Dream Impact Trust targets projects that create positive and lasting impacts on communities and the environment, while achieving market returns. The Trust provides investors with access to an exceptional portfolio of real estate development and income properties that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas.

2024 Highlights

  • PRI

    Scored 4 stars in the Policy, Governance and Strategy and Real Estate modules and 5 stars in the Confidence Building Measures module(1)(2)

  • GRESB

    Scored 79/100 in the 2024 GRESB Real Estate Assessment and placed 1st out of 10 in the Canada Comparison Group in the 2024 GRESB Public Disclosure(3)

  • 2024 FRPO Awards

    Winner of the Federation of Rental-housing Providers of Ontario (“FRPO”) MAC Award for Impact for Affordable Housing Program Initiative at Canary Landing and Best Curb Appeal for The Residence at Weston

  • ~$27 million

    in spending awarded to diverse businesses(5)

  • 689

    active affordable housing units(6)

(1) DRM completed the submission on behalf of the Dream group of companies, including MPCT.UN.
(2) This information is based on the 2024 Assessment Report provided by the UN-supported Principles for Responsible Investment (PRI). The PRI Assessment is based on self-reported data and reflects the organization’s alignment with the six Principles for Responsible Investment. The PRI does not endorse or certify the ESG performance of its signatories. For further information please see www.unpri.org.
(3) All intellectual property rights to this data belong exclusively to GRESB B.V. All rights reserved. GRESB B.V. has no liability to any person (including a natural person, corporate or unincorporated body) for any losses, damages, costs, expenses, or other liabilities suffered as a result of any use of or reliance on any of the information which may be attributed to it. Green Stars recognize Real Estate entities with a score higher than 50% of the points allocated to each relevant component. The GRESB Public Disclosure Level is based on the 2025 GRESB Public Disclosure dataset. GRESB assessments are based on publicly available ESG disclosures and are provided ‘as is’ without warranty. GRESB does not endorse or certify the ESG performance of any organization.
(4) Donation made by DRM, MPCT.UN’s asset manager.
(5) Diverse vendors are defined as businesses that are majority-owned or majority-managed by people from equity-deserving groups. MPCT.UN collected this information in coordination with DRM and D.UN – and therefore includes tracked spending by MPCT.UN, DRM and D.UN.
(6) At 100% project level. Affordable units are classified in line with certain government program’s affordability definition that each project is governed by.

ESG Scorecard

Indicator 2019 Baseline 2023 2024 YoY% Change % Change from Baseline
Energy
Energy Consumption (GJ) 78,137 182,811 169,540
Energy Intensity (GJ/sf)(3) 0.09 0.07 0.07 -9% -29%
Water
Water Consumption (m3) 61,827 221,187 244,976
Water Intensity (m3/sf)(3) 0.06 0.04 0.06 46% -6%
GHG Emissions(4)
Scope 1 & 2 GHG Emissions (tCO2e) 1,602 4,871 4,866
Scope 1 & 2 GHG Emissions Intensity (kgCO2e/sf)(3) 1.92 1.29 1.46 13% -24%
Waste
Waste Generation (tonnes) 222 414 528
Waste Diversion rate (%)(2) 40% 30% 52% 97% 48%

(1) Unless otherwise stated, annual data for energy, GHG emissions, water and waste reflects the absolute performance of properties owned during the respective calendar year and not like-for-like comparisons. Floor area square footage is based on Gross Leasable Area (“GLA”) as of end of reporting year. Please refer to the ESG Data Book for more
information, including data coverage and sources of emission factors.
(2) Co-owned assets with joint operational control with D.UN are included at 100% of GLA.
(3) Only includes office-type assets with GLA at 100% owned for the full year.
(4) GHG emissions are calculated in accordance with the World Resource Institute Greenhouse
Gas Protocol. This includes emissions from activities under MPCT.UN’s direct and indirect operational control: Scope 1 emissions generated directly from its operations, including heating at the properties. Scope 2 emissions indirectly associated with the consumption of purchased electricity, heating, cooling, and steam consumed by properties. The comparative periods are not presented using the emission factors included in the updated 2025 National Inventory Report, published on May 16, 2025. As such, trends in emissions may be impacted.
(5) As at December 31, 2024.
(6) Includes managers and above.
(7) For the purposes of this report, Executives include: the Chief Responsible Officer and Chief Financial Officer of MPCT.UN.
(8) Board composition as of December 31, 2024.

Sustainability at MPCT.UN is managed by the following(1):

(1) The responsibilities set out in this column are for illustrative purposes only, reflect certain relevant ESG matters, and do not purport to reflect the full extent of responsibilities or the full mandate of any of the boards, committees or teams referred to in this chart.
(2) Based on members of the Trust and GP Boards, as at December 31, 2024. Dream Impact Master GP Inc. is the general partner of Dream Impact Master LP. Dream Impact Master GP Inc. oversees the management of Dream Impact Trust’s operating assets, which are held through Dream Impact Master LP.

Case Studies

Sustainability Reports

* All intellectual property rights to this data belong exclusively to GRESB B.V. All right reserved. GRESB B.V. has no liability to any person (inclusing a natural person, corporate or unincorporated body) for any losses, damages, costs, expenses or other liabilities suffered as a result of any use of or reliance on any of the information which may be attributed to it.