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Townline builds out ESG bedrock for waste, embodied carbon
Townline builds out ESG bedrock for waste, embodied carbon
Developer and contractor Townline is building a foundation for its sustainability goals and showcasing its work on environmental construction practices with its inaugural sustainability report, the company’s ESG and sustainability specialist told Sustainable Biz Canada.
ATCO quintuples renewables assets from 2022 to 2023
Calgary-based engineering and energy company ATCO Ltd. (ACO-X-T) says it boosted its renewable energy ownership, management and development by more than five times from 2022 to 2023 in its latest sustainability report.
Sustainability: good for the environment and for business
Consumers are more environmentally conscious than ever, seeking out products and services from companies that align with their personal values, Redbrick CMO Marco Pimentel writes in a guest submission for Sustainable Biz Canada.
Lion Electric reports $29.8M Q1 loss
Quebec-based The Lion Electric Co. (LEV-T) says it lost $29.8 million in its latest quarter compared with a loss of $21.4 million in the same quarter last year, as it faced higher manufacturing costs.
HPQ Silicon signs MOU with Impact Funding Europe
HPQ Silicon Inc. (HPQ-X) has signed a memorandum of understanding (MOU) with Impact Funding Europe, an expert in international EU grant writing and change management, to advance HPQ’s silicon and silicon-based materials projects in the EU.
PlasCred announces 2023 year end results
Calgary-based plastic upcycler PlasCred Circular Innovations Inc. (PLAS-CN) has released financial and operating results for the year end of 2023. Highlights include: net loss from operations of $3.1 million and total assets of $2.1 million.
Innergex reports Q1 results
Longueuil, Que.-based Innergex Renewable Energy Inc. (INE-T) has reported financial results for the first quarter ended March 31, 2024. Highlights include: adjusted EBITDA proportionate of $170.7 million; and a 350 gigawatt-hour per year contract with Codelco in Chile.
Canadian Solar secures 193 MW of BESS projects in Japan
Canadian Solar (CSIQ-Q) has won three battery energy storage system (BESS) projects, totaling 193 megawatts, in Japan's first long-term decarbonization power source auction. Located in Aomori, Fukushima and Yamaguchi prefectures, they are expected to commence operations between 2027 and 2028.
Caisse struggles to deploy $10B for energy transition
The Caisse de dépôt et placement du Québec says it hasn’t been able to deploy the $10 billion it earmarked for energy transition investments, partly because it finds Asian governments’ long-term plans and support inadequate.
Vancouver climate tech VC firm announces seed rounds
Vancouver climate tech venture capital (VC) company Active Impact Investments is investing $7.5 million in seed capital in three startups out of its newest $70-million fund. Active Impact Investments currently has $140 million in funding under management.
A behind-the-scenes timeline of Alberta’s renewables pause
In August 2023, Alberta announced a surprise seven-month moratorium on new renewable energy projects. The government initially said its announcement was a response to requests from independent agencies that oversee Alberta's electricity system, but successive revelations have proved that untrue.
Saskatoon solar farm project back on agenda
Saskatoon's first utility-scale solar project could be back on the path to being operational by next summer. If approved, the solar project is expected to generate three megawatts per year, enough to power 475 homes.
Canadian climate finance is ‘falling short,’ Carney says
Canada is jeopardizing its competitive position by dragging its feet on major climate-related financial policies as allies quickly adopt global standards and green investing rulebooks, Mark Carney said on Wednesday.
We have to work harder to decarbonize Canadian industry
OPINION: To decarbonize our economy and hit our climate targets, we have to build a lot of low-carbon projects – fast. What’s needed is for the federal government to follow through on its commitments to strengthen Canada’s industrial carbon pricing system.
EV maker Lucid reports worse-than-expected loss in Q1
Electric vehicle (EV) maker Lucid Group Inc. (LCID-Q) lost an adjusted 30 cents a share in Q1, worse than the 25-cent loss expected on average in analyst estimates compiled by Bloomberg. Revenue of $173 million was above expectations.
World’s biggest carbon removal plant comes online in Iceland
Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon removal startup Climeworks. Dubbed Mammoth, the project is now the world’s biggest plant to suck carbon dioxide from the air.
Trump presidency is next worry for battered U.S. wind sector
Companies racing to build multibillion-dollar wind farms in U.S. waters are already contending with surging borrowing costs, supply-chain woes and project pullbacks. Now, they’ve got a new worry: Donald Trump.
Clean energy on the cusp of rolling back fossil fuels: report
Renewable energy will this year shrink fossil fuels’ reigning share of the global electricity market for the first time. That is the key finding of Ember, a leading energy think tank based in London.
KFC’s recipe for cutting restaurant emissions by 46%
KFC franchisees are being asked to follow the company’s stricter guidance for slashing their carbon footprint, through its Building Green initiative. That blueprint focuses on 11 "simple but meaningful" and mandatory measures.
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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