Greening the concrete jungle
Posted June 13, 2019
Are low-carbon aluminum, cement and steel pipe dreams or the blueprint for a brighter future?
The production of steel, cement and aluminum collectively accounts for about 15% of global greenhouse gas emissions and demand for the industrial materials is on the rise. A handful of pilots are underway to develop zero or nearly-zero carbon versions of these carbon-heavy materials, but the pace of change is hampered by a dearth of investment.
Pilot examples include Sweden’s Hybrit, which aims to replace coking coal with hydrogen and electricity; Quebec’s Elysis, described as the world’s first carbon-free aluminum smelting process; and Carbicrete, also from Quebec, which is developing cement-free, carbon-negative concrete.Continue Reading...
Top company profile: The Co-operators
Posted June 4, 2019
The coop insurer sells climate insurance products and then invests those premiums for positive impact
The Co-operators Group, an insurance and financial services organization, is expected to operate differently than many of its financial services peers. The company’s cooperative business model means that profit has to be balanced with the needs of its clients and community. That’s a responsibility the Guelph, Ont.-based company does not take lightly as it tries to boost the sustainability performance of its operations and many of its products and services. For example, the Co-operators was the first insurer to offer water damage coverage in Canada’s most vulnerable areas as well as storm surge coverage in coastal ones providing some protection to people whose homes are standing in the path of increasing climate chaos. The company also provides generous employee benefits such as a mental health package for families in need.Continue Reading...
Power of the people
Posted November 12, 2018
Community ownership of wind farm projects can diminish the backlash against the renewable energy source.
When the 10 turbines started rotating at the Gunn’s Hill Wind Farm in late 2016, they brought more than just green energy to Ontario’s Oxford County – they brought in revenue.
Gunn’s Hill – owned by the Oxford Community Energy Cooperative (OCEC), the Six Nations of the Grand River and developer Prowind Canada – is Ontario’s first community-sponsored wind farm and Canada’s first wind initiative to include both coop and Indigenous ownership.
The $9-million project included individual investments of $1,000 to $10,000 from 136 coop members. The project is meeting its goal of providing a rate of return of between 10 and 11.11 per cent to investors, OCEC executive director Miranda Fuller says.Continue Reading...
2018 top company profile: Hydro-Québec
Posted June 7, 2018
The public utility decided to overhaul its corporate culture in order to become a better corporate citizen.
One sure sign Hydro-Québec is doing something right by its stakeholders is the growing number of requests the public utility says it has been getting to sponsor local sports teams across the province. More employees also appear to be wearing clothing with the company’s logo around the office and out in the community.
“A few years ago, they were shy of putting the logo on them,” says Éric Martel, president and CEO of the public utility, which manages the generation, transmission and distribution of electricity in Québec.Continue Reading...
Top company profile: Saskatchewan Research Council
Posted April 19, 2018
The research and business organization is committed to operating more sustainably
Since it was founded in 1947, the Saskatchewan Research Council (SRC) has been helping companies grow and then later find ways to reduce their energy, water and waste. The SRC has also developed tools that allow companies to analyse their overall carbon footprint.
Then, earlier this decade, the provincial Crown corporation realized it had overlooked one key stakeholder in its mission to improve environmental performance – itself.
“It was a laugh/cry moment a few years ago when we realized we should be applying some of these tools to ourselves,” says Laurier Schramm, president and CEO of the SRC, one of Canada’s leading applied research, development, demonstration and technology commercialization organizations. “We decided that we couldn’t be all that we could be if we weren’t conducting our own business in a responsible manner and if our communities and partners didn’t perceive us to be doing that.”Continue Reading...