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Recent Articles

Canada’s ALDO Group continues climate action

3 years ago

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Canadian fashion retailer, the ALDO Group, renewed its climate-neutral certification and continues to take strides toward reducing its greenhouse gas emissions. The company also joined We Mean Business, an international coalition with the goal of accelerating climate action.

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The development of sustainable practices to help reduce retailers’ negative impacts on the environment and curb their contribution toward climate change has been a focus for many in the industry. The consumer, too, has increasingly grown environmentally-conscious through the years.

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Tourists are back out shopping for the latest fashions, including a growing number of clothes made by homegrown sustainable brands. These fashion labels are the most visible players in Amsterdam’s efforts to create a model for local, circular textile production.

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QE Home has launched a partnership with sustainability platform Green Story to offset the carbon footprint of their products. The first national retail chain in Canada to adopt such a program, the company’s carbon neutralizing efforts will begin online.

Yardi Pulse

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Edmonton International Airport (EIA) is strengthening its economic development, diversification and job creation by partnering with Edmonton-based ONE Properties, which will assume a property management role for existing tenants, allowing EIA to refocus its commitment towards growth and attracting investment.

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Seven Alberta carbon capture and energy efficiency projects will receive $100 million in government funding to cut emissions in the energy sector. The cash is going towards Alberta’s Industrial Energy Efficiency and Carbon Capture Utilization and Storage (IEE CCUS) program.

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Forget self-driving cars and super computers. Ask Joshua Wong, president, CEO and founder of Opus One Solutions, what the most complex human invention created since the 19th century is and he’ll say grids that bring electricity to homes and businesses.

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More microgrids mean more jobs and the technology opens a pathway for policymakers to implement an all-in-one climate solution. Those are the messages from three reports released, which together make a case for government action to support microgrids.

Anchor Corporation

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A Canadian utility sold green bonds to help fund nuclear reactors, a rare use of proceeds that was seen as a test for sustainable debt investors. Bruce Power priced C$500 million in bonds after determining its green financing framework.

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Emerging-market stocks at the heart of the world’s green transition are benefiting from a reallocation of capital away from traditional commodity producers. The MSCI Emerging Markets Materials Index plunged as gains failed to boost producers of iron ore and steel.

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Ballard is strengthening its global systems integration capabilities for hydrogen-powered vehicles with the acquisition of UK-based Arcola Energy. Formalising the deal on November 12, Ballard said the purchase will both support its growth plan and deepen the company’s UK presence.

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During the Annual Gala of the Conseil des entreprises en technologies environnementales du Québec (“CETEQ“), which was held in Montréal on November 15, SANEXEN Environmental Services Inc. was awarded the prestigious Innovation and Environmental Protection Award from the Envirolys Gala.

Payquad

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Public Services and Procurement Canada, on behalf of the Canadian Coast Guard, has awarded a $2-million contract to Navenco Marine Inc. for equipment that can quickly respond to environmental spills and protect Canada’s waters and coastal communities from marine pollution.

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ATTOM, curator of the nation’s premier property database, announced it has added a category of data to its ever-expanding ATTOM Table of Data Elements. The addition of ATTOM’s climate change risk data offers a risk assessment for every property nationwide.

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mCloud Technologies Corp., a leading provider of AI-powered asset management and ESG solutions announced the company has been listed as the 57th fastest-growing company in North America on Deloitte’s Technology Fast 500 list and #2 on Canada’s Clean Technology Fast 50.

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Hitachi Energy, the global technology and market leader in power grids, launched IdentiQ, its digital twin solutions for high-voltage direct current. IdentiQ will help advance the world’s energy system to be more sustainable, accelerating the transition towards a carbon-neutral future.

Toronto Real Estate Forum

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The Pembina Institute and GLOBE Series decided to profile the talented women whose work is transitioning Canada to a new energy future. But the broad scope of ways in which they are addressing climate change is truly remarkable.

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According to a survey of 3,000 Canadians, more than two-thirds of workers say it’s important for them to work for an employer that’s socially and environmentally responsible. Unfortunately, only 55 per cent of workers agree their organizations are socially and environmentally responsible.

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Schneider Electric, which was named the World’s Most Sustainable Corporation in 2021 by Corporate Knights, has again been recognized as a Diversity Leader in a high-profile annual survey conducted by the Financial Times (FT) and Statista.

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The past 24 months have seen a significant increase in calls for social justice, and the business world has not been exempt. The public is demanding that companies be better corporate citizens and make people and the planet core businesses operations.

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