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ULI Toronto panel identifies sustainability pitfalls
ULI Toronto panel identifies sustainability pitfalls
New national and provincial building codes are moving in the right direction, but still contain significant differences and shortcomings in implementing and enforcing sustainability measures, panellists said at an Urban Land Institute (ULI) Toronto event.
AY integrates tech to improve bldg. performance
As commercial real estate companies grapple with changing office environments and strategies for future occupancy, they’re turning to scalable, sustainable technologies to improve air quality and lower carbon footprints.
Microsoft to build data centre that recycles heat
• GreenBiz
Microsoft is planning to power a new data centre in Finland with carbon-free energy and recycles the excess heat from the server cooling process. Through the aid of European energy company Fortum, that clean heat will heat homes and businesses.
GreenPower to supply EV chassis to Workhorse
GreenPower Motor Company Inc. and Workhorse Group have signed a supply agreement for 1,500 GreenPower electric vehicle (EV) Star cab and chassis units, which will be used in Workhorse’s line of Class Four step cargo vans.
Canada’s climate success hinges on energy ramp up
As Russia thrusts energy security into the spotlight, ramping up hydropower can help Canada secure a resilient economic future. Experts believe that hydropower is a key solution that can offer much to our future energy supply in every Canadian region.
Ottawa’s ‘ambitious’ climate plan leaves out ZEV details
With its decision to include a sales mandate for zero-emissions cars in the country’s first legally mandated climate plan, Ottawa will have to iron out the details of the controversial strategy as the clock ticks toward 2026.
Feds commit $9.1B to hit GHG targets by 2030
• Toronto Star • Calgary Herald
As the world moves to accelerate the energy transformation to clean and green power, Canadian Prime Minister Justin Trudeau has unveiled a $9.1 billion plan to help the country meet its carbon emissions target.
QuadReal transitions $2.5B banking credit facility
QuadReal Property Group has announced the successful closing of its $2.5 billion senior unsecured bank credit facility with sustainability-linked performance targets. The three-year, $2.5 billion facility incorporates two performance targets related to greenhouse gas intensity and energy usage reductions.
U of T begins work on geo-exchange system
• Daily Commercial News • Sustainable Biz Canada
Crews are preparing the footings, shoring walls and utilities for a one-level underground parking garage amidst the historic buildings at the downtown St. George campus of the University of Toronto (U of T). But that’s not the interesting part.
Cold storage facilities turning to microgrids
Extended power outages caused by extreme weather events, natural disasters or energy infrastructure issues can wreak havoc on the food supply chain. As companies look for solutions, cold storage facilities aim to mitigate outage risks by turning microgrids.
Apple, Shopify carbon deals boost renewable sector
• GreenBiz • SustainableBiz.ca
Following recent announcements from well-known tech companies Apple and Shopify on carbon removal and air capture initiatives, green-tech companies are reaping the benefits of projects that will help boost the renewable energy sector.
Warehouse owners turn to solar as energy needs grow
• Bisnow
As automation and technology become more prominent parts of operating, the amount of power needed to run modern warehouses is growing, and energy and electricity are coming under the spotlight, according to a report.
Green bonds far from making a dent in climate crisis
For all the money that companies and governments are raising in the green-bond market to fund environmental projects globally, there’s still a long way to go to adequately fund the fight against climate change, according to the Climate Bonds Initiative.
London wants green bonds to transition social housing
London’s Mayor Sadiq Khan wants the city to issue over 500 million pounds ($677 million) in green bonds to help meet climate goals and reduce energy costs. The financing would go toward making social housing and public buildings more energy-efficient.
‘Blended finance’ playing a role in net-zero push
• GreenBiz
Across all sectors, companies are ramping up efforts to reduce their carbon footprint, including in the fashion industry, with a coalition of brands committing to halving their GHG emissions by 2030. In particular, partnerships with banks are making a difference.
Tesla signed secret nickel supply deal with Vale
Tesla, the world’s largest automaker, signed a multi-year supply deal for nickel from Canada with Vale to tackle rising lithium prices. First reported by Bloomberg, the deal comes as EV manufacturers face significant inflationary pressures in raw materials and logistics.
Sobeys chase plastic-free future in Canadian challenge
To further phase out single-use plastics across all of its operations, Sobeys has launched a nationwide Plastic Waste Challenge in partnership with Ignite Atlantic, Divert NS, and Atlantic Canada Opportunities Agency (ACOA).
Consumer recycling patterns need to change: report
Bin design, in-home recycling receptacles, and convenient collection schedules are just a few ways governments and businesses can get consumers to change recycling habits. Introducing incentives are among the solutions discussed in a report.
High gas prices pushing people to e-bikes
Thanks to high gas prices, the sale of e-bikes has been booming. The industry has become so big that Dutch bike maker Gazelle is investing in its first North American Experience Center in Santa Cruz, California, to educate and support its customers.
Qantas to cut emissions by 25% by 2030
• BNNBloomberg • Simple Flying
Qantas Airways Ltd. said it plans to cut its carbon pollution by 25 per cent by 2030 as it laid out a pathway to reach net-zero emissions. The news comes as the industry focuses on decarbonizing aviation by 2050.
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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