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Canadian companies struggling to turn climate promises into deeds: CEC
Cdn. companies not turning climate promises into deeds: CEC
The first edition of a climate benchmark created by Climate Engagement Canada (CEC) for TSX-listed companies has found almost every company is disclosing climate risk, but none have openly committed the capital to turn their words into actions.
Building the business case for a low-carbon retrofit
KingSett Capital's success of establishing a compelling business case for a decarbonization retrofit at Scotia Plaza’s 100 Yonge St. building serves as an example for similar projects, according to an executive behind the award-winning upgrade.
Labatt to cut GHGs by 30% at Montreal brewery
Labatt Brewing Company Ltd. has made a $6-million investment in its Montreal brewery that it says will slash greenhouse gas (GHG) emissions by 30 per cent, contributing to its 2025 and 2040 climate commitments..
Is it time to change how Canada funds the cleantech industry?
Canadian cleantech executives are growing worried about the sector’s ability to raise capital as the future of Sustainable Development Technology Canada – a crucial source of funding – remains uncertain after months of corruption accusations and political controversy.
Anaergia announces strategic investment of $40.8M
Burlington, Ont.-based renewable fuels company Anaergia (ANRG-T) has announced a $40.8-million equity investment by Marny Investissement SA. Anaergia intends to use the proceeds to pay accounts payable and to fund ongoing activities.
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Alberta's renewable pause could become lingering stumble
It was just supposed to be a pause. But experts say the six-month moratorium on project approvals slated to come off in February could turn out to be a crucial stumble that costs Alberta its renewable energy lead, perhaps forever.
Alta. First Nations invest $20.5M in emissions-reducing unit
The Alberta Indigenous Opportunities Corporation has closed a $20.5 million deal to provide five Indigenous Nations, united as Niyanin Nations LP, the opportunity to invest in a 15-megawatt cogeneration unit at the Wembley Gas Plant, in Grande Prairie.
BMO provides green financing for new UofT building
University of Toronto's Trinity College is the first North American post-secondary institution to secure a labelled green loan. Arranged by BMO (BMO-T), the loan will be used for the construction of the Lawson Centre for Sustainability.
Toronto university plans to use sewers to heat its campus
York University plans to tap into wastewater to heat its Glendon campus, replacing gas-fired boilers and virtually eliminating its carbon footprint. Noventa, a renewable energy company, will design the system with an eye to starting construction in late 2024.
Auto dealers assn. demands more EV charging stations
The Canadian Automobile Dealers Association is raising concerns about electric vehicle (EV) affordability and charging infrastructure. It says the regulated sales targets for zero-emission vehicles are not achievable without more charging stations and government efforts on affordability.
Canada will require all new cars to be zero-emission by 2035
All new cars in Canada will have to be zero-emissions by 2035, the government will announce next week, according to the Toronto Star. The new regulations will shorten the lengthy wait times for EVs that have been dampening consumer demand.
NFI receives interest-free loan from federal government
Winnipeg-based electric bus maker NFI Group Inc. (NFI-T) announced a non-interest-bearing $10 million investment from Prairies Economic Development Canada through Canada’s Jobs and Growth Fund to support the expansion of NFI’s zero-emission heavy-duty transit and coach offerings.
Nova Scotia outlines plan to support green hydrogen industry
Nova Scotia released its Green Hydrogen Action Plan on Friday, but environmentalists say the government should temper its enthusiasm to make sure the fledgling industry brings benefits to the province without causing collateral damage.
Retrofitting Edmonton homes to become net-zero ready
As more people look for greener solutions, homes in Edmonton are being transformed to become more energy-efficient. The houses may look brand new, but some are more than 50 years old and only a step away from becoming net-zero.
Toronto office puts sustainability principles into practice
The Ontario Teachers’ Pension Plan prides itself on investing in sustainable companies. So, in planning to move its head office to a new downtown Toronto building, it’s placing emphasis on the impact and sustainability of its own furnishings and materials.
Plug and Play Alberta announces partnership with Shell Canada
Shell (SHEL-N) Canada has joined the Plug and Play Alberta sustainability program to leverage emerging technologies while also seeking future partnerships and investments in startups. The collaboration will enable Shell Canada to source and partner with top technology startups.
The ways rural Canadians are more vulnerable to climate change
The Canada in a Changing Climate report found rural and remote communities experience "higher risks to health, safety and well-being from critical infrastructure decline or failure." The report compiled 10 key conclusions from half a dozen reports published since 2017.
The battery domino effect
A report from the Rocky Mountain Institute found a "battery domino effect" is set to enable the phase-out of over half of global fossil fuel demand, and be instrumental to abate transport and power emissions.
U.K. plans carbon tax on imported goods like steel from 2027
The British government announced plans Monday to charge a carbon levy on imported raw materials such as aluminum, iron, steel and cement starting in 2027, in an attempt to prevent firms being undercut by overseas producers.
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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