KEY INITIATIVES

Building a more resilient business

We’re safeguarding the future of our business by investing in effective governance, ethical practices, and solid infrastructure.

2023 Accomplishment Highlights

Impartial Oversight 

Board established in 2008, majority members independent

Recognition 

Canada’s Best Managed Companies in 2024 

Diversity

2nd Survey scored 76.2% in diversity, 9.8% above industry average

Commitment 

100k homes built, 15th ESG Impact Report published 


Leading with accountability, integrity, and objectivity

We aim to be a responsible, forward-thinking organization and we’re proud of the comprehensive governance structures we've established in service of that goal. We have a Board of Directors whose majority are independent directors.

We maintain a Standard of Conduct policy to ensure we demonstrate honesty and integrity, behave fairly and ethically, and hold ourselves accountable to all our commitments.

Key Metrics

56%

Independent Board Members

33%

Female Directors

2010

Implemented Standard of Conduct policy

"With a Board in place for over 18 years, we have a strong history of governance within a privately-held company. We recognize the enormous benefit and potential of bringing diversified backgrounds, views, and experiences together to help guide our decision-making."


Michael Waters,
CEO

A continued commitment to acceptance and inclusion

We believe that for this organization to be successful, we must foster a work environment of acceptance and inclusion that improves the employee experience. As part of our commitment to building that culture, we partnered with Diversio to launch a second survey in early 2023 to understand how we can continue to improve. 

The results helped us identify three key areas where we can strengthen our culture – a focus on education and inclusive hiring, promoting a culture of wellness and belonging, and introducing a Mentorship @ Minto.

Key Metrics

59.6%

Participation in second DEI survey

76.2%

Inclusion score measuring DEI and engagement

9.8%

Above industry average for inclusion

1.9%

Increase over our 2021 inclusion score

Building a strong, stable organization from within

At Minto, we invest in our employees’ growth and development, which in turn strengthens our team and minimizes business disruption. We engage with employees on career goals, conduct regular and rigorous talent reviews, provide professional development to all staff, identify ways to help individuals advance, and complete long-term succession plans for all executive roles.

"At Minto, we value the experience and insight of our team members yet recognize that change is inevitable and requires careful planning. To ensure that talented, accomplished successors can support our continued growth, succession planning is a strategy that’s embedded in our talent management program throughout the year."


Jo-Ann Taylor,
Chief Human Resources Officer

Advancing ESG performance and knowledge

At Minto, ESG is a strategic priority, and setting ESG targets is integral to our yearly planning. We incorporate ESG objectives into annual goals for each business unit and employee, with individual bonuses tied to these objectives. We are also committed to building ESG competency across our organization. In October 2021, we launched a new ESG e-learning course for all staff, which became mandatory the following year. Additionally, we introduced an ESG channel in our digital learning hub, MyConnect Learning, to deepen employees' ESG knowledge.

Offering ESG transparency

We record, analyze, and communicate our sustainability performance data because we value transparency. We regularly report our findings to internal and external stakeholders. We also submit data for benchmarking, including to the Global Real Estate Sustainability Benchmark (GRESB) Real Estate Aassessment (since 2015). 

We participate in working groups in order to share learning and experiences that help us to achieve shared goals. 

On top of all of this, we are part of the City of Toronto's Green Will Initiative—a group of building owners that has committed to achieving net zero carbon by 2050. And we participate in the City of Ottawa's Better Buildings Ottawa Advisory Group working to help the city develop new programs.

Demonstrating our high performance through third-party verification

We aim to build better homes that reduce our impact on the environment, and we use trusted third- parties to verify these efforts, and communicate that value to our buyers. We strive to achieve the highest possible rates with HERS®, EnerGuide®, ENERGY STAR® for New Homes, and LEED®.  We have also begun investing in the health and well-being of our residents through Fitwel® and WELL® Certifications. Through these programs, we’re leading the industry to the next frontier of sustainability and resident wellness.

Kitchen Bar   Dining Room at 123 Portland in Toronto. Condo in King West by Minto Communities.

Safeguarding our employees and customers from cyber threats

In a time when so much of our lives occur online, it’s crucial that we safeguard our systems and data. We’re more focused on guarding against cyberattacks than ever before, through both our partners and our software systems. We require multi-factor authentication and we train all employees on how to avoid phishing, spoofing, and other scams.

We’re just as committed to protecting the privacy and personal information of our customers, website visitors, and more. We’re compliant with all U.S. and Canadian legislation and, beyond that, commit to the 10 principles outlined in the Canadian Standards Association’s Model Code for the Protection of Personal information (CAN/CSA-Q830-96.).

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The Latest Case Studies

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This year, we celebrated 68 years of Minto and 100,000 homes built

Minto reached a significant milestone in 2023—we’d constructed 100,000 homes. That’s an exciting statement after our humble beginnings as a small, Ottawa-based family business. Now, in 2024, we were recognized as one of Canada’s Best Managed Companies for our work in sustainability, corporate resilience, bold innovation, and retaining great talent. We are thrilled to be honoured and excited to continue shaping the sustainable choices of generations to come.

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The Latest Videos

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The story of our resilience showcases the calm and measured way that we have responded to pressures such as high inflation, cybersecurity, a market in transition, and the lingering COVID crisis.

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We’re thrilled to announce that we have been named one of Canada’s Best Managed Companies in 2024.

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Explore the playlist on how we’re building a more resilient business by safeguarding our future through investments in effective governance, ethical practices, and robust infrastructure. See how these initiatives contribute to long-term stability and success.

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