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ESG a competitive advantage in venture capital: BDC Capital
ESG a competitive advantage in venture capital: BDC Capital
Most of Canada’s general partners and portfolio companies in venture capital and mid-market private equity have room to grow on their ESG journeys, according to a survey by Business Development Bank of Canada (BDC) Capital.
Deep Sky to pilot Equatic’s DAC seawater tech at Que. facility
Montreal-based carbon removal company Deep Sky will host the pilot project for direct air capture (DAC) technology developed by Los Angeles-based Equatic, adding to the growing roster of firms testing solutions at Deep Sky’s Quebec facility.
Crown's leading GRESB result caps ESG progress in 2022
A leading position in the 2023 GRESB real estate assessment is a catalyst for further improvements in Crown Realty Partners’ environmental performance, according to Emily Hanna, a managing partner of investments at the Toronto-based real estate investment and management firm.
Ottawa's 2030 climate plan can't be trusted: watchdog
The federal government’s accountability plan to hit Canada’s 2030 climate target is actually an unreliable blueprint that can’t be trusted, the federal environment commissioner has concluded. Jerry DeMarco said the plan falls short of what’s needed to hit the target.
SDTC CEO, chair defend embattled federal agency
Leaders of embattled federal clean-technology agency Sustainable Development Technology Canada (SDTC) pushed back against the results of a third-party investigation that led to its funding powers being suspended. Board chair Annette Verschuren and CEO Leah Lawrence defended the agency's actions.
B.C., N.L. agree to share details on growing hydrogen sectors
The premiers of British Columbia and Newfoundland and Labrador have agreed to share information on developing the hydrogen energy sector in both provinces in a bid to increase efficiency. Over half of Canada’s hydrogen and fuel-cell companies are in B.C.
Green hydrogen and billions in Shawinigan
A green hydrogen producer convinced Quebec to offer it an energy block for a project worth billions in Shawinigan, La Presse learned. In return, the developers proposed to invest in the construction of nearly one hundred wind turbines and a solar park.
Update coming on $16.5B Pathways Alliance project
The CEO of MEG Energy Corp. (MEG-T), one of the oilsands companies behind the Pathways Alliance, says the group expects to provide a significant update on its proposed $16.5B carbon capture and storage project within the next couple of months.
Metro Inc. sets company-wide SBTi-based emission targets
Following its commitment in October 2022 to evaluate the feasibility of achieving the Science Based Targets initiative (SBTi) net-zero standard, Montreal-based grocer Metro (MRU-T) will set near-term company-wide greenhouse gas emission reduction targets in line with the SBTi standard.
Carbon removal pushed as potential boon for Cda.'s west
Emerging technologies to pull carbon dioxide out of the atmosphere are a potential economic boon for Western provinces, and a necessity for Canada to achieve its commitment to net-zero emissions by mid-century, according to Carbon Removal Canada.
Canada failing climate targets, jeopardizing transition
Canada and other major fossil-fuel-producing countries are failing to meet targets to keep global warming in check, a newly released major international report, The 2023 Production Gap, warned, putting the world’s energy transition at risk.
Reconciliation Energy Transition adds Sonya Savage to Board
Calgary-based Reconciliation Energy Transition Inc. has announced the appointment of Hon. Sonya Savage, Alberta's former Minister of Energy, Minister of Environment and Protected Areas and Minister of Justice and Solicitor General, to its Board. Savage developed Alberta's 2023 climate strategy.
Ottawa's slow pace threatens Lion Electric's order book
Nearly half of Lion Electric's (LEV-T) order book is at risk because of Ottawa's slowness in processing subsidy requests, warns the Quebec-based electric truck and bus maker. It says Infrastructure Canada's Zero-Emission Public Transportation Fund is an “administrative burden.”
EV chargers distributed unequally in Canada: audit
The national infrastructure program to install chargers for passenger electric vehicles (EVs) is concentrated in a small number of provinces and has no data to show where the biggest gaps are, a new audit by the federal environment commissioner says.
Will EV insurance rates soar in Canada?
As a result of higher repair bills, EV drivers around the world are starting to see massive increases to their insurance premiums. Canadians might not be seeing this yet, but premium increases could become a reality here too.
Taiga Motors produces its 1,000th off-road EV
LaSalle, Que.-based electric recreational vehicle manufacturer Taiga Motors Corporation (TAIG-T) has produced its 1,000th vehicle. The milestone was celebrated with the completion of an OrcaTM Performance, a fully electric personal watercraft. The Montreal production facility opened in 2022.
Victoriaville, Que.: A unique, circular, sustainable city
Victoriaville presents itself as the cradle of recycling in Quebec. The first blue bins appeared there in the early 1980s and locals pioneered the recycling of other materials like paint. Now, Quebec has designated Victoriaville, “City of circular and sustainable innovation”.
Group to drive European innovation in battery cell production
A group including Capgemini and the Fraunhofer Research Institution for Battery Cell Production FFB have announced the foundation of the Technology Cluster Battery Cell. The initiative aims to develop differentiating methods and tools to drive innovation in battery cell production.
A new set of standards for sustainable material use
Global architecture firm Gensler is launching a set of standards that define minimum sustainability criteria for high-volume materials used in architecture and interior projects. The database is open to all building industry sectors who oversee renovations.
New crisis looming in commodity 400 times bigger than oil
It’s something we use everyday — couldn’t survive without, actually — and often take for granted. Yet freshwater could run out by 2040 at our current rate of consumption, says a report by BofA Global Research.
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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