If cattle are the new coal, are Canadian peas the new solar?
Posted November 18, 2019
While report says most meat companies are failing to prepare for climate risks, Canada's yellow peas are part of plant boom
When McDonald’s announced it was tweaking its beef burgers in early August to make them “hotter, juicier and tastier,” the media proclaimed that the fast food giant was “doubling down on beef” and snubbing the “vegan craze” altogether. Six weeks later, word emerged that McDonald’s Canada would embrace the plant protein trend after all. It’s launching a global pilot for Beyond Meat burgers in select Ontario stores – and at 50 cents less than its rival A&W sells the famed vegan patty.Continue Reading...
Can plant-based plastics dig us out of waste crisis?
Posted September 26, 2019
Why compostable plastics are condemned to landfill and what can be done to solve the packaging conundrum
How do you fix a consumer economy that’s waist-deep in disposable plastics? With cargo boatloads of our plastic trash getting turned back from Asia, only 9% of plastics being recycled and single-use plastic bans now in 60 countries and counting, businesses big and small are scrambling for alternatives that don’t leave their customers saddled with guilt.
One option under the microscope: plastics that come from the earth and – the hope is – return to the earth. Seafood shells, sawdust, cornstarch, algae, tree bark, chicken feathers – pretty much any natural substance you can think of is being converted to plastic. Compostable plant-based plastics in particular have been officially pinned to the vision board of a new circular economy. In August, Molson Coors became the latest of 125 corporations (including L’Oréal, Mars, PepsiCo, The Coca-Cola Company and Unilever) to join the Ellen MacArthur Foundation pledge to phase out unnecessary plastic packaging and work toward “100% reusable, recyclable, or compostable plastic packaging by 2025.”Continue Reading...
Corporate Knights joins global campaign, Covering Climate Now
Posted September 16, 2019
Why we're joining 250 newsrooms in 32 countries to ramp up coverage of the climate crisis – and its solutions
Today, over 250 news outlets from around the planet, with a combined reach of over 1 billion people, are banding together to ramp up media coverage of the climate crisis.
The Covering Climate Now campaign, launching September 16, was co-founded by the Columbia Journalism Review and The Nation with the aim of strengthening the media’s focus on the climate emergency facing us all. Corporate Knights is one of several Canadian media outlets to join the campaign. That means we’ve committed to running a week’s worth of climate coverage in the lead-up to the United Nations Climate Action Summit in New York on September 23. It’s one of a number of editorial commitments Corporate Knights has made to bring the climate crisis to the fore.Continue Reading...
Dear Business Roundtable CEOs: Some tips on avoiding purpose-washing
Posted September 6, 2019
A roundup of helpful advice for the 200 CEOs that recently swore off their shareholder-first mantra
A lot has been written about how nearly 200 chief executives, including the leaders of Apple, Ford, Walmart and Pepsi, issued an eyebrow-raising statement on the purpose of corporations recently. In a move that’s been both widely hailed and derided, the Business Roundtable, America’s most influential lobby group of corporate leaders, denounced its longstanding position that corporations exist principally to serve their shareholders.Continue Reading...
The greening of pot: Can power-hungry cannabis sector turn over a new leaf?
Posted July 11, 2019
Grow-ops have long been environmental outlaws, but sungrown and organic firms trying to prove going green is good investment
If you pass the goats grazing on the hillside, you’ve missed it. Up a long country driveway at a ranch-style farm house in Ancaster, Ontario, there’s no sign telling visitors they’ve arrived at Canada’s largest licensed producer of organic cannabis. Just a badminton net. “We’re trying to give it a Google-type feel,” says VP of government affairs and social responsibility Ian Wilms on a tour of the grounds. “Employees keep asking if we’re going to start goat yoga soon.”
Wilms, a former IBM exec and chair of the Calgary Police Commission, and one of his partners had launched an LED lighting business when they decided to scope out the lighting booths at a cannabis convention. That’s when they got the bright idea to get into the cannabis business free of chemical pesticides and powered by LEDs instead of the searing high-pressure sodium lights singled out for ravenously consuming anywhere from 1 to 3% of the American grid (data is sketchy in Canada).Continue Reading...
A&W bets big on going Beyond Meat
Posted June 18, 2019
How serving up a plant burger that people crave (instead of settle for) is reviving A&W's fortunes
For those of us who’ve suffered through veggie burgers reminiscent of chewy, salted hockey pucks, it’s a great time to be alive. Fast-food chains and food companies, both big and small, are tripping over each other to deliver the world’s newest and tastiest plant burgers to a growing market of vegans, vegetarians, flexitarians and the plain plant-curious.
Canadians, however, were mostly relegated to reading about the latest plant burgers – until A&W got in on the action. Yes, the chain best known for its baby boomer-pleasing root beer decided to get a piece of the much-hyped pea-based Beyond Meat burger before any other national burger franchise in the country.Continue Reading...
Plant burgers bring home the bacon
Posted June 6, 2019
Why Canada's king of pork and poultry became prince of plant protein in America
It’s just after noon inside the belly of Maple Leaf Foods’ glassy headquarters in the hinterlands of a Toronto suburb. Beyond rooms featuring simulated home and restaurant kitchens and a faux marketplace deli counter, the titan of Canadian pork and poultry sits in a large dining room gesturing for me to try his newest burger. This is no rebrand of meat on a bun. At an intimate lunch with his people and mine, CEO Michael McCain is unveiling a vegan patty cooked up to take a bite out of the skyrocketing plant-based protein market.Continue Reading...
Bill McKibben on investing in “nothing that burns”
Posted May 2, 2019
We chat with the renowned climate activist about how he invests his own money and the global push to dump fossil fuels
It's been a busy spring for the divestment movement and everyone working to get big money out of fossil fuels. This week, New York State held public hearings debating the issue of divesting the New York State Common Retirement Fund from oil, coal and gas. Last week, Denver announced that its US$5.3 billion portfolio had liquidated its holdings in Exxon and Chevron - just one month after Denver's mayor announced the city was going fossil-free. And the UK's parliament recently took a tentative first step towards shifting its pension away from fossil fuels before officially declaring a "climate emergency."Continue Reading...
It’s time Canadian grocers – and governments – get tough on plastics
Posted April 30, 2019
Metro's OKed reusable containers and Montreal might ban Styrofoam-backed meat, but we need nationwide action
If you need more signs that the movement against plastic is gaining traction, look no further than last month's World Petrochemical Conference. Some of the planet’s largest plastic chemical manufacturers gather in Texas every year to discuss advances in technology and industry trends. Last year’s WPC theme was about “cresting the wave” and prospering in boom time. This year, speaker after speaker discussed how looming political and environmental risks are threatening the sustainability of plastic’s “golden age.”Continue Reading...
Tim Nash’s sustainable stock showdown: Canopy vs The Green Organic Dutchman
Posted April 15, 2019
In honour of the first legal 4/20 celebration in Canada, we're exploring which pot stocks will create the cleanest hit
We all know that investors shouldn’t buy high, but where does that leave investors in cannabis? In honour of the first legal 4/20 celebration in Canada, we’re exploring which pot stocks will create the cleanest hit for sustainable investors.
Before we get started, I need to communicate that cannabis stocks are much riskier investments than the typical big companies we look at in this column. A high Beta suggests heavy volatility, so only invest if you’re ready to put on a safety belt and go along for an intense ride.Continue Reading...