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Recent Articles

Alberta poised to capitalize on hydrogen energy: CBRE

3 years ago

BIZ   • 

Canada is within the top 10 hydrogen producers in the world today. Alberta, in particular, is well positioned to capitalize on the growing hydrogen industry and attract investment to the Edmonton region, according to a report by CRE firm CBRE.

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Moody’s Analytics has announced proprietary climate risk scores are now available on its leading commercial real estate (CRE) analytics platform, REIS. Climate risk scores quantify the exposure of commercial properties and geographies to the physical impacts of climate change.

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NSG Group has installed an industrial-scale battery storage system at its Pilkington plant in Collingwood, Ontario, to reduce its electricity use. The project was estimated to save the Pilkington plant around $360,000 per MW during the summer of 2021.

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When businesses and industries — especially industries such as mines — are located more than 62 miles from grid connections and require less than 20 MW of power, on-site generation and microgrids make more sense than purchasing from the grid.

Energy Profiles

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Mighty Buildings, a construction technology company using 3D printing to create sustainable homes, announced a partnership with Fortera, which has developed a cement that reduces greenhouse gas (GHG) emissions by more than 60 per cent for every ton of cement replaced.

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EDITORIAL: In January, 2019, Vancouver’s newly elected city council passed this motion: “The breakdown of the stable climate and sea level under which human civilization developed constitutes an emergency for the City of Vancouver.”

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Colliers released Elevate the Built Environment — a strategic framework designed to embed environment, social and governance (ESG) best practices. The company will also set a science-based target through the Science Based Targets initiative’s (SBTi) Business Ambition for 1.5°C program.

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BentallGreenOak is pledging to elevate women into at least 30 per cent of its leadership roles within the near term. The initiative is one of five action steps the company has embraced as part of its alignment with the Paradigm for Parity movement.

Anchor Corporation

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Environmental groups argue P&G is contributing to the destruction of the Canadian boreal forest, from which the company sources some of its paper products. The woodlands cover 35 per cent of Canada’s land mass and aid the environment by storing carbon.

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The future is in the small recycled container for the environmental company Plastiques Évolupak, in Saint-Jean-sur-Richelieu. Moreover, it has just received a serious boost from the Government of Quebec and Fondaction to support accelerated growth.

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PODCAST: This week on Down to Business, Megan Takeda-Tully, explained why at the height of the pandemic in 2020 she started a company called Suppli to address the mountains of single-use plastics left behind by takeout food.

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The Port of Saguenay has received $66.6 million from Quebec and Ottawa. The contribution will assist with the construction of the first electric conveyor — for handling and processing metals — at the port facilities of Grande-Anse, in the borough of La Baie.

Yardi Pulse

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The corporate sector was responsible for 57 per cent of the record-breaking number of sustainability bonds issued in the first nine months of 2021  — a 93 per cent increase year over year, according to a Q3 2021 sustainable finance review by Refinitiv.

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Canada has made only modest progress to date when it comes to embedding climate-change concerns within its financial sector. But an effort to adopt sustainable finance practices is revving up.

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Many professionals in the sustainability sector spend their days working to improve diversity and inclusion in the workplace, but the sector has a long way to go before it can hold up its own record as a shining example.

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Energy markets seem to obey some version of the butterfly effect. Call it the BlackRock Inc. effect: Larry Fink needs only to whisper the words “ESG”, and natural gas and coal markets will explode 21 months into the future.

Procore

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Negotiators at COP26 will face a critical choice: Set firm emissions targets for 2030 or settle for goals of achieving “net zero” by 2050. The course they set could determine if we are able to avoid the worst impacts of climate change.

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At a summit in Rome, COP26 president Alok Sharma told Group of 20 leaders they must act to curb coal consumption to keep alive the goal of limiting global warming to 1.5 degrees Celsius.

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G7 advisers recommended investment in new infrastructure and research, ensuring that trade rules supported the fight against climate change and a commitment to information-sharing, traceability and standards reform for minerals critical to the green transition.

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The International Energy Agency (IEA) is warning progress on clean energy goals is still too slow to put global emissions into sustained decline, and is calling on governments to send an “unmistakable signal” of action at the COP26 climate summit.

Industry Events

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