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Recent Articles

Ironwood development leads to naturalized Oshawa Creek

4 years ago

BIZ   •   • 

An Oshawa development has had a significant positive impact on the environment before construction even begins on the project itself. Ironwood will be a multi-phased development in Oshawa, east of Toronto, being constructed by Podium Developments and Building Capital.

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Ontario’s plan, released Monday, to hand responsibility for residential recycling to the private sector would allow more plastics and other material to be thrown into blue boxes while expanding the service to include more small communities, schools, and parks.

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A pair of age-worn bridges are being replaced on Nuns’ Island using concrete that includes an unusual ingredient —  glass. The two bridges will also be a pilot project for the use of stainless steel rebar, which has “excellent corrosion resistance.”

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Worried about the environmental damage done by growing consumption of personal protective equipment (PPE) during the pandemic, the federal government is asking the private sector to come up with PPE products that won’t end up in landfills.

Building Lasting Change

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Rio Tinto, Geocycle Canada and construction materials company Lafarge Canada are working together to reuse waste from the aluminum smelting process to make cement, an initiative that will reduce the need to extract other raw materials and create value from waste.

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The Federal Government announced a $1.2 million investment in Toronto based GreenNano Technologies Inc. to scale up production of a new lightweight wood-fiber based composite material to create automotive parts that could also have a number of consumer and commercial applications.

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Purolator is launching innovative delivery vehicles to increase network capacity, reduce its carbon footprint and provide greater fleet flexibility in urban centres. The new fleet of vehicles offers a last-mile delivery solution to respond to the ever-increasing growth in e-commerce.

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“We will need fossil fuels for decades to come,” so goes the conventional wisdom. People in developing countries are buying more vehicles, so we need to invest in growing our oil sector and the oil sands. Is this logic sound?

Energy Profiles

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A 451 Research, commissioned by Schneider Electric, captures the impact efficiency and sustainability have on the cloud and data centre service provider business. A survey of over 800 data centre service providers around the globe assessed their perspectives on sustainability.

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BMO recently announced it is now matching 100% of its electricity usage with electricity produced from renewable sources across global operations. This achievement includes investment in Renewal Energy Certificates from wind, solar, and hydro projects in the regions where BMO operates.

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A new report from Ceres, a sustainability nonprofit organization, investigates banks’ climate-related financial risks and their exposure to a disorderly transition. The report found bank lending is in climate-exposed sectors and it lays out key recommendations for bank action.

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Analysis by Corporate Knights and the Canada Climate Law Initiative of CPPIB’s disclosures reported in Troubling Incrementalism found that CPPIB was heavily invested in six high-carbon, billion-dollar investments, both in Canadian oilsands and in hydraulic fracturing in the U.S.

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Sustainable improvements to Tim Hortons paper napkins and other products are expected to take effect in 2021. The napkins will be made with 100 per cent recycled fibre, use 25 per cent less material and are expected to save 900 tonnes of paper annually.

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Canadians regard Walmart as the country’s biggest champion of diversity and inclusion, according to a new survey of 1,350 Canadians conducted in July by Toronto’s Solutions Research Group (SRG) for phase one of its new Diversity & Inclusion Monitor.

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Bees and other pollinators populations are declining around the world due, primarily to pesticide use and the growing toxicity of agricultural lands. Research shows that the loss of pollinators is already causing shortages in key food crops in the U.S.

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As sustainable investing continues to drive interest across the globe, Manulife Investment Management announced it was recently recognized in the Principles for Responsible Investment’s PRI Leaders’ Group  2020, a 10-year initiative honoring signatories at the cutting edge of responsible investment.

Yardi Marketplace

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Millennium Partners Boston announce it has secured a $775 million construction loan Cale Street Investments for Winthrop Center, the 691-foot, $1.30 billion-dollar development and The largest Passive House office building in the world.

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WorldGBC’s Europe network and E.ON, as part of EU funded Energy Efficient Mortgages Initiative have written a new report Creating an Energy Efficient Mortgage for Europe that emphasizes the needs for the broad appeal of energy-efficient mortgages.

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European Union countries edged closer to an agreement on a new climate target but deferred a deal on the emissions-cutting goal to a meeting in December. The existing EU target is a 40% cut in greenhouse gas emissions by 2030.

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The latest Copernicus Climate Change Service data show that 2020 continues to bring record-breaking temperatures. Every month in 2020 has ranked amongst the top four warmest for the month in question, with January at 0.03°C warmer than any previous January.

Industry Events

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