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‘ESG is very much here to stay’: GPM panel

1 year ago

‘ESG is very much here to stay’: GPM panel

A panel at Global Property Markets (GPM) waved away the negativity surrounding environment, social and governance (ESG), with moderator Rebekah Tobias, managing director of investor relations and business development at MARCOL, declaring: “ESG is very much here to stay.”

UgoWork raises $22.8M for AI-powered batteries

UgoWork, a manufacturer of lithium-ion battery solutions for forklifts, recently closed a round of funding to scale up its AI-based energy-as-a-service platform used for its batteries, as well as grow sales and expand its distribution footprint.

Local Logic study highlights factors in car dependency

A study from location intelligence platform Local Logic reveals the roles that population density and access to jobs and services play in the driving rates of Canadians. When all three factors are high, the driving rate is low, reducing pollution.

Investors push for improved ESG measures in CRE

Canada’s commercial real estate (CRE) sector is striving to meet increasingly demanding environmental, social and governance standards, but the ESG is still greener on the other side of the world.

Three women who are transforming CRE

From labour shortages to climate change, the commercial real estate industry continues to face key challenges as 2022 comes to a close. It’s never been more urgent to harness the power of the other half of the talent pool.

Retail tenants, landlords join forces to cut emissions

Squabbles between landlords and tenants are nothing new. But the unprecedented pressures that efforts to reduce carbon emissions are putting on both parties may just be serious enough to make working together the only option.

Collaboration key to reducing carbon in buildings

Reading how far Canada lags behind on the 2022 Global Climate Change Performance Index is embarrassing. Canada stands in 61st position among 63 other countries, behind only Iran, Kazakhstan and Saudi Arabia.

Canada’s construction industry building sustainability

In the past two decades, Canada has taken significant strides forward in creating greener, more sustainable buildings. Notable recent examples range from Manulife’s carbon-neutral 980 Howe St. office tower in Vancouver to EllisDon’s award-winning green retrofit of Toronto’s Massey Hall.

Small Canadian cities rank high on environment

A new environmental scorecard says Canada’s biggest cities have lower scores than most small and medium-sized municipalities, but a closer look at the data reveals some surprises.

U.S. CRE could see new funding from $4.2B bond

Earlier this month, roughly 68 per cent of voters in New York voted to approve a ballot measure that will allocate billions of dollars for climate spending

VC boom for green building tech firms

Firms providing green building technologies and services received record levels of venture capital (VC) investment in 2022, with investment reaching $2.2 billion so far this year.

Canada set to hit 5 GW solar milestone

Canada is set to install 500 MW of new solar in 2022, bringing its total capacity to about 5 GW, according to data from Canmet Energy. The country is expected to hit 35 GW of total solar capacity by 2050.

Nuclear tech proposed for green energy hub in N.B.

The Belledune Port Authority is proposing to use an advanced small modular reactor to generate a minimum of 1 GW of zero-emission firm heat and power for industrial users at the port's recently announced Green Energy Hub.

IKEA Canada sells circularity during Black Friday

During the recent Black Friday sales, IKEA Canada shifted the conversation from mass to considerate consumption by putting sustainability and circularity at the core of its offer, said Helene Loberg, Country Sustainability Manager, IKEA Canada. 

The staggering price of climate inaction

In B.C., 2021’s heat, fire and floods cost the economy $10.6 billion to $17.1 billion, a report calculates.

Responsible investing market share drops $200B

Responsible investing in Canada experienced steady upward growth for over a decade. A new report says that trend has reversed itself in the last two years, as the industry struggles to respond to allegations of greenwashing and the regulatory environment.  

Global reactions to the U.S. EV tax credit

The Inflation Reduction Act includes a tax break for electric vehicles (EVs). However, several countries and automakers have called for reforms to the tax plan, ranging from disruptions to the sector or violations of free trade agreements.

How corporate sustainability can bridge political divides

If the U.S.'s destiny is gridlock at best, reversal at worst, how can we avoid climate’s most devastating impacts in a decade where every year of progress counts?

Sask. company finds new uses for old grain elevators

Entering one of the three grain elevators that stand like giants over Kenaston, Sask., is like walking into a museum.

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