As a fiduciary, we approach sustainable investing from both a risk mitigation and a value creation perspective to help enhance the long-term financial and operational resiliency of the asset.
Resource Conservation
operational solar arrays across BGO's U.S. and European equity portfolios1
Thriving Communities
donated to charities2
community events held at BGO properties3
Industry Engagement
Strategies submitted to GRESB, representing $32.8 B in AUM4
In 2025, 80% of BGO's participating investment Strategies achieved 4 or 5 Stars in the GRESB Standing Investments Benchmark
See note 5
Received 4-Star or 5-Star rating, above PRI average, on every module. 5-Star rating in the Confidence Building Measures module, highlighting the strength of BGO's governance and data quality | Signatory to PRI since 2008
See note 6
ENERGY STAR Partner of the Year Sustained Excellence for 14 consecutive years for leadership in energy management
See note 7
Participate as a member of the Fitwel Leadership Advisory Board (LAB) and a Fitwel Champion, supporting the healthy building movement
See note 8
Received Gold Landlord award, recognizing leadership in setting the standard on green leases and sustainability clause integration
See note 9
Real Estate Investment Management ESG Award in the open-ended fund strategy was awarded to our Canadian core strategy in 2023
See note 10
BGO views climate resilience as having the adaptive capacity to manage risks posed by climate change in addition to seizing the opportunities it presents. As a real estate investment manager, BGO evaluates physical and transition risks into its evaluation of new developments, acquisitions and standing assets. BGO maintains a goal to complete physical climate risk assessments for 100% of investments across in scope Strategies11.
Improving operational efficiency is integral to lowering operating costs and enhancing long-term value. We rely on conscientious stakeholder engagement and sound data management practices to help reduce energy use and water consumption and improve waste diversion rates.
Our vision is to create an environment in which all employees feel valued, included and empowered to do their best work is critical to our success. We recognize that each employee’s unique experiences, perspectives, and viewpoints strengthen our ability to create and deliver the best value to our clients, partners and stakeholders/investors. BGO's talent strategy addresses three pillars that serve as the foundation for organizational inclusion:
Learn about how we our attracting diverse talent with our Built to Lead program
Our focus on social impact is aligned with our holistic approach to real estate investment. We work together with investors, tenants and other stakeholders to create thriving communities. Through our philanthropic mission, BGO Inspired, we are using our influence to make a difference. Connected at the intersection of the many communities we belong to, and identify with, our employees have united to direct the resources of BGO’s global philanthropy program to help create positive impact in our communities. Learn more about BGO Inspired here.
Our 2025 impact
Total BGO Donations in 2025: $856,647 (USD)
Number of Charities Supported Globally: 142
Our involvement with global industry associations allows us to share sustainable investing best practices, successes, and challenges based on our deep experience. We demonstrate our commitment to industry leadership through our participation in research that may inform policymakers, and establish industry benchmarks alongside our peers who are likewise committed to advancing the environmental and social performance of commercial real estate through sustainable investing. Examples of industry engagement include the following:
We strive to establish long-term relationships with our tenants, which supports our objective to provide a high level of customer service while creating healthy environments for both tenants and building occupants. We regularly communicate with our tenants to help them understand the value of sustainable building attributes and collaborate with this group to achieve our goals for sustainable property operations.
At BGO, we foster a culture of respect, integrity, fairness and safety. Our Code of Business Conduct (Code) guides us to implement strong governance practices across our business.
Our commitment to sustainable investing is established in our corporate vision and values, and incorporated into our strategic plan, which is reviewed, approved and monitored annually by the Board and senior leadership. Learn more about our Governance structure in our Sustainable Investing report.
New Jersey and Nevada, United States | Multiple Assets
In 2025, the Sustainable Investing team collaborated with Asset Management and Portfolio Management teams to significantly expand on-site solar generation across the U.S. Four new projects in New Jersey and Nevada were completed in Q4 2025 and Q1 2026, delivering 10.6 MW of new solar capacity.
These projects, including three community solar systems, are expected to generate more than $490,000 in annual rooftop lease income, while the fourth operates under a Power Purchase Agreement (PPA) structure that helps hedge against rising utility rates. Together, the installations are projected to produce 14.9 million kWh of clean energy annually, equivalent to the annual electricity use of 1,347 U.S. homes. BGO also has more than 30 MW of solar capacity initiating construction and entering the interconnection process, with an additional 30 MW in lease negotiations.
London, United Kingdom | Office
Regent’s Wharf is a 111,000-square foot office campus arranged across four buildings beside Regent’s Canal in London. Completed in 2025, the project transformed former Victorian warehouses and mills into a contemporary workplace destination focused on sustainability, wellbeing and inclusive access.
The fully electric, gas-free campus uses photovoltaic panels and air source heat pumps, helping reduce carbon emissions by 50% compared with the previous estate. All operational electricity is procured from renewable sources to achieve net zero operational carbon, and the project is certified BREEAM Excellent. The development also contributed £250,000 to using the canal for construction logistics, avoiding an estimated 1,110 vehicle trips, and includes almost 200 cycle spaces, outdoor terraces, biodiversity features and local training support.
