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SMEs reap rewards of climate action in average of 16 months: BDC
SMEs reap rewards of climate action in avg. of 16 months
Climate investments made by small- and medium-sized enterprises (SMEs) are recouped in 16 months on average and result in more engaged employees, according to a survey by the Business Development Bank of Canada (BDC).
Canada, UAE launch low-carbon cement, concrete action
Canada and the UAE unveiled the Cement & Concrete Breakthrough initiative at the COP28 climate conference, with the intent of sharing ways to decarbonize the building materials globally. Germany and the U.K. are among the first countries to join the initiative.
Gensler creates Product Sustainability Standards
Architectural and design firm Gensler hopes its product sustainability standards will reverberate across the industry, encouraging its peers to adopt more climate-friendly building materials. The Gensler Product Sustainability Standards will cover 12 of the most commonly used building products.
EllisDon launches sustainable building platform EKO
Mississauga-headquartered construction company EllisDon has launched EKO, a data-driven platform to boost energy efficiency and reduce greenhouse gas emissions in buildings. EKO is already being used at The Joyce Centre for Partnership and Innovation at Mohawk College.
Canada introduces framework to cap oil, gas sector emissions
In a policy framework released Thursday, the federal government said it wants to see Canada’s biggest polluting sector cut emissions by 20 to 23 per cent below 2019 levels by 2030. Alberta has already promised to challenge the policy.
Brookfield significantly under-reporting emissions: report
A report by the group Investors for Paris Compliance says Brookfield Corp. (BN-T) is substantially under-reporting its carbon emissions, even as the firm's head of transition investing Mark Carney emphasizes the importance of increased disclosures. Brookfield denies the allegation.
Fossil fuel phase-out among options on COP28 table
Countries at the COP28 climate conference are considering calling for a formal phase-out of fossil fuels as part of the UN summit’s final deal to tackle global warming. The proposal is set to spark heated debate among the participant nations.
Carbon tax hardly impacts Canada's affordability: study
With some politicians and policymakers pointing fingers at emissions pricing for high costs of living, new research by the University of Calgary’s School of Public Policy shows that blaming the tax isn’t necessarily a valid argument.
Li-Cycle, Glencore comment on discussions
Glencore said it could become beneficial holder of more than 10 per cent of the issued and outstanding common shares of Li-Cycle (LICY-N). Last month, Li-Cycle engaged Moelis & Company as financial advisor to assist in evaluating financing and strategic alternatives.
CarbonCure enters the African market
Halifax-based carbon removal company CarbonCure is entering the African market by integrating its technology into ARISE Integrated Industrial Platforms' concrete production process at its facilities in Benin and Gabon. CarbonCure's process permanently embeds CO2 in concrete during the mixing process.
DevvStream lands World Finance Innovation Award for 2023
Vancouver-based carbon credit project developer DevvStream (DESG-NE) has been named 2023’s Most Innovative Company in the Carbon Offset Industry by World Finance. The World Finance Innovation Awards recognize industry leaders who are disrupting systems of production, management and governance.
Toronto company helping cities tackle climate change
By targeting thousands of windows in urban areas, Toronto-based Morgan Solar’s smart blind system – equipped with sensors that help regulate a building’s thermal load – not only helps reduce heating and cooling needs, but also converts solar energy into electricity.
Bloomberg launches green-tilted fixed income indices
Bloomberg has announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg's flagship offerings such as the Global Aggregate, Treasury and Corporate Indices.
Canada must do more to connect the EV supply chain: execs
Canadian ambition to be a force in electric vehicles (EVs) could be driven off course by insufficient support for key segments within the supply chain, including the lack of a strategy to attract capital with government incentives, industry executives say.
GM’s all-electric pledge hinges on demand: CEO
GM’s (GM-N) pledge to have an all-electric fleet by 2035 hinges on consumer acceptance, CEO Mary Barra said. GM still aims to convert all of its vehicles to battery power by then, but could back off if consumers aren’t ready.
Fisker’s stock hits all-time low
Shares of luxury EV maker Fisker Inc. (FSR-N) dropped more than four per cent Wednesday amid rallies for shares of other EV names and a broader advance for U.S. equities. The stock has dropped 79 per cent this year.
U.S. outlines measures to cut methane emissions by 80%
The United States has announced a major crackdown on methane emissions as part of a new effort by several countries at the COP28 summit to curb the “super pollutant” that is responsible for turbocharging the climate crisis.
The start of a climate success story
OPINION: While progress has been made on methane, more needs to be done. Scientists, governments and industry agree it can happen at a reasonable cost. Cutting methane by 30 per cent by 2030 is a key part of the plan.
B.C. group to convert grape waste into food ingredients
Crush Dynamics, a collaborative initiative to create food ingredients from discarded skins, stems and pits from wine grapes, has netted a nearly $2-million grant from the Canadian Food Innovation Network.
Is solar the future of boating?
The Solaris, hailing from Kingston, N.Y., is the first U.S. Coast Guard–approved solar-electric boat in the nation, and that approval means it is allowed to operate commercially. Its creator wants to "replace every fossil boat with a solar-electric boat."
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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