February 24, 2023

Stephen Penstone recognized by the GLOBE ROB as a changemaker

STEPHEN PENSTONE of Quinn+Partners recognized as a 2023 Changemaker by the Globe&Mail’s Report on Business.

Our team is very elated and proud that our colleague Stephen Penstone is a 2023 Report on Business Changemaker. “Stephen is a dedicated, insightful and visionary advisor whose career has and will continue to tackle climate change – the most pressing challenge of our time” said Francisca Quinn, Co-Founder, President and CEO.

Supporting the Canadian commercial real estate decarbonize

Stephen’s ambition is to help the Canadian commercial real estate sector become a driving force behind Canada meeting its Paris Agreement commitments and becoming a net-zero economy by 2050.

Commercial real estate in Canada currently comprises 16% of national greenhouse gas (GHG) emissions. Stephen is working to transform how buildings are designed, constructed and operated by creating decarbonization pathways and models for the country’s leading real estate companies.  

Since joining Quinn+Partners in 2015, Stephen has supported some of the largest REITs, asset managers and pension plans who invest in real estate on their decarbonization and sustainability ambitions. He has contributed to two Canadian REITs setting targets approved by the Science Based Targets initiative (SBTi), and international research about real estate funds pathways to net-zero.  

“Over the past seven years, Q+P has given me the opportunity to create meaningful change in the areas of climate change, corporate sustainability and responsible investment. I’m lucky to get to work in such an exciting field with smart, passionate and innovative coworkers and clients. This recognition reflects the great and impactful work we accomplish together every day”, said Stephen when he heard the news.

Changemakers celebrates emerging leaders transforming business today

Changemakers is an annual ranking program organized by Report on Business magazine. From both public and Report on Business newsroom nominations, 50 emerging and innovative business minds are selected. Winners receive high-profile exposure in a special segment of Report on Business magazine as well as an invitation to the Changemakers Summit, an event at which Canada’s freshest business thinkers can congregate to share, learn and network. The latest edition can be found online.

Stephen’s background 

Stephen has a bachelor’s degree in engineering chemistry from Queen’s University. He joined Q+P in 2015 as an analyst. Over the years, he has advanced to becoming a senior consultant, where he leads client teams. Stephen also actively contributes to coaching and mentoring the next generation of emerging advisors and industry professionals through associations and committees.


The G&M article about the 2023 Changemakers can be viewed online here.