Title: Owners of Large Buildings in Montreal: Are You Ready for Your First GHG Declaration?
Date: June 19, 2023
Source: Commercial Real Estate Bulletin
In line with its carbon neutrality goals by 2050, the City of Montreal has adopted the Regulation respecting the disclosure and rating of greenhouse gas emissions from large buildings (21-042), also known as the “Rules.” This regulation requires owners of large buildings in Montreal to disclose information about the sources and quantities of energy consumed by their buildings to the City.
The Regulation is being implemented gradually, with different deadlines for different types of buildings. For buildings with an area of 5000 m² to 14,999 m² or 50 units or more (including condominiums), the declaration of 2022 data must be submitted no later than June 30, 2023. For buildings with an area of 2000 m² and more, or 25 to 49 dwellings (including condominiums), the declaration of 2023 data must be submitted no later than June 30, 2024.
The data must be declared according to the methods defined in Appendix B of the Regulation. The City aims to better understand the quantity of greenhouse gases (GHGs) produced by these large buildings through this measure. The By-law also states that the City will eventually assign a “GHG emissions performance rating” to each building, which must be displayed by the owner and will be published on the City’s website.
The application of the Regulation raises issues of access to information and confidentiality, particularly for co-ownerships. Syndicates must have access
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Title: Montreal Building Owners: Prepare for Your Initial GHG Declaration
Date: June 19, 2023
Source: Commercial Real Estate Bulletin
To achieve its carbon neutrality goals by 2050, the City of Montreal has enacted the Regulation respecting the disclosure and rating of greenhouse gas emissions from large buildings (21-042), commonly referred to as the “Rules.” Under this regulation, owners of large buildings in Montreal are obligated to disclose information regarding the sources and amounts of energy consumed by their properties to the City.
The implementation of the Regulation is being introduced gradually, with varying deadlines depending on the type of building. Owners of buildings with an area ranging from 5000 m² to 14,999 m² or comprising 50 units or more (including condominiums) must submit their 2022 data declaration by no later than June 30, 2023. Similarly, owners of buildings with an area of 2000 m² or larger, or consisting of 25 to 49 dwellings (including condominiums), must submit their 2023 data declaration by no later than June 30, 2024.
The data must be declared according to the methods outlined in Appendix B of the Regulation. This measure aims to provide the City with a comprehensive understanding of the greenhouse gas (GHG) emissions produced by these sizable buildings. The By-law also stipulates that the City will eventually assign a “GHG emissions performance rating” to each building, which owners will be required to display and will be made publicly available on the City’s website.
The implementation of the Regulation raises concerns relating to access to information and confidentiality, especially in the case of co-ownerships. Syndicates must have access to this information in order to comply with the Regulation.
This article provides a concise and informative guide for Montreal’s owners of large buildings, highlighting the essential information they should be aware of while preparing for the GHG Declaration. A must-read for those seeking to stay updated and compliant with environmental regulations.
This article provides valuable insights on what Montreal’s owners of large buildings should be aware of when preparing for the GHG Declaration. Clear and concise information that helps navigate the necessary steps for a greener future.