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Recent Articles

Vancouver must do more to meet 2030 climate targets

4 years ago

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Vancouver can only meet its 2030 climate targets if it embraces new regulations such as a road toll for the metro core, parking permits for every resident car on the street and building upgrades to reduce the use of natural gas, a new climate-action report from staff says.

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Long the “perpetual also-ran of renewable energy,” geothermal could be about to have its day, provided it solves a number of engineering challenges and one big PR problem, according to Vox’s David Roberts who lays out the full promise geothermal.

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Hydrogen-powered aviation took a step forward with the launch of Vancouver-based Canadian Advanced Air Mobility Consortium (CAAM). AAM involves the use of zero-emission, electric or hydrogen fuel cells, and vertical takeoff aircraft to provide transportation, emergency and supply chain services.

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AMP Capital in Australia is set to roll out Montreal-based Brainbox AI’s energy-saving AI technology which promises to reduce the carbon footprint of its entire managed real estate portfolio of central business district (CBD) properties by 20-40% and 15-20% in energy spent.

Energy Profiles

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At issue for P&G shareholders is wood pulp that’s being produced from Canadian boreal forests. According to P&G’s website, the company is already committed to stopping deforestation. However, those commitments don’t include the protection of old-growth and high-conservation value forests.

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The Region of Waterloo is asking businesses to consider closing excess parking areas this winter while many residents work from home to reduce the amount of chloride in drinking water due to winter salt use and to reduce maintenance costs.

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When Paul Scialla founded the International WELL Building Institute (IWBI) six years ago, he set out to establish a building standard that integrated human health and wellness into development plans. He never expected a pandemic would propel that into a worldwide movement.

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Fitwel, the healthy building certification system, announced QuadReal Property Group and The Tower Companies are among the first companies to certify their policies using the Viral Response (VR) module, reflecting their leadership in advancing health and wellness.

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The Ontario General Contractors Association (OGCA) has signed a declaration to join Workforce 2030, a new coalition with the Canada Green Building Council and other construction stakeholders that will advocate for fast-tracking the workforce needed to build a low-carbon Ontario.

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Some corporate sustainability teams have dwindled in recent months as businesses put survival ahead of green ambitions. Others have grown in status, as companies join the dots between environmental, social well-being, and business changing the role of the sustainability officer.

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Environmental, Social and Governance (ESG) Law is “hot” according to Legal Cheek, the legal news website. Seven hundred would-be lawyers clearly thought so when they tuned into a recent Linklaters ESG recruitment webinar. Alan Jope, Chief Executive Officer of Unilever, recently described ESG as a “talent magnet”.

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As bank regulators introduce stress tests for climate-related risks, there’s a growing need for harmonized ESG disclosure requirements, says Fitch Ratings in a new report. The rating agency said banks in several developed markets already face climate-change stress tests.

Yardi Marketplace

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Asset managers must improve their financial reporting on climate issues, according to the latest report from the Task Force on Climate-related Financial Disclosures (TCFD), a taskforce established by the G20 and chaired by Michael Bloomberg, founder of Bloomberg L.P.

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BlackRock has endorsed a proposal from the IFRS Foundation for a sustainability standards board to address fragmentation in corporate sustainability reporting saying it is “the most practicable and likely to succeed” out of the various recently launched initiatives.

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Green power is set to draw around $11 trillion of investment in the coming decades as the cost of renewables plummets and more of the world’s energy comes from electricity. That’s the analysis from BloombergNEF in its annual New Energy Outlook.

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MGM Resorts International has been recognized for making significant investments in clean energy according to the Solar Means Business report released by the Solar Energy Industries Association. The report highlights the appeal of the cost-saving of solar energy for American businesses.

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2020 is a turning point for fleets. Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options to decarbonize fleets.

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Before the pandemic, the proportion of people working from home was slowly but steadily increasing. COVID-19 has put the practice into hyperdrive. Down from an April peak, recent reports suggest 20 per cent still work exclusively from home in the U.K..

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The COVID-19 pandemic has triggered an unparalleled acceleration in digital transformation and underscored the invaluable role of data centres in the face of global disruptions while there is rising awareness of the urgency to decarbonize our economies.

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The EU’s Green Deal risks becoming a bad deal for the planet. This ambitious policy aims to make Europe the first climate-neutral continent by 2050 by setting targets to reduce carbon emissions, enhance forests, farming, green transport, recycling and renewables.

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