Vancouver, Canada | Office
In September 2025, BGO marked the opening of B6, a 32-story office tower in downtown Vancouver designed to integrate sustainability, wellness and efficiency. The building features a high-performance facade, triple-glazed windows, advanced mechanical systems and two green roofs that help reduce energy use, improve indoor environmental quality and support urban biodiversity.
B6 is WELL certified at the Platinum level, a global standard that measures how buildings support human health through factors such as air and water quality, lighting, thermal comfort and occupant well-being. With bicycle facilities, end-of-trip spaces, EV charging, outdoor terraces, abundant natural light and 97% occupancy, B6 reflects the flight-to-quality trend in Canada’s office market.
Yongin-si, South Korea | Logistics
As part of an industrial logistics development in Yongin-si, the project team integrated targeted sustainability measures aimed at improving resource efficiency and reducing operating costs over the asset’s life cycle. Water efficiency was a primary focus, supported by high-efficiency plumbing fixtures and a greywater reuse system.
Energy performance improvements were achieved through LED lighting upgrades and HVAC system optimization. These measures enabled both buildings to achieve LEED Silver certification and delivered a 62.5% reduction in annual water consumption relative to the LEED baseline, an 8.6% reduction in total annual energy consumption and an 11.2% reduction in energy-related operating costs.
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1 Number of operational solar arrays across BGO’s U.S. and European equity portfolios as of December 31, 2025.
2 Between January 1, 2025 and December 31, 2025.
3 Between January 1, 2025 and December 31, 2025. Includes our Canadian and U.S. Core, Value Add Strategies and separate accounts. Data taken from BGO’s annual Benchmarking Survey.
4 Includes participating North American and UK Strategies as of December 31, 2025.
5 GRESB awards are based on GRESB's assessment of seven sustainability aspects, using 50 real estate related indicators. The assessment includes information on property performance indicators, such as energy consumption, greenhouse gas emissions, water consumption, and waste. Details of the questionnaire and GRESB's assessment and weighting of responses are available at https://gresb.com/gresb-real-estate-assessment/. GRESB B.V. (GRESB) created and tabulated each strategy’s score, which covers activities taking place during each calendar year and is typically released on or around October 1 of the following year after materials strategy are submitted to GRESB. In order to obtain a rating, the strategy must pay a participation assessment fee for submission to GRESB.
6 Principles for Responsible Investment (PRI) is a United Nations-supported organization. BGO pays fees to PRI as part of its submission to PRI to assess how it, as a signatory of the Principles for Responsible Investment, has progressed year-over-year and relative to peers. In 2023, BGO submitted to four modules including, Policy Governance and Strategy, Real Estate, Fixed Income – Private Debt and Confidence Building Measures. Investment categories are evaluated with a score out of 100 and given a star rating, where 5 stars represents a >90% score. Submissions to PRI cover a 12-month period. For further information please see www.unpri.org.
7 ENERGY STAR Partner of the Year awards are awarded by the United States Environmental Protection Agency (EPA). An Energy Star Partner of the Year Award is the highest level of EPA recognition, reflecting the EPA’s assessment that the partner perform at a superior level of energy management and demonstrates best practices across the organization, proves organization-wide energy savings and participates actively and communicates the benefits of ENERGY STAR. More information is available at www.energystar.gov.
8 The Fitwel Champion program is led by the Center for Active Design, via Fitwel®, the world’s leading certification system committed to healthy buildings for all. Fitwel Champions must register 20 assets upon signing and certifying at least 10 or more projects over the 24-month period. Certifications are issued on a rolling basis and are valid for three years. Properties must re-certify to maintain certification standing. Properties must pay certification fees to pursue Fitwel certifications. More information is available at www.fitwel.org.
9 Launched in 2014 by the U.S. Department of Energy’s Better Buildings Alliance and the Institute for Market Transformation, Green Lease Leaders sets the standard for what constitutes a green lease. The 2023 awardees represent portfolios totaling over 3 billion sq. ft. and comprise a diverse range of buildings from large and small commercial offices to industrial buildings to data centers. More information is available at www.greenleaseleaders.com.
10 The 2023 PREA Real Estate Investment Management ESG Award recognizes PREA members at the forefront of ESG within real estate investing, and provides the industry with examples of best practices in ESG. Our core Canadian strategy won in the open-ended category. There is no fee for the award, but recipients have to be PREA members.
11 Includes $32.8 billion AUM across participating North American and UK strategies as of December 31, 2025.
SFDR Article 3 - Sustainability Risk Policies
SFDR Article 4 - Principal Adverse Sustainability Impacts
SFDR Article 5 - Integration of Sustainability Risk into Remuneration Policies
BGO Canada Environmental Policy
BGO Canada Occupational Health and Safety Policy