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Wood to sell built-environment unit to WSP for $1.9B
Wood to sell built-environment unit to WSP for $1.9B
• BNNBloomberg • Globe Newswire
John Wood Group Plc agreed to sell its built-environment consulting business to WSP Global Inc. for gross proceeds of about $1.9 billion. Montreal-based engineering-services firm WSP will finance the transaction with a new $1.81 billion term credit facility.
EverGen lands 50% interest in three Ontario RNG projects
EverGen Infrastructure Corp. has acquired a 50 per cent interest in Project Radius, three Ontario renewable natural gas (RNG) developments which will almost triple its production.
Meet the power plant of the future
• GreenBiz
America’s electric power system is undergoing radical change. While the first decade of the 2000s saw huge growth in natural gas generation, early signs suggest the innovation of the 2020s may be a boom in “hybrid” power plants.
Sand firm pivots away from oil to solar panels
Just like many other mineral exploration companies convinced they have an economically viable mineral deposit to be pursued, Canadian Premium Sand Inc. has been trying to develop its sand deposit near Seymourville, Man. since 2014.
Buildings owners tackling energy inefficiencies
The lack of leadership from governments at Canada’s federal and provincial levels to either incentivize or mandate energy performance improvements in existing buildings means owners must be convinced to take action for their own sake.
The future of water in buildings is smart
Water gives us life, but it can also create a perilous state for facility managers and condo-dwellers in buildings. It accounts for 70 per cent of all insurance claims by dollar value, with $7 billion spent annually in North America.
How the Hershey company reduced emissions 48%
Hershey achieved a 48 per cent reduction of its Scope 1 and Scope 2 GHG emissions; significant progress toward its 2030 goal of a 50 per cent absolute reduction, compared to a 2018 baseline.
Mastercard ties ESG to all employee pay
In response to heavy lobbying by institutional shareholders who see climate change as an existential risk, some 25 per cent of U.S. public companies include an ESG metric for their executive incentive plans, says proxy firm Glass Lewis & Co.
Why ESG must include health equity
• GreenBiz
Two years after the pandemic emerged, COVID-19 and global migration emergencies continue to impact society. At the same time, the health of the planet is deteriorating, and trust in our most established institutions is eroding.
5 best practices for incorporating DEI into a strategy
• GreenBiz
Sustainability started as a way to measure and mitigate risk. When you consider it through that lens, one risk that has become front and centre throughout the pandemic is human capital management.
Electric bus makers stepping up on union jobs
• GreenBiz
Proterra is the second battery-powered bus manufacturer in California to enter into a collective bargaining agreement, giving a leg up to potential workers typically excluded from union jobs in manufacturing.
EV sales will triple by 2025: Bloomberg
Electric vehicle sales are poised to more than triple by 2025, and yet governments and manufacturers need to lean even harder into eliminating emissions from road transportation by the middle of this century, according to BloombergNEF.
Bankers’ $10B pipeline approval ‘an easy decision’
The decision by Canada’s six biggest banks to sink another $10 billion into the Trans Mountain pipeline expansion is no surprise after a federal loan guarantee made it easy to back the project, says Stand.earth‘s climate finance director Richard Brooks.
Canada fighting a rising tide of support for NY forest bill
• NRDC
OPINION: Canada has spent more than a year aggressively opposing the New York Deforestation-Free Procurement Act, groundbreaking legislation that would align the state’s purchases with the protection of climate-critical forests and internationally recognized Indigenous rights.
Ottawa to create separate low-carbon industries
Ottawa is set to launch a new program in which it will attempt to work separately with each province and territory to build new low-carbon industries, as it seeks to overcome intergovernmental squabbling that has plagued climate and energy policy.
Alberta anti-red-tape legislation draws critics
Critics say new Alberta legislation aimed at reducing red tape could do just the opposite while threatening parks and protected areas. Last week, the United Conservatives passed a bill that changes the way rules are made on public lands.
Minneapolis aims to grow clean energy workforce
• GreenBiz
With a growing need for trained workers to help meet clean energy targets, Minneapolis is hoping that free and convenient training opportunities can inspire more people to join the clean energy workforce.
3 actions to take to decarbonize shipping
• GreenBiz
Shipping must align with the Paris Agreement temperature goal and be run entirely on net-zero energy sources by 2050. Over 200 signatories to the industry-led Call to Action to decarbonize shipping firmly believe the goal is reachable — if this happens.
U.K. businesses choosing sustainable vendors for e-waste
More than two-thirds (64 per cent) of U.K. business owners admit they’ve made the switch to partner with an environmentally conscious vendor when it comes to refurbishing technology, shows a new study by EuroPC.
Rising prices for U.K. business to transition quickly
Rising energy costs have small businesses in the United Kingdom assessing how they use energy and what they can do to implement more efficient transitions, according to research from Novuna Business Finance.
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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