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Canada’s top 250 firms falling behind on ESG: PwC

1 year ago

Canada’s top 250 firms falling behind on ESG: PwC

PwC Canada reports over 70 per cent of the country’s 250 largest public companies do not obtain external assurance for their environmental, social and governance (ESG) reports, nor do they disclose climate-related financial information.

Parkland to double EV fast-charging network in West

Parkland Corporation will double the size of its ultra-fast electric vehicle (EV) charging network in Western Canada – from 25 ON the RUN chargers to 50  – and is keeping its foot on the pedal for its Canada-wide expansion plans.

FortisBC, builders create Energy Step Code housing

FortisBC Energy Inc. has teamed with Tyee Homes and other provincial builders to develop six net-zero-ready homes case studies for different climates across B.C.

Kite to provide e-mobility at Brigil's Ottawa high-rise

Kite Mobility has partnered with The Dale, a 33-storey rental high-rise in Ottawa to give residents access to multiple sustainable transportation options including e-scooters, e-bikes and electric vehicles.

N.S. launches $140M heat pump program

Nova Scotians with low incomes can now apply to get a free heat pump for their homes. The provincial government announced details Tuesday about its four-year, $140-million energy efficiency program.

Canada invests $11.3M in RNG facility

The governments of Ontario and Canada are investing more than $11.3 million to expand CHAR Technologies’ facility in Thorold to produce renewable natural gas (RNG) and biocarbon – creating the largest facility of its kind in Canada.

Oil sands coalition to explore carbon-capture project

A coalition of oil sands companies eyeing a massive new emissions-reduction project in northern Alberta will this winter begin exploratory drilling of underground reservoirs in which it hopes to store captured carbon.

Finance negotiations hold up COP15

Several organisations observing COP15 say a key sticking point is financing the delivery of a nature-positive future. As has been the case with climate finance, international financial flows for biodiversity conservation and restoration are far below the levels needed.

Five responsible investing trends to expect in 2023

With ESG funds a key part of portfolios, investors can look to five responsible investment trends that are likely to pick up in 2023.

How emerging technologies can strengthen ESG

Research shows emerging technologies such as blockchain, digital twins, satellite imaging and cloud computing can play a critical role in measuring and reporting on ESG.

A roadmap for ESG excellence

Corporate sustainability is a journey, not a destination. Here are a few steps to start or fine-tune your ESG strategy.

Greenfluencers become sustainability superheroes

To make progress on sustainability, we need to connect people who care (so, most people) with messages that matter to them. And creators/influencers can reach people in ways that other media can’t. 

HSBC to stop funding new oil and gas fields

HSBC will stop funding new oil and gas fields and expect more information from energy clients over their plans to cut carbon emissions, the banking giant said on Wednesday, as part of a wider update of its sector policy.

HSBC cuts Canadian unit out of climate pledge

HSBC Holdings' decision to abandon new lending or capital markets financing for new oil and gas fields will not extend to HSBC Canada, a unit set to be sold to Royal Bank of Canada in a $13.5 billion deal.

Amazon offers sneak peek at new carbon credit label

The system behind Abacus will focus on ensuring a high standard for additionality, leakage and durability.

Researchers chart a path to carbon-negative plastic

Careful policy and planning could reduce plastic’s environmental impact and in fact turn the material into a form of long-term carbon storage.

Floods to cost Ontario $700M per year

Extreme rainfall caused by climate change could cost municipalities in Ontario an additional $700 million a year to maintain stormwater and wastewater infrastructure, the province's financial watchdog warns.

Could insurers pull the plug on renewable energy?

The climate crisis stands to roil the insurance industry along with its customers, including renewables and other climate tech entrepreneurs and developers.

EU seals agreement on world’s first carbon tariff

EU negotiators reached an agreement early on Tuesday morning that will pave the way for Europe to set up the world’s first levy on carbon-intensive goods entering its market.

U.S. scientists announce fusion energy breakthrough

U.S. Energy Secretary Jennifer Granholm announced a “major scientific breakthrough” Tuesday in the decades-long quest to harness fusion, the energy that powers the sun and stars.

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