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Simply Group financing for sustainable home products
Simply Group financing for sustainable home products
From its roots as an HVAC provider eight years ago, Simply Group CEO Lawrence Krimker says his firm continues to grow with the sustainability sector. Today, Simply Group comprises a half-dozen companies with over $1.45B in AUM, including its sustainability-based lending arm.
BoC warns carbon-intense assets are mispriced
The Bank of Canada is warning prices for debt and equity tied to carbon-intensive industries fail to adequately factor in the risks of climate change, leaving investors exposed to the potential of sudden losses in value.
Desjardins Group partners with Propulsion Québec
Propulsion Québec, the cluster for electric and smart transportation, is pleased to announce a new partnership with Desjardins, Canada’s leading cooperative financial group. This one-year partnership will support Desjardins Group’s sustainable development policy objectives tied to sustainable and connected mobility.
The real reason Shell aims for net-zero
Shell has promised shifts to cleaner technologies such as electric vehicle charging, electricity sales, and bioethanol. But the real test will be how fast the company reduces its fossil fuel sales and increases alternatives, as outlined in its Energy Transition Strategy.
Loblaw hits targets ahead of schedule
Loblaw Companies Limited has released its 14th annual Corporate Social Responsibility (CSR) report, the most comprehensive public disclosure of its kind for a Canadian food retailer. The report highlights the company’s efforts across its various environmental, social, and governance (ESG) priorities.
Schneider Electric to fight biodiversity loss
Corporate Knights recognized Schneider Electric as the most sustainable corporation in the world. Schneider has a record in environmental and climate protection and pledged to fight biodiversity loss. The commitments detailed on May 22 represent concrete steps to deliver on that pledge.
Tricon’s ESG report emphasizes sustainability
Tricon Residential Inc. (TSX: TCN), owner and operator of single-family rental homes and multi-family rental apartments in Canada and the U.S., has released its ESG report, which highlights how the company is redefining sustainable rental housing.
Brookfield emphasizing ESG
Brookfield Property Partners sent Commercial Observer a statement indicating it has been “prioritiz[ing] ESG principles long before we called them that.” The global real estate company has $211 billion of properties under management on five continents, per its 2020 annual report.
Innovate Cities promotes Canadian smart-city firms
A federally-backed, non-profit is encouraging property owners to buy from Canadian smart-city firms and help improve urban infrastructure through a new data trust. Toronto-based Innovate Cities is led by former OPTrust CEO Hugh O’Reilly and former Ontario privacy commissioner Ann Cavoukian.
Dundas landmark upgraded with smart tech
As reclads, retrofits, and other upgrades unfold at major properties across Toronto, improving the efficiency of existing commercial buildings is front of mind for many property owners. One such property to undergo upgrades is Dundas Square’s iconic structure.
Quebec to put damper on fossil fuel heating
A draft regulation reveals the Quebec government’s intention to prohibit oil heating in new residential construction after December 31, 2021, and disallow installation of boilers, furnaces, and water heaters fired with any fossil fuels in “certain existing residential buildings” after December 31, 2023.
Paradise lost and found in downtown urban forest
A parking lot in Montreal’s Quartier des Spectacles is set to be transformed into an urban forest. The winners of an international design competition will revamp Lot No. 066, which was used to store equipment during concerts and festivals pre-pandemic.
Canada has opportunity to be global battery leader
As Canada’s trading partners make their economies cleaner and more competitive, it is clear that batteries will become the engines of the modern world. One report claims Canada can establish itself as a major player in the global battery sector.
Is there a greener way to build/rebuild batteries?
When we envision a green future, we imagine emails leaving no paper waste; electric vehicles emitting zero exhaust; remote meetings requiring no travel. But these all require electricity and lithium-ion batteries, which may become the most important technology of the 2020s.
5 innovators make EV batteries more sustainable
• GreenBiz
Electric vehicles (EVs) reduce emissions, but their lithium-ion batteries pose a sustainability challenge. EVs will be vital in reducing air pollution and meeting climate goals; however, the International Energy Agency forecasts 245 million EVs will need to be in use by 2030.
Battery tech investments disrupting US power sector?
• GreenBiz
Declining costs and advancing technology suggest battery storage is ready to play a larger role in the U.S. power sector, which has attracted investor interest. S&P Global Ratings expects total capital investment in North American battery storage to exceed $3 billion annually.
International Plastic Free Day on May 25
The first-ever International Plastic-Free Day will take place on May 25, organized by Free the Ocean (FTO) in an effort to call attention to the global problem of plastic pollution. Just one plastic item per person would reduce 7.6+ BILLION in plastic waste.
C-PACE exceeds $200M clean-energy investment
The Connecticut Green Bank has announced that the state’s Commercial Property Assessed Clean Energy (C-PACE) program surpassed $200 million in clean-energy investment in local businesses. C-PACE helps commercial, industrial, and multifamily property owners make energy upgrades to their buildings.
Expo 2020 Dubai will showcase world sustainability
Offering the world’s most novel sustainability experience, the Expo 2020 Dubai, running October 1, 2021 through March 31, 2022, includes over 190 participating nations and Country Pavilions showcasing what makes each country unique. Expo 2020 will emphasize three sub-themes: Opportunity, Mobility, and Sustainability.
Angel Trains delivers Scotland’s 1st hydrogen-powered train
• H2 View
Angel Trains is supporting Scotland’s first hydrogen-powered train, having announced over £500,000 ($705,000) investment in green hydrogen refuelling infrastructure for the locomotive. Angel Trains said it will involve technical, commercial and sustainability expertise in the collaboration with hydrogen integration specialist Arcola Energy.
Industry Events
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Canada Green Building Council: Building Lasting Change 2024
Jun 05 2024
to Jun 06 2024
Toronto
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Global Conference on Renewable Energy and Environmental Sustainability
Aug 16 2024
to Aug 18 2024
Vancouver, Canada
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