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Overall Assessment |
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None
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Dream Industrial outlines detailed sustainability and net-zero governance—its disclosures emphasize that “our governance policies specify oversight and accountability for ESG matters at the board level” and that “on a quarterly basis, the applicable governance committee of each Dream entity is provided with an ESG update,” while the “Net Zero Steering Committee…reviews and approves net zero roadmaps” and the “ESG Executive Committee…oversees sustainability, the ESG Framework and associated commitments for all entities.” However, we found no evidence of any governance framework specific to lobbying activities; there is no description of policies or processes to ensure alignment of direct or indirect lobbying with climate objectives, no mention of any individual or committee responsible for reviewing lobbying alignment, and no procedures for monitoring or managing climate-related advocacy efforts.
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E
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Overall Assessment |
Analysis |
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Limited
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Dream Industrial Real Estate Investment Trust provides only limited insight into its climate-related lobbying. The disclosure notes that the company “partnered with Canada Infrastructure Bank and Canada Mortgage Housing Corporation” to develop financing programmes that encourage building decarbonisation and affordable housing, signalling some engagement with public-sector bodies but without identifying any specific pieces of legislation or regulatory proposals. Those agencies are named targets, yet the company does not describe how it engages them—there is no reference to meetings, submissions, or other lobbying channels—so the mechanism of influence remains unclear. Likewise, the company cites a general objective to “facilitate the decarbonization of existing buildings and preserve and increase Canada’s affordable housing stock,” but it does not spell out the concrete policy changes, amendments, or quantitative targets it is advocating. As a result, stakeholders receive only a broad picture of intentions rather than a detailed account of the policies the company seeks to shape, the methods it uses, or the specific outcomes it is pursuing.
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D
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