Toronto, Ontario (August 27, 2014) – First Capital Realty Inc. (“First Capital Realty”) (TSX: FCR), Canada’s leading owner, developer and manager of well-located, high quality, urban retail-centered properties, announced today the release of the Company’s fourth Corporate Responsibility and Sustainability (CRS) Report that complies with the Global Reporting Initiative™ (GRI™) Sustainability Reporting Guidelines. First Capital Realty’s 2013 CRS Report details the progress it has made in the previous year and includes comparative metrics to data provided in the Company’s previous reports. Key highlights from last year’s performance include:
As of June 30, 2014, 56 projects comprising over 1.2 million square feet of GLA at 34 properties were certified to LEED standards. Another 74 projects comprising over 2.6 million square feet of GLA at 44 properties were under development, in the process of construction or awaiting LEED certification.
“We remain committed to engaging with our communities and maintaining our high standards of corporate responsibility throughout all aspects of our business,” stated Dori J. Segal, President and CEO of First Capital Realty, and “we are pleased with the progress on our sustainability initiatives in 2013 as demonstrated by our sixth ranking in Corporate Knights Inaugural Future 40 Responsible Corporate Leaders in Canada.
The Company has self-declared its report to be a GRI™ Application Level B+. This GRI™ application level requires a company to report fully on at least 20 performance indicators, including one from each category: economic, environment, human rights, labour, society, and product responsibility. Furthermore, it requires external assurance. Accordingly, the Company received independent assurance on six quantitative performance indicators included in its CRS Report for the year ended December 31, 2013 from Ernst & Young LLP.
To obtain a copy of First Capital Realty’s 2013 CRS report, please visit our website atwww.firstcapitalrealty.ca.
ABOUT FIRST CAPITAL REALTY (TSX: FCR)
First Capital Realty is Canada’s leading owner, developer and manager of well located, high qualityurban retail-centered properties. First Capital Realty currently owns interests in 163 properties,totalling approximately 24.5 million square feet of gross leasable area.
For further information:
Dori J. Segal, President & CEO, or
Kay Brekken, Executive Vice President & CFO
First Capital Realty Inc.
85 Hanna Avenue, Suite 400
Toronto, Ontario, Canada M6K 3S3
Tel: (416) 504-4114
Fax: (416) 941-1655