Starlight Investments has strengthened its climate leadership with measurable progress across emissions reduction, energy efficiency, sustainable investments, and green building initiatives, according to its 2025 Sustainability Report.
The company reported a 27 percent reduction in carbon emissions intensity from its 2019 baseline while advancing its long-term strategy to achieve net zero carbon emissions intensity across all scopes by 2050. Backed by significant investments in energy-efficient infrastructure, renewable energy, and sustainable real estate, Starlight continues to enhance the environmental performance and resilience of its global property portfolio, Starlight Investments Sustainability Report 2025 indicated.
“Sustainability is not a separate agenda at Starlight – it is how we operate. We continue to build on our commitments: our investments in energy and water efficiency and emissions reduction are showing measurable results,” Daniel Drimmer, Founder and CEO of Starlight Investments, said.
Starlight Targets Net Zero Emissions by 2050
Starlight has established a long-term decarbonization roadmap aligned with the Paris Agreement’s 1.5°C pathway. The company aims to achieve net zero carbon emissions intensity across all scopes by 2050, while targeting a 50 percent reduction in operational carbon emissions intensity for Scope 1 and Scope 2 by 2035 compared with the 2019 baseline.
Beginning in 2030, all new developments and major renovations are expected to operate at net zero operational carbon emissions intensity for Scope 1 and Scope 2 emissions. Climate resilience plans for all existing and new developments have also been completed ahead of the 2026 target.
Emissions and Energy Efficiency Continue to Improve
The company’s sustainability initiatives delivered measurable environmental benefits during 2025.
Carbon emissions intensity declined by 27 percent compared with the 2019 baseline, while energy intensity improved by 19 percent over the same period through building optimization, operational improvements, and infrastructure upgrades.
Approximately 60 percent of Starlight’s total inventoried greenhouse gas emissions originate from Scope 1 and Scope 2 sources, with these operational emissions representing around 93 percent of its overall operational emissions profile. Although emissions intensity increased slightly during 2025 due to colder winters and warmer summers that raised heating and cooling demand, performance remained well below the 2019 baseline.
The company also completed its goal of achieving 100 percent whole-building energy and carbon data coverage across its portfolio in 2025, alongside reaching 100 percent ENERGY STAR space coverage.
More Than $22.5 Million Invested in Sustainability Projects
Capital investment remains central to Starlight’s climate strategy.
During 2025, the company invested more than $22.5 million in energy and water retrofit projects aimed at lowering emissions, improving resource efficiency, and enhancing building performance.
This follows a $48.3 million investment in energy and water retrofits across its multi-residential portfolio during 2024.
Since 2019, Starlight has invested more than $2.6 billion to maintain, upgrade, and expand its real estate portfolio, supporting long-term sustainability, operational resilience, and asset performance.
Renewable Energy Strategy Focuses on Solar and Low-Carbon Technologies
Starlight’s decarbonization pathway combines energy efficiency with renewable energy deployment.
Its on-site renewable energy strategy includes solar photovoltaic systems, district energy systems, and geothermal energy technologies.
For off-site renewable electricity, the company plans to utilize long-term Power Purchase Agreements and Renewable Energy Credits to reduce indirect emissions.
The company expects its emissions reductions between the 2019 baseline and 2050 to come primarily from:
68 percent through low-carbon retrofits and on-site renewable energy.
25 percent through off-site renewable electricity supported by Power Purchase Agreements and Renewable Energy Credits.
7 percent through carbon offsets for residual emissions that cannot be eliminated.
Broader Sustainability Targets Expand Beyond Carbon
Starlight’s Sustainability Action Plan includes several additional environmental targets.
The company aims to reduce water consumption by 2 percent year over year, achieve 30 percent waste diversion across its multi-residential portfolio by 2028, increase commercial portfolio waste diversion to 75 percent by 2028, and maintain an ongoing target of 85 percent landfill diversion for all new developments and major renovations.
Community and ESG Performance Continue to Advance
Beyond environmental performance, Starlight continues to strengthen its social impact.
Since 2019, the company has invested more than $2.6 billion across its portfolio, delivered 2,344 new rental suites, reserved more than 1,120 suites for vulnerable individuals through over 40 social housing partnerships, contributed more than $549,000 to local charities, and recorded more than 2,500 employee volunteer hours during 2025.
Resident satisfaction reached 87 percent, while the company expanded sustainable building leadership with 141 BOMA BEST certifications.
Starlight also received strong external ESG recognition, achieving a PRI Policy, Governance and Strategy score of 86 compared with the industry median of 66, and a PRI Real Estate score of 81 versus the industry median of 72.
Vice President, ESG Marlee Kohn said the company continued building momentum throughout 2025 by advancing priorities outlined in its Sustainability Action Plan while embedding sustainability more deeply into investment decisions, operations, and long-term value creation.
With a clearly defined net zero pathway, substantial investments in low-carbon infrastructure, renewable energy, solar technologies, and energy efficiency, Starlight Investments continues to strengthen its position as a sustainability leader in the global real estate sector while progressing toward its 2050 climate commitments.
SHAFANA FAZAL