• $13B
    assets under management(1)
  • 23,810
    condominium and purpose-built rental units in the Dream group portfolio (including development pipeline)(1)
  • 11.7M
    sf of commercial /retail GLA across the Dream group portfolio(1)
  • $40B
    of real estate transactions completed(1)
Dream Unlimited Corp. (TSX: DRM) is a innovative developer of exceptional office and residential assets in Toronto. DRM owns stabilized income generating assets in both Canada and the U.S. and has an established and successful asset management business, inclusive of $13 billion of assets under management. DRM has a proven track record for being innovative and for its ability to source, structure and execute on compelling investment opportunities. DRM is the asset manager for Dream Impact Trust and Dream Industrial REIT.
(1) All figures as at September 30, 2021

In 2021, Dream further expanded its impact platform by successfully launching one of the world’s first open-ended private funds dedicated exclusively to impact investing. With investments from some of Canada’s leading institutions and family offices, Dream Impact Fund shares a similar mandate to Dream Impact Trust, including the three impact verticals and the Impact Management System.

2020/2021 Highlights

  • Net Zero
    Started construction on our permanent Zibi Community Utility (“ZCU” or the “District Energy System”) plant which will enable zero-carbon heating and cooling at our Zibi development
  • 63%
    waste diversion at Arapahoe Basin, an increase of 15% over 2019
  • 13,937
    metric tons of soil remediated
    at Zibi
  • $761,065
    donated to charities and NGOs
    in 2020
  • $265,629
    paid for employee tuition
    and professional fees(1)
  • 96%
    employee response rate for employee engagement satisfaction survey
  • 1st Impact
    Report
    DRM published our first Impact Report that presents our approach to impact investing through the creation of the Dream Impact Management System and reports on our impact performance aligned with the leading impact framework, the Operating Principles for Impact Management
  • Developed ESG Framework
    DRM’s new ESG Framework sets out the most material sustainability topics and how we are responding based on the type of asset class and specific objectives
  • GIIN
    DRM became a member of the Global Impact Investing Network (GIIN)

(1)  Based on employees of Dream Asset Management Corporation, which includes employees of DRM and MPCT.UN. Does not include employees at Dream recreational properties, employees on unpaid leaves of absence (e.g., permanent disability, long-term disability, parental leave) or interns.

ESG Scorecard

Indicator(1) 2020
Energy
Energy consumption (ekWh)(2) 21,131,324
Energy intensity (ekWh/sq.ft.)(3) 64
Water(3)
Water consumption (m3) 33,833
Emissions(2)(4)

Scope 1 emissions (tCO2e)

2,338

Scope 2 emissions (tCO2e)

2,038

Total GHG emissions (Scope 1 and 2; tCO2e)

4,376

(1) 2019 data is not available. We continue to improve our data collection processes and coverage for transparency and comparability purposes.
(2) Data covers only the Broadview Hotel, Distillery District and Arapahoe Basin Ski Resort.
(3) Data covers only the Broadview Hotel and Distillery District.
(4) GHG emissions are calculated in accordance with the World Resource Institute Greenhouse Gas Protocol. They capture activities DRM has direct and indirect operational control over:
Scope 1 emissions generated directly from its operations, including heating at DRM’s properties.
Scope 2 emissions indirectly associated with generation of purchased electricity, heating, cooling and steam consumed by properties.
(5) Based on employees of Dream Asset Management Corporation, which includes employees of DRM and MPCT.UN. Does not include employees at Dream recreational properties,employees on unpaid leaves of absence (e.g., permanent disability, long-term disability, parental leave) or interns.
(6) Includes employees at all levels.

Environmental

Dream is committed to integrating sustainability into the design, construction and operations of all our buildings.

Sustainable living at Alpine Park

Nestled under an 11-acre ridge-line that provides scenic mountain and prairie views, Alpine Park is an over 600-acre community that offers a unique blend of natural and urban living. We believe the future of community-building isn’t in technologies alone, but in connections to the people and the environment around us. Alpine Park is Dream’s first step of Calgary’s new West End expansion and provides both a green and urban lifestyle.

 

  • Village centre, located an 8-minute walk from almost any corner of the park, with inspiring public art, curated shops and charming, inviting cafes that turn daily routines into opportunities for connection and interaction
  • Street-oriented housing with attractive, varied architecture favouring porches over poured driveways
  • Wide paths, safely set back from the street weave through beautiful green court parks
  • Efficient automobile use, without allowing cars to dominate the environment
  • Located close to major highways, maintaining the connection to the heart of downtown Calgary
  • Cherishes its natural surroundings with multi-use trails, respectful of environmental features

Key Accomplishments

  • Net Zero Asset Managers logo
    DRM, on behalf of the Dream group of companies, joined the Net Zero Asset Managers (NZAM) Initiative, which is a group of international asset managers committed to supporting the goal of net zero greenhouse gas emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5 degrees Celsius
  • Principles for Responsible Investment logo
    DRM, on behalf of the Dream group of companies, signed onto the United Nations Principles for Responsible Investment (UN PRI), which includes a group of more than 4,300 investment managers and asset owners from nearly 90 countries committed to developing a more sustainable global financial system
  • Task Force on Climate-Related Financial Disclosures logo
    DRM is an official supporter of the Task Force for Climate-related Financial Disclosures (TCFD) which provides guidance and recommendations to help companies provide better climate disclosures to support capital allocation. More than 2,300 companies support the TCFD and Dream is one of the first Canadian public real estate companies to become an official supporter

Social

DRM’s strength as an organization comes from our strong and diverse workforce. Our employees possess expertise in a wide variety of areas that benefit our business, from real estate management and development to capital markets, risk, insurance and many more.

Social Procurement at Dream

DRM aims to develop local supply chains to minimize our environmental footprint and create local jobs. 

Our new program, The Dream Difference, will establish a clear, intentional and equity-focused strategy for social procurement to leverage and influence our entire supply chain. As a start, Dream is creating a request to suppliers and contractors to highlight their company diversity programs.

DRM Employee Gender Breakdown(1)

(1) Based on employees of Dream Asset Management Corporation, which includes employees of DRM and MPCT.UN. Does not include employees at Dream recreational properties, employees on unpaid leaves of absence (e.g., permanent disability, long-term disability, parental leave) or interns.
(2) Includes employees at all levels

Governance

As part of the ESG Framework, DRM links ESG performance to executive and employee goals and compensation.

Women Lead Here

In 2021, for the second consecutive year, Dream Unlimited Corp is a recipient of the Globe and Mail’s “Women Lead Here” award. With 50% of our Board, 43% of our executives, 40% of our managers, and 49% of our employees being women, we are proud to be recognized for our leadership in corporate Canada.

Sustainability at DRM is managed by the following:

Zibi Boardroom - 30 Adelaide - Toronto, ON
Zibi Boardroom – 30 Adelaide – Toronto, ON

Case Studies

Sustainability Reports