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Equitable Bank launches inaugural Sustainable Bond Framework

7 months ago

EQ Bank launches inaugural Sustainable Bond Framework

Toronto-based Equitable Bank (EQ Bank) says it is increasing its focus on sustainability by launching a Sustainable Bond Framework which paves the way for the issuance of green, social and sustainability bonds.

EV battery components firm plans $60M Windsor facility

A subsidiary of South Korea-based DSEV, DS Actimo Canada Inc., is investing $60 million to build a 107,000-square-foot facility in Windsor to manufacture components for electric vehicle (EV) batteries. It will be the company's first North American facility.

Massive hydrogen operation has some in N.L. on edge

A multibillion-dollar megaproject in Newfoundland, led by World Energy GH2, is one step closer to becoming Canada’s first commercial green hydrogen operation. Some in the country’s easternmost province, however, wonder whether their government has learned from its mistakes.

Riskthinking.AI data to power climate scenario analysis

Riskthinking.AI was selected by the Office of the Superintendent of Financial Institutions to provide the necessary climate risk data for approximately 400 financial institutions that are required to complete the 2024 Standardized Climate Scenario Exercise.

Lion Electric's EV dream hits a bump in the road

Hopes that Lion Electric (LEV-T), Canada's largest homegrown all-EV maker, would have first-mover advantage in the EV truck market are fading as orders from big-name clients like Amazon and Ikea fall short.

Ontario won’t make EV chargers mandatory in new homes

The Ontario government won't reverse its controversial decision to pull the plug on mandatory EV chargers for new homes despite spending billions to subsidize EV production. Developers say the plugs add $500 to the cost of a new house.

EVs are twice as hard to sell today

As automakers continue to delay their EV plans and report lower-than-expected sales, Canada’s goal of ensuring that at least 20 per cent of new vehicles sold by 2026 are electric seems to be in jeopardy.

All-electric tugboats ready for action in Vancouver harbour

SAAM Towage Canada officially launched its zero-emission alternatives in Vancouver harbour Wednesday – two all-electric tugboats capable of safely bringing massive ships to dock while keeping about 2,400 tonnes of carbon out of the atmosphere per year.

XNRGY building Arizona sustainable manufacturing plant

Quebec-based XNRGY says it has broken ground on a 275,000-square-foot sustainable manufacturing facility in Mesa, Ariz. The groundbreaking ceremony represents the start of a four-phase development plan, ultimately creating a 1,000,000-square-foot sustainable manufacturing hub.

Groups call on B.C. government to halt LNG expansion

Dozens of climate-action groups are calling on B.C. to halt plans to expand liquefied natural gas (LNG) production. The groups argue that plans for five new LNG plants in B.C. do not align with global efforts to limit climate change.

B.C. to receive over $26M in climate-related infra upgrades

Infrastructure in the province of B.C. will be shored up against the impacts of climate change and severe weather after a combined investment of more than $26 million from the federal, provincial and municipal governments. 

Report outlines potential for methane pyrolysis in B.C.

The B.C. Centre for Innovation and Clean Energy has released a report, The Potential for Methane Pyrolysis in B.C., which examines near-term opportunities in low-carbon hydrogen production and deployment in British Columbia and beyond.

RBC fields questions on climate at annual meeting

Royal Bank of Canada (RY-T) chief executive officer Dave McKay says the lender is continuing to assess its climate change impact, responding to a parade of questions on Thursday from shareholders on the environment and Indigenous rights.

Lithium market struggles to recover after boom and bust

A stuttering recovery in lithium prices is providing a reminder of why the dramatic rally of recent years was followed by an even more breathtaking collapse: a fast-expanding industry that is more prepared than ever to keep pumping out supplies.

California battery plant to be among world’s largest

A battery plant near Los Angeles will be among the largest in the world when it comes online later this year, promising to shore up California’s power grid during the peak summer season and help the state meet climate goals.

U.S. sets standard to purge ‘forever chemicals’ from drinking water

The U.S. Environmental Protection Agency announced its first-ever drinking water standard to protect people against toxic “forever chemicals” found in many household and everyday items, and offered $1 billion to states for public water system testing.

Japan, U.S. to collaborate on cutting floating offshore wind costs

Japan has agreed to partner with the U.S. to help reduce the cost of floating offshore wind projects, the White House said in a statement released during Prime Minister Fumio Kishida’s visit to Washington to meet with President Joe Biden.

Japan’s GHG emissions fall 2.5% to record low

Japan’s greenhouse gas (GHG) emissions fell 2.5 per cent to a record low in the fiscal year through March 2023, data showed, helped by reduced emissions in the industrial and service sectors, the lowest since data collection began in 1990/91.

Investors turn to 'solar grazing' sheep in push to go green

Investors are deploying flocks of sheep to trim the grass covering their solar panel installations as they seek to burnish their green credentials and win local support for sometimes divisive new renewable energy projects.

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