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HOOPP honours sustainability leaders in 2023 LEAP Awards

1 year ago

HOOPP honours green leaders in 2023 LEAP Awards

The Healthcare of Ontario Pension Plan (HOOPP) celebrated its 12th annual LEAP Awards, singling out sustainability efforts in its real estate portfolio by giving out 11 distinctions in 10 categories. Winners include Triovest Realty Advisors Inc. and Morguard Corp.

Telus Pollinator Fund shows growth from investments

The Telus Pollinator Fund for Good has launched its second annual impact report, detailing nearly $40 million in investments which has almost doubled its portfolio to 26 start-ups that have generated a 155 per cent increase in revenue growth.

TAS debuts impact sustainability measurement system

Toronto-based real estate developer TAS has released its second annual impact report, which features the debut of its impact measurement system – showcasing around 930 indicators its using to track its progress along sustainable and social metrics.

Canada's wind not impacted by climate change: study

A report prepared by Nergica on how climate change will alter Canada’s weather in the future says wind power production will remain largely unchanged, suggesting wind power will remain a solid choice in the clean energy mix.

Brookfield to buy U.S. renewables unit for $3.74B

North Carolina-based utility Duke Energy has reached a $3.74 billion deal to offload its unregulated utility-scale commercial renewables business to Canadian renewable assets operator Brookfield Renewable. Duke has 5.9 gigawatts of operating and under-construction solar, wind and battery storage.

Rio Tinto to install low-carbon smelters in Que.

Rio Tinto unveiled plans Monday to spend $1.46 billion to expand its AP60 aluminum smelter equipped with low-carbon technology at Complexe Jonquière in Canada. The total investment includes as much as $113 million from the Quebec government.

B.C. CICE gives $5.2M to nine local innovators

The B.C. Centre for Innovation and Clean Energy (CICE) settled on nine innovators to give $5.2 million. The funds will be used to expedite the commercial development and global scaling of clean energy innovations originating in British Columbia.  

U.S. subsidies may hobble Canada's clean-fuel efforts

Canadian biofuels producers are threatening to build their next projects in the U.S. to cash in on rich subsidies for clean fuel and stay competitive, a move that could cost Canada $10 billion of investment.

What is in Canada's new federal fuel regulations?

In just three weeks, new federal regulations will begin slapping surcharges on the most polluting fuels in a bid to rein in transportation emissions. But some premiers want Ottawa to suspend new regulations critics are calling the 'carbon tax 2.0.'

NBC to include two major green building changes

The new version of Canada’s National Building Code (NBC) is set to be unveiled in 2025 with two major changes builders should know: the introduction of technical requirements for existing building stock and the inclusion of greenhouse gas emissions.

The roadblocks for EV charging in residential buildings

The popularity of electric vehicles (EVs) is growing in Canada. But charging infrastructure lags behind and tends to be concentrated in newer buildings and wealthier areas. Long wait times and high costs for an EV charger are met by owners.

Canadian broadcasters pledge climate action

Canada’s leading media companies are banding together to work on reducing their collective impact on the environment. The newly formed group Canadian Broadcasters for Sustainability was announced Sunday at the Banff World Media Festival.

Royal Caribbean to run biofuel tests this summer

Celebrity Cruises' Celebrity Apex and Royal Caribbean International's Symphony of the Seas will sail Europe using sustainable biofuel to meet part of each vessel’s fuel needs. The landmark test will contribute critical data and research on the fuel's capabilities.

The world’s first zero-emission cruise ship

Hurtigruten, a Norwegian cruise line, is charting a course towards a greener future with plans to launch the world’s first zero-emission cruise ship, aptly named "Sea Zero" by 2030. Sea Zero will be powered by a 60-megawatt-hour battery pack.

Few companies have credible net-zero plans: report

A growing number of companies are pledging to cut their greenhouse gas emissions to net-zero as part of global efforts to tackle climate change, but that goal is rarely supported by a credible plan, according to a report published Monday.

Third of businesses don't have funds to reach net-zero

A new survey of more than 1,000 global businesses has found that while more than 80 per cent of them have set targets to reach net-zero emissions, more than one-third do not believe they have the budget to do so.

Japan earmarks $143B for hydrogen energy

Japan's government on Tuesday adopted a revision to the country's plans to use more hydrogen as fuel. It sets an ambitious target to increase the annual supply by six times by 2040 by pledging $143 billion in funding.

EU, UAE pledge to rally support for renewable goals

The European Commission and the United Arab Emirates’ presidency of this year’s COP28 climate summit pledged to seek support for global goals to expand renewable energy, which they said would help countries to shift from unabated fossil fuels.

Arctic could see ice-free summers by 2030: study

A new paper published in the journal Nature has concluded that the Arctic Ocean could be free of ice for months at a time as early as 2030, even if humanity manages to drastically scale back its greenhouse gas emissions.

Climate making wildfires worse in Atlantic Canada

Nova Scotia's record-breaking fires came as a shock in a region known for relatively mild and wet weather. But rather than being an anomaly, they are a sign of things to come for Atlantic Canada, experts say.

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