Building retrofits to upgrade and modernize small- to medium-sized buildings
Fast facts
We are partnering with Efficiency Capital to help small and medium-sized building owners across Canada decarbonize their facilities.
Efficiency Capital is an Energy-as-a-Service (EaaS) company, partnering with owners to deliver fully funded deep retrofit solutions which reduce energy use and GHG emissions, generating environmental, social, and economic results.
Examples of building upgrades include lighting, roof insulation, heating-ventilation-air conditioning, heat pumps, automation systems, EV charging and renewable energy sources such as solar PV and geothermal.
Efficiency Capital is an ‘aggregator’ under our Building Retrofits Initiative (BRI), which provides long-term investments for building retrofits to modernize and improve the energy efficiency of existing buildings.
Benefits of CIB involvement
Our Building Retrofits Initiative helps to address one of Canada’s largest sources of greenhouse gas emissions.
Buildings account for 18 per cent of Canada’s greenhouse gas emissions, so retrofitting these assets is critical to meeting the country’s climate change goals.