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Hazelview earns green certifications for multifamily portfolio
Hazelview earns green certifications for multifamily portfolio
Hazelview Properties, a Toronto-based real estate company, says it has met its goal to earn green certifications for its entire $7.2-billion Canadian multifamily portfolio. The certifications come from either the Canadian Certified Rental Building Program or BOMA BEST.
ThermalWood sees Obsidian as sustainable ebony alternative
Bathurst, N.B.-based ThermalWood Canada has developed an alternative wood product, marketed under the brand name Obsidian Ebony, that it hopes will help save the world's remaining ebony forests from destruction.
All oil-and-gas permits in B.C. waters relinquished, feds say
A news release from the office of Energy and Natural Resources Minister Jonathan Wilkinson says the relinquishment came from Chevron Canada, which has given up its 23 offshore permits along the coast of B.C. as of Feb. 9.
Caisse executives hail Northvolt as 'exemplary player'
Northvolt AB is an outstanding corporate citizen committed to an open dialogue with all stakeholders, according to executives from Caisse de dépôt et placement du Québec, which recently invested about $200 million to help Northvolt build its Montreal battery plant.
Quebec gives Nova Bus $19M loan despite its job cuts
Quebec has offered financial support of over $19 million to Nova Bus to “ensure the sustainability of its operations” while the e-bus manufacturer prepares to reduce its workforce by 125 people in the province by January 2025.
VinFast’s losses widen even as EV deliveries jump
Vietnamese electric vehicle (EV) maker VinFast Auto Ltd.’s (VFS-Q) losses increased during Q4 2023 as revenue jumped on the acceleration of automobile deliveries. It reported a net loss of $650.1 million in the quarter.
Rivian plans workforce cuts, scales back production
California-based EV manufacturer Rivian (RIVN-Q) said it plans to cut 10 per cent of its salaried workforce, after its stocks fell to a record low in response to profit and production forecasts below what its investors expected.
EV shift could prevent thousands of premature child deaths
Switching to EVs by 2050 could prevent thousands of premature deaths, along with millions of asthma attacks and respiratory illnesses in children in the United States, according to a new report from the American Lung Association.
All-electric plane joins B.C. aviation company's fleet
A Campbell River, B.C. aviation company is a step closer to training pilots in an electric aircraft. Sealand Flight this week took delivery of an all-electric Velis Electro aircraft that it intends to use to train new pilots.
Westbridge Renewable, CHAR named to TSX Venture 50
Westbridge Renewable Energy (WEB-X) and CHAR Technologies (YES-X) have been named top TSX Venture Exchange performers for 2023. The TSX Venture 50 comprises 10 companies from five sectors: clean technology and life sciences; diversified industries; energy; mining; and technology.
Industrial waste is keeping these Ottawa-area buildings warm
At the Zibi development along the Ottawa River, 615,000 square feet of residential and office space on either side of the river are being heated with waste heat from the nearby Kruger Products plant in Gatineau, Que.
Saint-Gobain to reduce Scope 1 CO2 emissions at Van. plant
French construction company Saint-Gobain has installed a heat exchanger system on its industrial drywall board dryer at its facility outside Vancouver, which is expected to reduce the plant’s Scope 1 carbon dioxide (CO2) emissions by nearly 15 per cent.
Sustainalytics reveals road to net-zero rankings
Morningstar Sustainalytics' Low-Carbon Transition Rating is comprised of two components: a company’s exposure to specific carbon risks and opportunities, and its management of those risks. Scotiabank (BNS-T) sits atop the rankings with a score of 73.2.
Is ESG investing counterproductive?
OPINION: Evidence on the ability of ESG investing to affect firms’ costs of capital is mixed, but if it is successful in achieving the objective of pushing companies to be greener, the result may be, counterintuitively, counterproductive.
EU formalizing rules for taking CO2 out of the atmosphere
The EU took a significant step toward legitimizing technologies that suck CO2 out of the atmosphere by agreeing to set up a certification process. The new rules will dictate what counts as carbon removal.
U.K. quits controversial energy charter treaty
The U.K. is pulling out of a treaty that lets fossil fuel firms sue governments over their climate policies. Britain joins France, Germany, Spain and the Netherlands in withdrawing from charter it says "penalizes" the shift to net-zero.
Can the Okanagan wine industry survive climate change?
A 2022 deep freeze devastated the Okanagan wine industry. According to a June 2023 report by Vancouver-based consultancy Cascadia Partners, an estimated 54 per cent of the grape crop was lost. The report pegged financial losses at $133 million.
Federal government announces greener operations at the CSA
Slated to begin this spring, the Canadian Space Agency (CSA) will perform a life cycle assessment on one of its space projects to gather relevant data on the environmental impacts of space project contracts.
Nearly all new U.S. power plants built in 2024 will be clean energy
Not long ago, people called wind, solar and batteries “alternative energy.” That old moniker has now lost its meaning: in 2024, the U.S. power industry is choosing clean energy for almost all its new capacity additions.
India looks to boost rooftop solar, especially in remote areas
India has streamlined the approvals process for rooftop solar connections, made it easier for people to claim subsidies and pushed mountains of cash to encourage faster adoption of technology that’s seen as critical to reach the country's clean-energy goals.
Industry Events
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ESG Summit Canada
Oct 30 2024
Arcadian Court, Toronto
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Greenbuild 2024: Built to Scale
Nov 12 2024
to Nov 15 2024
Pennsylvania Convention Center, Philadelphia, PA
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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