(Courtesy Cadillac Fairview)
Cadillac Fairview (CF) recently selected SHIFT Energy to implement our AI-powered energy intelligence platform to cut energy consumption and carbon emissions across ten Toronto-area buildings, representing 7.4 million square feet of office space, including the iconic office towers at CF Toronto Eaton Centre and CF Toronto-Dominion Centre.
“CF is recognized as a global leader in climate action in the real estate sector, taking clear and decisive steps to cut carbon emissions from its building portfolio,” said Dave Schriver, General Manager with SHIFT Energy. “This is our second engagement with CF, and we appreciate their vote of confidence in our HVAC energy efficiency and decarbonization technology.”
The announcement drew lots of interest given the increased focus on carbon emissions from Commercial Real Estate. Media coverage included Sustainable Biz Canada, Environment Journal, Real Estate Management Industry News, and Entrevestor, along with paywalled news sites like the Telegraph Journal and All New Brunswick.
Building operations account for nearly 30 percent of global CO2 emissions. Heating and cooling of buildings is responsible for a significant portion of these emissions. Large facilities use a building automation system to manage HVAC systems but these lack the ability to optimize performance, leading to excessive energy use and higher carbon emissions. SHIFT Energy’s AI-powered SaaS platform and Energy Optimization Engineers improve the performance of HVAC systems, delivering energy savings and carbon emission reductions.
Want to learn more about how SHIFT cuts energy consumption, curbs carbon emissions, lowers costs and improves tenant comfort? Drop us a line.