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Manulife Real Estate has a long-standing commitment to the environment and we manage our properties to make them as energy-efficient and sustainable as possible. Each year, we set goals for performance improvement in our properties. Our ongoing improvements and retrofit programs have allowed us to meet those ambitious targets each year.
We conduct regular energy performance reviews in all our owned and managed properties. This helps us monitor and improve energy efficiency and conservation efforts. We have also made significant investments in building automation systems that have resulted in consistent improvements.
These efforts helped reduce energy consumption by nearly 4,090 metric tonnes of CO2-equivalent (CO2e) emissions in 2010. This represents a reduction of 2.7 per cent compared with levels in 2009.
Manulife Real Estate achieved similar reductions in water use, with consumption down 6.1 per cent to 69.5 litres per square foot in 2010, compared with 74.0 litres per square foot in 2009.
Building upon a long trend of excellent energy management, our overall energy efficiency continued to improve in 2010, with energy consumption for our 18.4 million square foot managed office portfolio decreasing 2.8 per cent to 20.8 kilowatt hours per square foot in 2010 from 21.4 kilowatt hours per square foot in 2009.
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