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Polaris Realty is a 40 year old commercial property management company with a portfolio of 13 properties located in Quebec, British Columbia, and Ontario. All of their buildings have been recognized as BOMA BESt and LEED EB, a voluntary environmental certification standard for buildings, and their AXA Place in Vancouver won the BOMA Earth Award in 2010.

In 2010, Polaris began working with e3 Solutions for the purpose of measuring and benchmarking the environmental performance of their properties. e3 performed carbon audits on their facilities by collecting and analyzing data from 2007 until 2010. Polaris is now able to manage its own carbon emissions by using e3’s Carbon Accounting Tool, e3CAT.

e3’s report on Polaris identified the following key achievements of the company’s reduction strategy.

100% of employees submitted commuting information, an extremely high response
By 2009, emissions had dropped by 76 tonnes, compared to 2007

All properties participated in the carbon footprint exercise, including those in Ontario, British Columbia, and Quebec

Polaris plans on establishing a building efficiency program for all its tenants

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VANCOUVER – March 25, 2010 – Canada’s first comprehensive national report on the cleantech sector was released today at Globe 2010. Based on input from over 160 cleantech companies, the 2010 SDTC Cleantech Growth & Go-to-Market Reportfound that the cleantech sector is on the cusp of being the green engine driving Canada’s economic growth.

Among the key findings, the Report found that the clean technology sector grew at an annual growth rate of 47% during the 2008-2009 recession and is poised to reach 117% growth between 2010 – 2012.

“Cleantech companies are stepping up to meet and drive market demand, both domestically and abroad,” said Iain Black, British Columbia Minister of Small Business, Technology and Economic Development. “Canadian companies are leaders in carbon capture and storage, water and waste-water management, power generation, recycling, and energy efficiency – all important avenues to both tackle climate change and drive British Columbia’s – and Canada’s – low-carbon economy.”

The Report also outlines a game plan to establish “20 by 2020” – twenty $100 million Canadian cleantech companies by the year 2020. In order to meet this goal, the Report outlines areas that government and the private sector need to address to take the next step.

To read the report.

http://www.sdtc.ca/uploads/documents/en/CLEANTECH%20REPORT.pdf