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Recent Articles

Developer launches Clear to purify building water and air

2 years ago

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Air and water purification firm Clear Inc. began as Gil Blutrich’s mission to address sick building syndrome after his daughter became ill due to contaminated water and the Toronto-based real estate developer began investigating water and air quality in buildings.

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Designed and executed with care, net-zero carbon goals offer more than sustainability window dressing for commercial buildings in the decades to come. More real estate owners, operators, developers and investment firms see the appeal of future-proofing properties from climate shocks.

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Boardwalk REIT has launched BWell a certification program and process that will assess and award Boardwalk communities that prioritize the design, development and integration of innovative programs and strategies compliant with the safety, inclusivity, diversity and sustainability of their residents.

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A new organization aims to bring together key Canadian industries to establish a zero-emission vehicle supply-chain strategy. Accelerate wants involvement from every stage of the auto production supply chain, from mining critical minerals through to the manufacturing of the vehicle parts,

Energy Profiles

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Second life electric vehicle batteries can lower costs and provide environmental benefits to microgrid owners and utilities though getting them up and running at a reasonable cost isn’t always easy. Here’s what happens to recycled electric vehicle batteries.

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In November 2021, gas averaged $3.745 per U.S. gallon. North of the border in Canada, it sold for $4.811. In France, it was $7.002 and in the Netherlands, $8.605. In all of those countries, people tend to drive smaller cars that have greater fuel efficiency.

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The rapid growth of solar and wind power in recent years has breathed hope into global efforts to reduce greenhouse gas emissions. In 2010, solar and wind combined made up only 1.7 percent of global electricity generation. It climbed to 8.7 percent in 2020.

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Amazon has increased its renewable energy procurement by 40% since 2020 and is adding 18 more wind and solar projects. It has produced 5.6 gigawatts of electricity from its renewable sources in 2021 and expects to completely power its operations with renewable power by 2025.

Anchor Corporation

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Of the U.S. energy sectors that need to decarbonize — residential, industrial, commercial and transportation — industrial is the hardest nut to crack because the technologies tend to be less mature, more expensive, and companies are wary of investing in equipment upgrades.

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An Australian mining giant has signed agreements with three Canadian Indigenous nations to determine the viability of building green hydrogen projects as the company attempts to reinvent itself as a supplier of clean renewable energy.

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Tim Mawhood leads GHD Advisory’s business in the UK, Europe and Middle East. He advised on over $70bn of infrastructure transactions, and focuses on helping clients achieve net-zero aims with a particular focus on hydrogen, currently for projects across the EMEA.

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Larry Fink, BlackRock Inc.’s chief executive, has shaken up the corporate world by demanding companies in its portfolios prove they have a net-zero carbon emissions plan. He warned that lagging would mean potential proxy fights or even divestment by Blackrock.

Payquad

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Like insurers, Canada’s institutional investors are examining how ESG factors weigh into their operational decisions. An EY report on global institutional investors that includes Canada showed 74% are more likely to divest from companies with poor ESG track records.

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Canada Plastics Pact welcomed 15 new partners following last month’s release of its shared action plan to build a circular economy for plastic packaging in Canada. The new partners include consumer goods organizations, governments, a waste management company, non-profits, and others.

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Philippines-based plastic waste solutions company Plastic Credit Exchange (PCX) recently expanded into the US, where it will make available its plastic-waste offset program to American companies such as Herb + Flora, Peanut Butter & Co. and Touchland Hand Sanitizer.

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The U.S. generates more plastic waste than any other country, producing roughly 287 pounds of plastic per person per year. That adds up to about 42 million metric tons in 2016 nearly twice the amount of plastic waste generated in China.

Yardi Pulse

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TELUS released its 2021 Reconciliation and Indigenous Connectivity Report, an evolution from the annual connectivity report that shares inspiring stories of the transformative benefits that connectivity brings to Indigenous communities. This year’s report also includes TELUS’ first-ever Indigenous reconciliation action plan.

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Outside the classroom, business schools are redefining relations with Indigenous communities by learning to listen. In 2013, the University of Victoria’s Peter B. Gustavson School of Business founded the Indigenous Advancement of Cultural Entrepreneurship (I-ACE) program.

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The Chemainus River flooded the tiny Halalt First Nation on Vancouver Island during last month’s destructive storms, but the damage was minimized by an impromptu coalition of agencies being held up as a model for improving B.C.’s emergency response.

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Human activity has long endangered rivers with incursions of agriculture, dams, dikes, diversions, deforestation and urban development. Rivers have been paved over, polluted and rerouted. Now they’re threatened by climate change resulting in heat domes, droughts, wildfires and catastrophic flooding.

BIZ 

The Financial Accountability Office of Ontario (FAO) released a report detailing the costs to the province if it fails to adapt to a warming planet. Currently, it costs about $10.1 billion to keep Ontario’s public buildings in a quality state

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