Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Avison Young unveils roadmap to net-zero by 2040

2 years ago

Commercial real estate services firm Avison Young has committed to net-zero carbon emissions for its global workplaces by 2040, with at least a 50 per cent reduction by 2030.

The TSX remains Canada’s primary stock exchange, but the NEO Exchange is rapidly gaining traction as an attractive place for startups, innovators and companies in the sustainability sector.

 • 

As the warming climate drives up temperatures and ignites wildfires across many parts of the globe this summer, a new study shows some of the world’s largest asset management companies have some of the smallest net-zero targets for their portfolios.

 • 

Canadian engineering giant WSP Global Inc. is buying U.K. environmental consulting company RPS Group Plc in a nearly billion dollar deal with financial backing from key institutional investors, its third takeover in just three months.

Energy Profiles

 •   • 

Xpansiv, the leading market platform for environmental commodities, announced the deal to acquire Evolution Markets, a major brokerage firm in global carbon, renewable, and energy markets.

 • 

The market for bond issues linked to ESG and sustainability strategies held its own during the first half of 2022, despite concerns about the downturn. General Motors, Lenovo and PepsiCo announced their latest steps in green bonds.

 • 

With close to US$370 billion (CAD$475 billion) on the table, the race will soon be on south of the border to secure some of the clean energy cash expected to flow out of the Inflation Reduction Act.

 • 

The federal government is pursuing two avenues that would increase the cost of carbon emissions to oil and gas producers. The current system has received criticism for not charging the full price for some of Canada’s biggest emitters.

 • 

New research from Stanford University researcher Mark Jacobson outlines how 145 countries could meet 100 per cent of their business-as-usual energy needs with wind, water, solar and energy storage while creating 28 million more jobs than it lost.

 • 

An expansive bill to promote clean energy that passed the U.S. Senate and almost certain to pass the House may slash the cost of microgrids by 10 per cent to 50 per cent, opening the door for their adoption.

 • 

The war in Ukraine has exposed Germany’s overreliance on Russian gas, prompting a search for alternatives. Solar power is one and is already seeing a surge. Is the former solar powerhouse on the cusp of a new solar boom?

 • 

Switzerland is adding a much needed cog in the wheel to its energy supply with an underground hydropower plant that says it has capacity to store enough electricity to charge 400,000 car batteries simultaneously.

Green Retrofit Economy Study

 • 

An aggressive push toward renewable energy has run headlong into anxiety over keeping the lights on in California, where the largest utility is considering whether to try to extend the lifespan of the state’s last operating nuclear power plant.

 • 

The Ford government is surprisingly unwilling to explore renewable energy projects despite the wide range of options available to it, from hydro to nuclear power.

 • 

A pledge from Prime Minister Justin Trudeau to plant two billion trees in Canada as part of a carbon sequestration project has yet to take firm root, challenged by a slow start, land availability, funding and harvesting.

 • 

British Columbia is boosting the size of its zero-emission passenger vehicle rebate, adding a second category for larger vehicles and, in a first for Canada, scaling rebate eligibility to household income

Home by AVI

 • 

Electric vehicle manufacturer Tesla has initiated talks with the Ontario government about improving the province’s competitiveness for attracting manufacturing facilities, per lobbyist registry documents recently filed with the province.

 • 

Decarbonizing heavy industry will require unprecedented collaboration between companies that have historically been in fierce competition with one another, according to a new report from the World Economic Forum on the state of the net-zero transition across industries.

 • 

To reduce the environmental impact of aluminum, a highly commoditized metal responsible for 2 per cent of global greenhouse gas emissions, many aluminum end users — and producers — have begun to work toward decarbonizing the material itself.

 • 

A small but growing number of climate-conscious Canadians are eschewing flying because of the huge amount of greenhouse gases it produces. Could a government and airline plan for sustainable aviation fuels be the solution for guilt-free flying?

Industry Events