Dream released a social procurement strategy to make its supply chain more diverse and inclusive by 2025. Dream’s strategy is one of the most ambitious of its kind in Canada and will showcase diversity and equity in the real estate sector.
In Canada’s first-ever Purpose in Business Week, business, government and thought leaders are creating a Roadmap to accelerate the purpose economy and mainstream social purpose in business that will require cross-sector engagement and collaboration across six critical levers.
Discussion abounds concerning how the construction industry needs to address its GHG emission levels. The number most often quoted quantifying the industry’s global contribution is 40 per cent. However, that needs to be broken down before potential solutions can be understood.
CEO and co-founder, Parity Inc.
We need a strategy to marry our best technological solutions with industry partners to meet our objectives. New transportation systems and industrial decarbonization are part of the solution; however, industry also expends vast amounts of carbon.
Hydro One and Peak Power have announced the launch of a pilot program to study the benefits of using electric vehicle charging technology to provide back-up electricity during power outages. Vehicle-to-Home charging technology will be installed at program participants’ homes.
There is no organization doing more to support corporations procuring renewables than the Renewable Energy Buyers Alliance (REBA). It is the centralized resource for corporate energy buyers and one of the first trade associations for clean energy focused on buyers.
The Magpie River in Quebec came under threat when Hydro-Québec included the river in its plan for a hydroelectric dam. Alarmed conservationists, whitewater rafters, a Côte-Nord municipality and a First Nation band formed the Muteshekau-shipu Alliance to oppose the project.
Massive floods in British Columbia have dumped a month’s worth of rain in two days, triggering mudslides that have destroyed several major roads and killed at least one person. Insurance loss estimates will not be available for several weeks.
The cost of Canada’s changing climate has been in the spotlight for years, be it from wildfires or ice storms. But historically, water damage has been the most expensive — and British Columbia is dealing with historic flooding following torrential downpours.
B.C.’s government announced a reforestation milestone, with one billion trees planted. Since 2018, the first planting season after the NDP formed government, the province has replaced forests that have been logged, lost to wildfires, or destroyed by mountain pine beetle infestation.
The flooding in southern B.C. will be the largest natural disaster for the insurance industry in 2021, says DBRS Morningstar’s Marcos Alvarez. “Increases in average annual insured weather-related losses are higher in Canada than at the global level,” he said.
What does the formation of the ISSB mean for ESG reporting? To answer that, I asked Jean Rogers, founder of the Sustainability Accounting Standards Board (SASB) and global head of ESG at Blackstone; and Robert Eccles, founding chairman of SASB.
Shareholders and stakeholders alike are demanding exponentially more from businesses on sustainability. Not just on disclosure and reporting, but tangible actions and clarity on their environmental, social and governance issues (ESG) strategies and quantifiable results.
Climate-action technology company ClimateView announced it has made parts of its ClimateOS platform available to cities free of charge. ClimateView says the technology will help cities develop strategies to cut their greenhouse gas emissions in line with Paris Agreement commitments.
The National Capital Commission will ban the use of gas-powered leaf blowers, hedge trimmers and other small tools on its property — and the City of Ottawa could potentially follow suit. The ban does not come into effect until April 2023.
The Tulip was slated to be the tallest building in London: a thousand-foot tall observation tower that would sit next to the Gherkin. The developers described it as the “centrepiece of a new innovative hub for culture, business and learning.”
Tourists have always come to experience nature when they visit Twillingate, Newfoundland, but now they want to ensure their experience is environmentally friendly as well. Experience Twillingate makes environmentally friendly values a selling point, upping their eco-game.
Disparity between employees’ expectations for green business travel and current company policies is highlighted in new research. 75 per cent of travellers want to reduce their reliance on air travel for business because of its impact on the environment.
COP26 was a torrent of lofty talk, culminating in a watered-down agreement that represents both progress and failure. It will be up to all of us to ensure difficult decisions don’t give way to good intentions and greenwashing.