and maintaining a safe work environment where employees are encouraged to report concerns and participate in safety initiatives.

Click here to read the Health & Safety Policy

Governance

We will continuously pursue and implement strong and effective governance practices consistent with contractual, legal and regulatory expectations and evolving best practices.

In our role as a part of the critical infrastructure for the economy, our governance programs and commitment to best practices in security, organizational conduct and Board effectiveness ensure that our place as a trusted partner to consumers, business and government remains secure.

Areas of Focus

Enterprise Risk Management

Teranet’s enterprise risk management practices set accountabilities for identifying and assessing risk and defining its risk appetite. We promote consistent behavior through guidelines and controls to detect and prevent fraud and irregularities, and conduct investigations when necessary.

Supplier Assessment

Teranet is dedicated to effective information and system security through people, processes, and technology, adhering to Canadian Standards Association data privacy principles. We foster a culture of security, ensuring awareness and compliance with legislative and regulatory requirements.

Whistleblowing

Teranet is committed to ethical business conduct, adhering to international anti-bribery standards. Our Bribery & Corruption policy mandates fair and honest business practices, aligning with the OECD Convention, including risk assessments, compliance controls, training, and a robust reporting system.

Click here to read the Whistleblower Policy

Business Code of Conduct

Teranet upholds ethical and credible relationships with all stakeholders, guided by principles of integrity, excellence, and citizenship. Our Code mandates conduct based on these values, ensuring mutual respect, environmental care, and a commitment to safety and health.

Cybersecurity, Data Protection and Privacy

Bribery & Corruption

Click here to read the Bribery Corruption Policy

Teranet’s ESG Committee

Welcome to Teranet’s ESG Committee, under the leadership of ESG Sponsor Elgin Farewell and ESG Chair Dil Grewal, our committee strives to embed ESG values into every facet of our operations. Program Secretary Shivon Malhotra ensures our initiatives are well-documented and executed efficiently. Our environmental efforts are spearheaded by Principal Kerri Brass and Lead Norman Ho, focusing on sustainable practices. The social pillar, led by Shaun Dell, prioritizes community and employee well-being. Lastly, our governance structure, under Principal Agostino Russo and Lead Jacquie Hawkins, maintains ethical standards and transparent operations.