TORONTO

Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023.

This year’s list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow. These companies are setting the standard with some of the greatest accomplishments of the modern world.

Claire McIntyre, SVP, Corporate Affairs at Oxford Properties, remarked: “We’re proud to once again be recognized by Fast Company, for the fourth consecutive year, for our ESG efforts. At Oxford, our purpose is to create both economic and social value through real estate—ensuring we safeguard the future and create a world of opportunities for our customers, partners, people, and the communities in which we operate.

“Whether categorized as ESG or CSR, there is no silver bullet to address the challenges facing our industry. Our approach is to aggregate opportunities big and small to shape an innovative and industry-leading position with ESG embedded across all aspects of our business.”

Within the judging period, Oxford set a new benchmark for gender representation in commercial real estate by becoming the first major global real estate firm to reach gender parity in its global C-Suite and leadership team. These talented leaders all developed and were promoted from within the organization organically, each possessing more than 10 year’s tenure at Oxford.

In 2015, Oxford led the industry by announcing a carbon reduction target of 30% by 2025, a target Oxford has already surpassed by reducing portfolio carbon intensity by 35% vs 2015 benchmark. This impressive reduction was made via a mixture of innovative building design and operational activities, data analytics and simple human solutions that helped to change customer behaviour.

For the World’s Most Innovative Companies, Fast Company’s editors and writers sought out the companies making the biggest strides around the globe. The list is Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.

Brendan Vaughan, Editor-in-Chief at Fast Company, said: “What a strange and thrilling year it has been to honor this year’s Most Innovative Companies. This year’s list compiles some of the most cutting-edge groundbreakers who are changing our world every single day, from legacy organizations like McDonald’s to upstarts like MrBeast and institutions such as NASA. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation.”