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QuadReal lays out net-zero strategy

1 year ago

QuadReal lays out net-zero strategy

After announcing a 2050 net-zero target for its expansive real estate portfolio, QuadReal Property Group detailed its sustainability strategy to SustainableBiz, centered around energy efficiency, retrofits and renewable energy adoption.

Canadian investors lead in 2022 GRESB survey

Eight Canadian real estate investors and their portfolios have been recognized as sustainability leaders in the Americas through their notable placements in the 2022 Global Real Estate Sustainability Benchmark (GRESB) Survey, with one also leading globally.

Ericsson Canada partners on 5G energy reduction

Ericsson Canada is collaborating on a program with academics to explore how AI can be used to minimize the energy consumption from 5G networks with the aim of helping communications providers reduce their carbon footprint and operational costs.

1940s-era Kingston building retrofit to cut GHGs 80%

Modern Niagara Group has an ambitious goal for its retrofit of an industrial and office complex at 945 Princess St. In Kingston, Ont. The contractor is targeting an 80 per cent reduction in greenhouse gas emissions at the 1940s-era structure.

Canada not falling behind U.S. on climate: Trudeau

Prime Minister Justin Trudeau is downplaying fears that Canada is falling behind the U.S. on climate action as Washington begins rolling out billions of dollars in new spending to reduce emissions.

Canada's banks financed 1.9B tonnes of emissions

Canada's eight biggest banks financed about 1.9 billion tonnes of emissions in 2020, estimates a report out Tuesday by Oxfam groups in Canada that calls on the industry to increase its own emissions disclosure.

Battery record set by Axium, Canadian Solar

Axium Infrastructure and Canadian Solar‘s Recurrent Energy and CSI Energy Storage subsidiaries have begun operations at Crimson Storage, a 350 MW/1,400 MWh standalone energy storage project in California.

Bombardier partners with Signature Aviation on SAF

Bombardier and Signature Aviation announced they had reached a multi-year agreement for the purchase of sustainable aviation fuel (SAF) quantities, utilizing the Book and Claim system, covering all of Bombardier’s flight operations starting in January 2023.

Metro commits to climate-related financial disclosures

Canadian food retailer Metro has made a commitment to support the Task Force on Climate-related Financial Disclosure (TCFD).

London dairy farm first in Ontario to produce RNG

A small town north of London is on its way to becoming a more sustainable community thanks to a nearby dairy farm that is the first in Ontario to produce renewable natural gas (RNG).

BP to acquire U.S. biogas producer Archaea for $5.6B

BP Plc. agreed to acquire biogas producer Archaea Energy Inc. for about $5.6 billion including debt, the latest step in the U.K. energy giant’s expansion into into lower-carbon fuels.

DAC could address oil industry CO2 in Houston

Houston-based Occidental Petroleum Corp. announced an innovative carbon capture project in late August that could bring the state’s energy sector towards carbon neutrality using direct air capture (DAC).

Microsoft's climate leadership and baggage

Microsoft has been a climate vanguard with two ambitious and far-reaching policy briefs. It is also an impediment with its membership in lobbying groups that hold back climate action.

Corporate climate disclosures jump in 2022: CDP

Companies worth half of total global market capitalization are now disclosing environmental data after a 42 per cent year-on-year rise in the number of firms reporting, new data from CDP showed.

87 countries approach clean energy tipping point

Clean energy has a tipping point, and 87 countries have now crossed it. Green technologies and electric cars take years to eke out gains in a market, but once ownership hits 5 per cent, mass adoption goes into warp speed.

U.S. renewables set for 20% boost from IRA

The Inflation Reduction Act (IRA) will boost development of solar, wind and big batteries by at least 20 per cent through 2030, accelerating what would already have been rapid growth, according to BloombergNEF, a clean-energy research group.

Global CO2 emissions rise slowed by renewables: IEA

Global carbon dioxide emissions from burning fossil fuels are expected to rise by just under 1 per cent this year, as the expansion of renewables and electric vehicles outweighed coal demand, the International Energy Agency (IEA) said.

Climate change requires six times more ambition: WRI

The international community needs to be six times more ambitious than it has been in the past year if it wants to avoid catastrophic climate change and keep to the Paris Agreement, according to the World Resources Institute (WRI).

Climate nonprofit tries to fill carbon removal funding gap

Tech companies have committed hundreds of millions of dollars to buy carbon dioxide removal services. Now, Terraset, a new nonprofit, is jumping in to help channel private philanthropy into the nascent field.

New York clean energy goals show promise

With the recent announcement of two new transmission projects that will bring clean energy from upstate New York and Canada, though, the New York City finally appears to be making progress toward its clean energy goals.

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