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iA Financial enhances climate ambition with 2 new portfolio targets

9 months ago

iA Financial enhances climate ambition with new targets

iA Financial Group (IAG-T), a Quebec City-based company offering insurance and wealth management services, says it has initiated new greenhouse gas reduction targets related to the firm's real estate and public corporate bond portfolios.

Agency works toward circular future for solar panels

Solar power is one of Canada’s fastest growing energy sources, but the most likely final destination for a solar panel is a landfill. Business Renewables Centre Canada is attempting to counter what it considers misinformation surrounding solar panel recycling.

Li-Cycle receives continued listing standard notice from NYSE

Li-Cycle Holdings (LICY-N) received a notice from the NYSE indicating the company is not in compliance with continued listing standards, as the average closing price of its common stock was less than $1.00 over a consecutive 30 trading-day period.

Saskatchewan stops collecting federal carbon levy

Saskatchewan’s Crown natural gas and electric utilities have removed the federal carbon price from home heating bills, a move that the government says will improve fairness for its residents in relation to the other provinces.

Anaergia announces strategic investment update

Burlington, Ont.-based renewable energy company Anaergia Inc. (ANRG-T) has announced the successful fulfillment of all interim conditions for a $40.8 million strategic equity investment. The investment by Marny Investissement will be completed in three tranches.

Complexity of emissions reporting restraining compliance

Commercial real estate owners have made considerable progress on the path to decarbonization and in tracking emissions, but faced with the COVID-19 legacies of low office occupancy and high borrowing costs, net-zero compliance has become more challenging, experts say.

Why is Alta. fighting for plastics that are slowly killing us?

OPINION: In December, six types of single-use plastics were banned by the federal government. Alberta Premier Danielle Smith has declared she will fight the ban because plastic is a petrochemical product and such decisions should be left to Albertans.

As 'sustainable' thrift shopping booms, Toronto prices soar

As the cost of everything from groceries to gas rises, thrift stores – the one place where you used to be able to get a deal – are also getting more expensive, a trend experts blame on the increasing cost of living.

Ont. auto workforce needs boost to be ready for EV boom

Ontario's automotive industry is facing a range of hurdles that need to be overcome to be ready to supply the growing electric vehicle (EV) market and train the next generation of workers, workforce development specialists say.

EV range: Why more isn’t better

Statistics Canada reports the average commuting distance for 93 per cent of car commuters is eight km each way. Even those few with longer commutes travel an average of 40 km each way, which is easily handled by most EVs.

The unspoken environmental cost of EV batteries

Governments have invested tens of billions into two EV battery manufacturing plants in southwestern Ontario. However, they come with the environmental dilemma of what to do with the millions of EV batteries when they reach the end of their life.

Chinese auto giant BYD sells more EVs than ever

Chinese corporate giant BYD Co. says it sold three million battery-powered cars in 2023, its most ever, capping a turbulent year for China’s electric vehicle industry. BYD last year sold 1.6 million fully electric vehicles and another 1.4 million hybrids.

Minn. iron producers explore hydrogen to reduce emissions

The leader of a U.S. regional hydrogen partnership is exploring using the emerging fuel source to help make Minnesota’s Iron Range a leader in the production of green steel. Hydrogen could replace carbon-intensive fuels to heat and power mining operations.

Bloom, SK ecoplant collaborate on Korea hydrogen project

California-based Bloom Energy (BE-N) and SK ecoplant, an engineering and energy solutions provider and subsidiary of South Korea's SK Group, announced a sale of Bloom’s electrolyzer technology to deploy hydrogen as an energy source for Korea Southern Power Co., Ltd.

IEA working to cut renewable costs in developing world

The International Energy Agency will work to ensure the World Bank, regional development banks and others prioritize the cost of investing in clean energy in developing countries following the COP28 summit last week, its executive director said.

Warm weather wreaks havoc on some B.C. ski hills

B.C.'s abnormally warm winter has left local ski resorts grappling with a lack of snow during the holiday tourism season, as resorts struggle to keep runs open. Vancouver's Mount Seymour is closed entirely while it waits for better conditions.

E-bike sparks blaze aboard TTC subway car

A man was taken to hospital after his e-bike sparked a fire aboard a Toronto Transit Commission (TTC) subway car on New Year's Eve. According to Toronto Police, the fire was caused by, "an issue with the battery."

All-electric construction sites may not be practical or advisable

The cost of battery-electric construction equipment is much higher than the diesel equivalent. Overall weight due to massive batteries in larger vehicles can be restrictive. And there is the issue of onsite recharging, likely required at least once a day.

Music biz is putting a green spin on vinyl records

Records are made from polyvinyl chloride, commonly known as PVC, a petroleum product derived from a complex chemical process. A vinyl record that winds up in a landfill lasts more or less forever. So the focus is on minimizing waste.

Disposing of Christmas trees, lights, holiday staples

Between recycling, upcycling, re-gifting and reducing consumption, there are plenty of sustainable ways to reduce the environmental impact of your holiday favourites. Holiday lights, for example, should not be placed in recycling bins as they can damage sorting machines.

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