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QuadReal pledges net-zero by 2050 for global portfolio

1 year ago

QuadReal pledges net-zero by 2050 for global portfolio

QuadReal Property Group, a real estate developer and investor headquartered in Vancouver, has announced it is targeting net-zero by 2050 for its global portfolio, with the aim of cutting its emissions by 50 per cent by 2030.

Regal Plaza complex highlights energy efficiency

SAMM Developments is in the midst of construction on the Regal Plaza Corporate Centre in Toronto — a new mixed-use business complex that will reduce total energy consumption by 15 per cent compared to current Ontario Building Code (OBC) requirements.

Blue-Zone looks to corner anesthetic recycling market

Blue-Zone Technologies Ltd. has completed an $8 million round of funding which will allow it to scale its operations and over the next year, increase commercialization of its waste anesthetic gas recovery and recycling process.

Circular economy can hold green growth: Non-profit

Jo-Anne St. Godard, the executive director of the Circular Innovation Council, says the Canadian economy should turn from a linear model to a circular one that fixates on sustainable consumption and can also maintain economic growth.

Hydro-Québec buys U.S. hydropower company for $2B

A subsidiary of Hydro-Québec announced a deal Wednesday to buy U.S. power generator Great River Hydro LLC for $2.8 billion. The company owns 13 hydropower generating stations in Vermont, New Hampshire and Massachusetts.

Hydro-Québec’s billion-dollar power struggle

Hydro-Québec’s deal to build 233 kms worth of high-voltage lines through New England has angered Indigenous groups, fossil-fuel companies and conservationists alike. The project would make the public utility a dominant player in clean energy. Can it succeed?

Rio Tinto, Feds invest $737M to decarbonize Que. plant

Rio Tinto is partnering with the Canadian government to invest up to $737 million to decarbonize its Rio Tinto Fer et Titane operations in Sorel-Tracy, Que. The plant in southwestern Quebec produces steel, scandium and titanium dioxide.

World's largest reinsurer to stop ensuring oil, gas

The world’s largest reinsurer, Munich Re, has announced it will stop investing in and insuring new oil and gas fields, infrastructure and power plants as of April 2023.

London Stock Exchange reveals its VCM platform

The London Stock Exchange has finally launched its voluntary carbon market (VCM) rules for entities that seek to raise funds through its listings for climate solutions.

The $9.6T in corporate risk from nature loss

A report from Moody's outlined a combined $9.6 trillion in rated debt connected to biodiversity and nature. Here are three things institutional investors and others in the business community should know about nature-related risks from the report.

Airlines set voluntary, ‘watered down’ emissions plan

The global aviation industry has adopted an “aspirational” plan to hit net-zero emissions by 2050. The plan was adopted by 193 countries at the meeting of the International Civil Aviation Organization in Montreal.

Post-Fiona, industry looking again at storm insurance

Properties on P.E.I.'s North Shore took the brunt of post-tropical storm Fiona's battering last month, and where the sea rose up and swept things away, many owners are finding they were not insured.

Communities on edge of climate face hard choices

The idea of relocating his community isn’t one that Arnie Lampreau of the Shackan Indian Band in British Columbia’s Nicola Valley thought he’d be considering when he was elected chief early last year.

Ian is 15th billion-dollar disaster this year so far

The U.S. was hit with 15 separate billion-dollar weather and climate disasters in the first nine months of the year, according to scientists from NOAA’s National Centers for Environmental Information.

Will more countries ban fossil fuel ads?

Oil-industry marketing may soon be disappearing. Growing knowledge of the dangers of fossil fuels – and the role of marketing in boosting demand when it should be declining – is changing attitudes toward oil-industry promotion in France and possibly Canada. 

RBC under investigation by Competition Bureau over climate claims

Canada’s largest commercial bank Royal Bank of Canada (RBC) is facing an investigation by the Competition Bureau of Canada over allegedly deceptive advertising related to its climate action, according to a document obtained by Yahoo Finance Canada.

Nescafé unveils $1.4B regenerative coffee farming plan

Nescafé has unveiled plans to invest over $1.4 billion in scaling up regenerative agriculture methods and environmentally sustainable coffee farming worldwide over the coming decade, as part of Nestlé's drive to halve its greenhouse gas emissions by 2030.

Food waste innovators take aim at West Coast farms

An estimated 17 per cent of global food production goes to waste between harvest and retail, according to the United Nations. But what if one could begin to stem the tide right at harvest?

Intelligent City wants to automate the future of sustainable housing

In a repurposed shipyard building south of Vancouver, the architect and entrepreneur Oliver Lang gestured at a prefabricated building façade, before pointing at one of the three robotic arms that had helped build it.

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