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Sanofi Canada invests $180M to reduce environmental footprint

5 months ago

Sanofi invests $180M to reduce environmental footprint

Sanofi Canada is investing $180 million toward a major infrastructure upgrade to its Toronto Campus with the goal of reducing its environmental footprint by 50 per cent. The upgrades are expected to reduce emissions by 15,000 tonnes per year.

alterBiota raises $4M for low-carbon concrete additive

Sydney, N.S.-based alterBiota has received $4 million in seed funding to increase hiring and upgrade its commercial-scale facility to make a concrete additive based on biographene made from wood byproducts.

Siemens hopes to ease EV fleet adoption with Depot360

Siemens has launched an all-in-one fleet electrification service called Depot360, covering the installation of electric vehicle (EV) chargers, maintenance and optimal charging to lower costs for fleet operators.

Carbon capture plan faces doubts after $2.4B project ended

Edmonton-based Capital Power Corporation (CPX-T) has scrapped plans for a $2.4-billion carbon capture project, one of Canada’s largest, dealing a blow to the country’s efforts to reduce emissions from industries that produce or heavily use fossil fuels.

Microsoft, Brookfield sign biggest-ever clean power deal

Brookfield Asset Management (BAM-T) and Microsoft (MSFT-Q) will develop new wind and solar farms, providing over 10.5 gigawatts of renewable energy capacity in the U.S. and Europe in the biggest corporate clean-energy purchase agreement ever announced.

Ottawa's $8B climate fund failing to attract largest emitters

The federal government's $8-billion program, intended to help the largest-emitting manufacturing industries reduce their emissions, has failed to entice them, says a report released this week by Jerry DeMarco, the federal commissioner of environment and sustainable development.

How Van. plans to reduce emissions from largest buildings

Starting June 1, Vancouver’s largest commercial buildings — those over 100,000 square feet such as office towers, shopping malls and institutional buildings — will have to start reporting what their emissions are, estimated by how much energy they are using.

Toronto factory converted to net-zero — and turns a profit

While most “green” buildings are new builds, typically flaunting industry standards like LEED Platinum, Toronto's Alliance Avenue edifice shows that old buildings, which have a harder time getting these kinds of certifications, can actually be more environmentally responsible.

Ont. eyeing discount rates for low-demand EV charging

The Ontario government is taking steps to increase access to public EV charging stations by exploring options to introduce new discounted electricity rates for charging stations in low-demand areas.

Alta. needs fuel infrastructure to increase hydrogen vehicles

Businesses are touting the potential for hydrogen to dramatically reduce greenhouse gas emissions from commercial transportation. But when it comes to getting more vehicles rolling on Alberta streets and highways, industry officials say they haven't closed the distance yet.

Winnipeg Transit to award hydrogen contract to Alta. firm

Winnipeg Transit is poised to award a $9-million contract to Azolla Hydrogen, an Alberta company that will design and build a means of using methanol to generate hydrogen to fuel new zero-emission buses.

Toyota establishes hydrogen HQ to push fuel cell tech

Toyota Motor North America is renaming its R&D California office as its new North American Hydrogen Headquarters (H2HQ). There are plans to add key features to the H2HQ campus such as a microgrid and a sustainable education centre.

Rivian reaffirms plans for $6.9B Georgia EV plant

Rivian (RIVN-Q) has reaffirmed its commitment to build its $6.9-billion Social Circle, Ga., EV plant, despite an ongoing construction pause, according to a letter from the electric automaker.

Aduro Clean Technologies reports Q3 results

Sarnia, Ont.-based Aduro Clean Technologies Inc. (ACT-CN) filed its interim consolidated financial results for the three and nine months ended Feb. 29, 2024. Highlights include a 304 per cent increase in year-to-date revenue over the same period last year.

Ceres launches tool for companies to improve sustainability

Developed by Ceres, a non-profit working to accelerate the energy transition, the Ceres Roadmap 360º equips small- and medium-sized businesses with learning modules covering a range of topics that are most important to their sustainability journey. 

Will SBTi survive the storm over carbon offsets support?

Science Based Targets initiative's (SBTi) hokey-pokey on carbon offsets has angered many business leaders and climate organizations, even leading to calls for the organization to step aside. One thing is certain – SBTi has shaken the net-zero sector all about.

Clean energy in rural America gets another big boost

On Tuesday, the U.S. Department of Energy announced $106 million for 19 clean energy projects in rural communities from Alaska to Alabama, for installing everything from solar and batteries to power lines and heat pumps.

Where will jobs in the 'just transition' be found?

Karen Perry of Hatch — a global consulting firm that provides project and construction engineering, business consultation and operational services — says the transition to green energy will be a "massive challenge" but there will be benefits for Newfoundland and Labrador.

Patagonia cracking the code on endlessly recyclable wetsuits

Patagonia's latest wetsuit prototype looks and feels like any other, but it’s made in part from the company's used wetsuits, broken down at a molecular level. It too will be melted down at the end of its life and reborn.

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