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Fengate combines ESG reporting, sets companywide baselines
Fengate combines ESG reporting, sets company baselines
Fengate Asset Management’s firmwide sustainability report marks the first time it has publicized and standardized its company-wide initiatives, as the firm moves away from its past practice of sharing selected metrics within its various investor groups.
HPQ Silicon commissions fumed silica reactor pilot plant
HPQ Silicon Inc. (HPQ-X) has announced the commissioning of its Fumed Silica Reactor pilot facility, putting the Montreal company one step closer to commercializing the technology that produces silica with half as many greenhouse gas emissions.
Scotiabank issues $1.25B sustainability notes
Scotiabank (BNS-T) has issued $1.25 billion, five-year sustainability notes, its first offering to the Canadian market under its Sustainable Issuance Framework. The notes represent the largest sustainability note by any financial institution or corporate in the Canadian market.
U.S. Inflation Reduction Act causing Cdn. brain drain: CEOs
Some Canadian CEOs say the hundreds of billions of dollars the United States is offering in subsidies for the energy transition is causing a worrisome brain drain of some of this country’s top talent.
4 innovative Indigenous-led clean energy projects
Clean energy projects are booming in Indigenous communities, with big gains in the number of solar, bioenergy, wind, hydro and battery storage projects. Here are a few recent examples, ahead of National Truth and Reconciliation Day on Sept. 30.
Volt Lithium commences U.S. field operations
Calgary-based Volt Lithium Corp. (VLT-X) has started U.S. field operations in the Permian Basin in Texas, and has successfully produced lithium concentrate from its field unit. The company says this puts it on a path to full-scale commercialization.
SolarBank developing 5.4MW project in N.Y. state
Toronto-based SolarBank Corp. (SUUN-Q) says it intends to develop a 5.4-megawatt DC ground-mount solar power project in Broome County, N.Y. The project is expected to be eligible for incentives under the state's Energy Research and Development Authority NY-Sun Program.
Enterprise Group inks exclusive agreement with FlexEnergy
St. Albert, Alta.-based Enterprise Group, Inc. (E-T), an energy company that focuses on greenhouse gas-reducing technology, has signed a strategic exclusivity agreement with U.S.-based FlexEnergy Solutions, an original equipment manufacturer of turbine and microturbine power generation equipment.
Northvolt goes from EU battery hope to symbol of EV bust
Northvolt AB was supposed to power Europe’s response to the likes of Tesla Inc. (TSLA-Q) and China’s fast-growing electric vehicle (EV) makers. Instead, the Swedish battery company is fighting to stay afloat.
The West is in EV denial
OPINION: Innovation and risk-taking are not impulses that come naturally to legacy carmakers. It is a twin problem: These companies are complacent about their right to exist and they refuse to reinvent themselves as tech companies that build cutting-edge products.
Hyundai’s EV plans going just fine despite market turbulence
The umbrella lofted by South Korean megacorporation Hyundai Motor Group covers cars from Hyundai, Kia and Genesis Motor. Combined, it is the second-biggest EV manufacturer in the U.S. behind Tesla (TSLA-Q). But Elon Musk’s lead is slipping.
British classic EV firm aims to build electric MGs in U.S.
RBW EV Cars, a British firm that’s built its reputation on converting classic MG sports cars into EVs, wants to expand into the U.S. with a new facility it hopes will churn out about 250 cars per year.
Colombia looks to post-oil future in $40B transition plan
Colombia is set to announce a US$40-billion investment plan aimed at replacing fossil-fuel export revenues that are expected to decline after the country ended new oil and gas exploration two years ago.
Emerging countries dominate voluntary carbon credit market
Colombia, Kenya, Cambodia, Mexico and Peru are leading the way for voluntary carbon markets. These countries stand out for their proactive approach to carbon regulation and their willingness to integrate international mechanisms to facilitate the trading of emission reduction credits.
Power thirst complicates ESG investors’ love for tech stocks
Investors who manage hundreds of billions of dollars are pressing tech giants for more information on the power needed for artificial intelligence and advanced computing, to help decide whether the sector should stay heavily represented in sustainable funds, investors said.
Bankers say what they really think about net-zero
On Wall Street, there’s a new message making the rounds. It’s one that says reaching net-zero may be as difficult as, say, driving through midtown Manhattan during the United Nations General Assembly.
China plans ‘most powerful’ wind turbine with 850-foot rotor
Chinese state-owned manufacturer CRRC announced plans to introduce a 20-megawatt wind turbine model, one of the most powerful in the industry to date, targeting the floating wind market. At full speed, it produces 40 kilowatt-hours of electricity per rotation.
Shell scraps Norway blue hydrogen project
Shell Plc’s (SHEL-N) Norwegian unit won’t pursue a project that would have used natural gas from its Nyhamna processing facility to make blue hydrogen, due to a lack of demand.
Home insurance denied for some Canadians using solar panels
More Canadians are installing solar panels on their homes, but some are facing challenges when it comes to getting home insurance after the panels are put in. The Insurance Bureau of Canada says it is a rare occurrence.
Basement-free buildings are better for the future climate
As climate change boosts the risk of extreme rainfall and flooding in many parts of Canada, some Montreal-area politicians have implemented or proposed bans on basements — the most flood-prone part of a house — in vulnerable parts of the city.
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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