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FigBytes acquired by ESG data company AMCS

1 year ago

FigBytes acquired by ESG data company AMCS

FigBytes, the Ottawa-based developer of an ESG data reporting and compliance service, has been acquired for an undisclosed amount by AMCS Group, an Irish firm offering cloud-based software for the environmental, utilities, waste and recycling industries.

Purpose Investments opens clean energy thematic fund

Purpose Investments Inc. is launching the Purpose Tactical Thematic Fund (RTT-NE) on Cboe Canada with an interest in emerging fields like new technology and clean energy, offering investors early exposure to trending industries and sectors.

Azzera looks to simplify aviation emissions compliance

Azzera’s newly launched Celeste, a B2B platform for aircraft operators, is aiming to create a seamless system for the aviation industry to act sustainably, according to Puja Mahajan, the CEO and co-founder of the Montreal-based firm.

Canadian Solar to build $800M facility in U.S.

Canadian Solar (CSIQ-Q) plans to invest $800 million to build a solar photovoltaic cell production facility in Jeffersonville, Ind. It said the plant would produce cells with an annual output of five gigawatts, or about 20,000 high-power modules per day.

Canada should embrace mass timber to cut emissions: RBC

Mass timber has huge potential when it comes to reducing the carbon footprints of buildings, and Canada is well-positioned to become a world leader in the space, according to a new report from the RBC Climate Action Institute.

Grosvenor announces strong 2023 GRESB scores

Grosvenor, an international property owner and developer with a 70+ year track record in North America, announced higher annual scores from the Global Real Estate Sustainability Benchmark (GRESB), underscoring the company’s successful ongoing efforts to reduce carbon emissions.

Sponsored by: Grosvenor

What U.S. regional hydrogen hubs mean for B.C.

While U.S. hydrogen hubs may pose a competitive challenge for Canadian proposals, they could also bring potential benefits for B.C. companies in the hydrogen space, according to Matthew Klippenstein, the executive director of Hydrogen BC.

How Ont. can make it or break it on hydrogen: report

Not-for-profit H2GO has released a report, Forecasting Low-Carbon Hydrogen Market Characteristics in Ontario to 2050, that introduces a hydrogen ecosystem model simulating future hydrogen market scenarios. The model can be used to plan investments in low-carbon hydrogen facilities and infrastructure.

Aduro Clean Technologies upgrades its trading tier

Sarnia, Ont.-based Aduro Clean Technologies (ACTHF), a company that transforms lower-value feedstocks into into higher-value fuels or renewable chemicals, has upgraded its trading tier on the OTC Markets to the OTCQX Best Market from the OTCQB Venture Market.

New federal call for proposals for smart grid projects

Ottawa has announced the launch of a smart grid call for proposals. Funded through Canada's Energy Innovation Program, selected projects will provide support to the key technology, market and regulatory innovations addressing barriers to scale pilot projects into grid-wide deployments.

Ontario’s last coal-fired plant reduced to rubble

Located on Mission Island on the shores of Lake Superior, Ontario Power Generating Station in Thunder Bay was the last of four plants that were closed and demolished as part of Ontario’s phase-out of coal-fired electricity generation.

Building Canada’s cleaner and greener energy future

The World Economic Forum ranks Canada 19th out of 120 countries on its Energy Transition Index. Countries leading Canada tend to be those diversifying their mix of energy, have strong institutional and regulatory frameworks and are open to new technologies

Thousands more EV charging stations needed in Metro Van.

A new report presented at Metro Vancouver's Climate Action Committee says the city will need thousands more charging stations worth up to $2.9 billion in order to support electric vehicle (EV) demand by 2050. 

Ford delays construction on second Kentucky battery plant

Ford (F-N) announced a delay in production at one of its two battery plants in Hardin County, Ky. The decision to postpone the second plant is due to current demand for EVs in the U.S. not meeting anticipated levels.

Panasonic cuts battery unit’s profit outlook

Panasonic Holdings, which supplies Tesla (TSLA-Q), said on Monday it had cut automotive battery production in Japan and shrank the division’s annual profit forecast by 15 per cent, underscoring a global slowdown in EV sales.

How Airbus is working to meet climate goals

Benoit Schultz, CEO of Airbus Canada, offers insight into the company’s decarbonization plans in areas such as sustainable aviation fuel, the challenges of doing business in a high interest rate environment and the future of aviation.

Cda.’s energy-security future hinges on renewable growth

Renewable energy offers not only a more sustainable path forward; it can reduce the negative impact of geopolitics on energy security, according to Nichole Dusyk, senior policy adviser with the International Institute for Sustainable Development.

How the U.S. Green Building Council greened its HQ

The U.S. Green Building Council says its newly built-out Washington, D.C., headquarters is the first-ever office to earn Platinum certification in LEED, TRUE and WELL, receiving the highest grades in the three separate certifications.

U.K. carbon credit program under fire

A loophole in the U.K. Emissions Trading System, designed to reduce planet-warming emissions, allows companies to profit millions of dollars from unused carbon credits after closing factories, leading to concerns about the misuse of the government program. 

Can fashion close the sustainable raw materials gap?

Fashion brands should prepare themselves for a wave of stricter sustainability rules and requirements on their way over the next two to four years, which looks set to spur a scramble for lower-climate impact raw materials across the textile industry.

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