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Tenants drive demand for Fitwel certifications
Tenants drive demand for Fitwel certifications
Increased interest in health and wellness due to the pandemic has led corporate owners and tenants to drive demand for Fitwel’s healthy building certification system and Viral Response Module.
Quadreal earns Fitwel approval for Canadian portfolio
• Quadreal
QuadReal Property Group‘s entire Canadian office portfolio, which totals 19.3 million square feet, has achieved Fitwel approval under the Viral Response Module. This approval follows QuadReal becoming one of the first companies to achieve VRM certification at the entity level.
CBRE commits to net-zero by 2040
CBRE Group, Inc. announced its commitment to achieve net-zero carbon emissions by 2040. This commitment encompasses carbon emissions from CBRE’s own operations and the properties it manages for investors and occupiers, as well as indirect supply chain emissions.
Next Hydrogen opens assembly facility in GTA
• Next Hydrogen • GlobeNewswire
Next Hydrogen Solutions Inc., a designer and manufacturer of hydrogen electrolyzers, announced the opening of a new assembly facility in Mississauga, Ontario. The 27,000 square foot facility will provide capacity for product assembly, testing, product development and engineering and leadership functions.
Quebec, New York partner on clean energy transition
• CHPE • Cision • Globe and Mail
New York authorities have selected the Champlain Hudson Power Express (CHPE) project to deliver clean hydropower to New York City. The 1,250-megawatt influx of clean power, enough to supply over 1 million homes, will displace fossil generation in the NYC region.
ATCO acquires 39 MW solar project in Alberta
• Canadian Manufacturing • Cision
ATCO has acquired the Empress Solar Project, a 39 MW photovoltaic solar facility under development in Alberta, marking another step in ATCO’s commitment to the decarbonization of the electricity grid while enabling customers to reduce the carbon intensity of their energy.
Ontario Teachers’ releases interim net-zero targets
• Ontario Teachers’ Pension Plan • Cision
Ontario Teachers’ Pension Plan Board (Ontario Teachers’) announced 2025 and 2030 interim targets to reduce greenhouse gas emissions as part of its journey to achieve net-zero on its investment activities by 2050. The Board also aims to help build the net-zero economy.
Net-zero plan to be ‘norm’ for public firms: Carney
Mark Carney, the former Bank of England governor who now heads impact investing at Brookfield Asset Management Inc., expects listed companies to embrace net-zero carbon emissions plans in the next three years.
Canada Life launches Sustainable Portfolios
• Canada Life Investment Management Ltd. • Cision
Canada Life Investment Management launched its Canada Life Sustainable Portfolios — three mutual fund portfolio solutions that make it easier for Canadians to invest responsibly. The portfolios give investors access to investments diversified across asset classes, regions and responsible investing strategies.
Investors seek sustainable funds data transparency
There is no one way to define sustainable investing, but fund providers are presenting numbers to back up their claims. The trend toward increased disclosure comes as sustainable investing sees growth and investor scrutiny concerning funds’ environmental credentials.
200 global companies part of Climate Pledge
Amazon has announced that more than 200 companies have now signed The Climate Pledge, indicating their intention to adopt carbon-reduction policies. Eighty-six new signatories of the pledge include Procter & Gamble, HP, Salesforce, ASOS and Nespresso.
Companies criticized for hollow climate pledges
The vast majority of companies in the world’s major economies are failing to make climate pledges that can be measured against meaningful yardsticks, according to the Science Based Targets initiative.
Bankrupt company’s oil wells may go to insolvent firm
Chris Campmans was “blindsided” to learn that a well site on his land near Picture Butte, Alberta, could be transferred from one insolvent Calgary oil and gas company to another. The farmer thought the well had been cleaned and remediated.
Oilpatch expects emissions targets prior to conference
The Canadian oilpatch expects a freshly re-elected federal government will move ahead with new emissions targets in a matter of months as Ottawa prepares for a major climate-change conference in November.
Canada is stuck in a state of carbon lock-in
As the dust settles on Canada’s federal election, it is evident that climate change was a priority for many voters. A summer of devastating heat waves and forest fires brought an element of urgency to the debate surrounding this issue.
How the U.S. helped cause the climate crisis
From James Gustave Speth’s time in Jimmy Carter’s White House — where he issued reports on the dangers of global warming — through his five-decade career as an environmental leader, Speth has consistently sought to spur action on climate change.
U.S. flood insurance rates to rise for 77% of policyholders
• Reuters
Changes to the main U.S. flood insurance program will raise rates for 77 per cent of policyholders, according to a new study, although property owners in some poorer neighborhoods will see premiums decrease.
Feds sell flood-prone homes to unsuspecting buyers
There is a nationwide shortage of affordable homes, especially for low-income families. Providing safe, affordable housing is HUD’s mission. But an NPR investigation found the homes HUD sells are disproportionately located in flood-prone places.
Top 5 states for LEED office certifications in 2021
The U.S. Green Building Council awarded certifications for 238 office projects across almost 46 million square feet throughout the country in the first half of 2021. The most important projects to receive a LEED Gold or Platinum certification are highlighted below.
The best type of city for reducing emissions
As humanity grapples with the climate crisis, increasing urban density is being seen as the greener way to live. But according to new research, the most effective way to build a sustainable city is not high-rise, but high-density, low-rise housing.
Industry Events
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Greenbuild 2024: Built to Scale
Nov 12 2024
to Nov 15 2024
Pennsylvania Convention Center, Philadelphia, PA
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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