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The ESG Report: Prologis, Allied, Enerplus

2 years ago
IMAGE: Tyler Choi.

Writer

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Corporate Knights unveils the progress made on gender diversity and clean energy investments by Canadian corporations in the 20th edition of its Canada’s Best 50 corporate citizens list.

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Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to the net-zero transition, signaling that investors are still committed to establishing cleaner portfolios.

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VIDEO: Brian Kingston, President and CEO of Canadian Vehicle Manufacturers’ Association, talks with Financial Post’s Larysa Harapyn on what’s needed for electric vehicle adoption.

Green Retrofit Economy Study

TO OUR VALUED READERS: Sustainable Biz staff will be taking a break for a hard-earned vacation during the week of July 4-8. This means we will be on a much-reduced publishing cycle, we will only publish a few articles to

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Buildings are amongst the main culprits to climate change. RYCOM’s smart technology uses data to find efficiencies in the built environment.

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A newly released examination of deep retrofit logistics finds that few of the existing technologies projected to help dramatically curb greenhouse gas emissions have yet conquered their market categories.

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With urgent turning points for mitigating climate change drawing ever nearer, it’s time for the architecture field to take notice—and action, says Donald Schmitt, urging architects to take the lead on regulation and the conversation on sustainable development.

Yardi

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Lafarge’s Bath Cement Plant, located near Kingston, Ontario is fully converting its production of general use cement to reduced carbon portland limestone cement, branded as OneCem, the company’s eco-efficient alternative.

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While politicians claim they’re reducing the harmful daily pollutants caused by glass and steel highrises, that’s not the end of the climate worry. Research reveals highrises come with elevated “embodied” costs. That begins with the construction process.

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A new purpose-built rental building in downtown Toronto is looking to be the tallest mass timber building in Canada and is also proposing over 80 per cent affordable units, a green design and retaining and integrating the existing heritage buildings on the property.

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A full-scale research fire test has found the fire performance of a mass timber structure was similar to that of non-combustible construction and confirms mass timber can perform well under the very rare fire scenario.

Home by AVI

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California has caught up with the tall wood movement. In July 2021, California adopted the tall wood provisions in the 2021 International Building Code (IBC), with California Building Code amendments.

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Toronto-based Electra Battery Materials Corporation has announced it has begun preliminary discussions with the Government of Quebec to build a new cobalt refinery in an emerging battery materials park in Becancour, Quebec.

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Metro Vancouver’s reputation as hydrogen fuel cell technology hub was further cemented Wednesday with the grand opening of a new multi-million dollar manufacturing and R&D facility in Burnaby.

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Shares in Ivanhoe Electric, an electric battery company, were falling on their trading debut on Tuesday morning after the company raised as much as $169 million in an initial public offering on Monday.

Real Estate Forum Club

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New federal regulations to force down the greenhouse gas emissions from gasoline and diesel will cost Canadians up to 13 cents more per litre at the pump by 2030 while cutting 18 million tonnes of greenhouse gas emissions in 2030.

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Dallas-headquartered CBRE has acquired specialist French ESG development consultancy Green Soluce. CBRE is the world’s largest commercial real estate services and investment firm. Paris-based Green Soluce specializes in promoting smart and sustainable urban environments in France.

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Major players in the commercial real estate industry are urging the Securities and Exchange Commission (SEC) to pump the brakes on a key piece of its proposed emissions reporting rules, saying it’s too difficult to compile the data.

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OPINION: The U.S. securities industry watchdog aims to impose stringent rules for companies to report climate-related risks, and one need only to look at the shoe industry’s response to understand the political can of worms it’s become.

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