Ladies first: All 240 TSX Composite companies now have at least one female director
Posted October 30, 2019
We’re slowly chipping away at the glass ceiling, but just 17 Canadian companies have gender-balanced boards
Countless books have been written on the keys to running a successful corporation. One hot tip confirmed yet again by the latest research: put more women in leadership. Recent number-crunching from Morgan Stanley found that globally, the most gender diverse companies outperformed regional benchmarks by 1.7% yearly – even more so in North America. This after the latest findings from the Harvard Business Review concluded that having at least one female director on a board was associated with better acquisition decisions and ultimately improved a firm’s performance.Continue Reading...
Not business as usual: A roundup of Canadian businesses joining global climate strike
Posted September 27, 2019
Which Canadian companies are encouraging workers to join the today's climate strike?
“It’s not business as usual for the world's children to skip school to get adults to pay attention to the climate crisis. It’s not business as usual for citizens to strike to get governments to make meaningful commitments to climate action. So, on Friday, September 27, we’re not doing business as usual.”
That’s the statement issued by a group of global businesses pledging to support worker participation in the climate strikes last week and today, September 27, as millions around the world gather to demand greater climate action from governments.Continue Reading...
The Great Coal-lapse
Posted July 16, 2019
In Switzerland, the U.K. and yes, even the U.S. signs of a post-coal world are emerging
In spite of any magical thinking, “beautiful, clean coal” doesn’t exist. Coal is the dirtiest fuel. It emits the highest proportion of carbon dioxide compared to other fossil fuels as well as other noxious substances such as sulphur dioxide, nitrogen dioxide, particulate matter and mercury.
Fortunately, coal is on the way out. Germany is even managing to shutter its coal industry without sacking a single miner.Continue Reading...
Happiness index: Smile for more progress
Posted July 12, 2019
While Finland may be happiest country on earth, Canada is slipping on UN ranking
There’s good news and bad news in the latest research on world happiness.
The seventh annual World Happiness Report was released in March by the UN’s Sustainable Development Solutions Network. Yes, there’s a science of happiness, and the data is robust enough that researchers can measure people’s well-being in 156 countries.
The calculations are more complicated than you might think, but here’s the bottom line.Continue Reading...
Car-free cities are picking up speed
Posted June 21, 2019
Oslo, London, Berlin and even Toronto are among a growing list of cities paving the way for cleaner commutes
When a Labour-Green coalition replaced the Conservative party at Oslo’s city hall in 2015, change was on the table. But one of the council’s promises – to become the first European city to ban motor traffic in the heart of the city – collided head-on with angry motorists and a business group that claimed such a ban would create a “poorer city” and a “dead town.”
Costing climate inaction: Bank of Canada joins ‘coalition of the willing’
Posted May 29, 2019
While Canadian politicians waffle over climate change, Bank of Canada declares climate risks a threat to economy
While politicians in Canada and around the globe deny or waffle over climate change, the world’s central bankers are taking the climate crisis seriously.
"Climate change continues to pose risks to both the economy and the financial system," said Bank of Canada Governor Stephen Poloz with the release of the bank's first-ever report on climate risks earlier this month. The bank announced that it's undertaking a multi-year research plan to better assess the climate risks facing Canada's financial system, including looking at bank loans to carbon-intensive sectors.Continue Reading...
Family feud: Shell breaks rank with other oil producers over low-carbon future
Posted May 28, 2019
Shell puts nine oil associations on notice – including Canadian Association of Petroleum Producers – over climate differences
The world’s major oil companies are so tightly aligned that they were once known as the Seven Sisters. But as the climate crisis grows, the family bond is fading.
In April, Royal Dutch Shell announced that it had recently reviewed its role in 19 industry associations in Europe, North America and Australia and that it would pull out of one of them and serve notice to nine more.
Relative to major oil peers, the Anglo-Dutch oil giant has been among the leaders on climate change, endorsing the Paris Agreement as well as the UN’s Sustainable Development Goals.Continue Reading...
Civil liberties group challenges Doug Ford’s gas pump propaganda
Posted May 22, 2019
Ontario's provincial government has turned gas companies into PR firms, says Canadian Civil Liberties Association
When the federal carbon tax came into effect in Ontario on April 1, it was a first step towards putting a realistic price on carbon pollution. But populist premier Doug Ford was apoplectic. One of his first acts after winning the election last June was to cancel the previous Liberal government’s cap-and-trade system. So he wasn’t about to sit and watch as Ottawa replaced that system with a tax he calls a “job killer.”Continue Reading...
Spotlight on green building innovation: Library Square Tower, Vancouver
Posted April 12, 2019
The Government of Canada has announced a target to reduce greenhouse gases (GHGs) in federal government operations by 80% by 2050. As assistant deputy minister, real property services, Kevin Radford has his work cut out, with a remit that includes 7.1 million square metres of building space. But unlike much of the rest of the country, his department has already achieved a 54% reduction of GHGs from the 2005 baseline. “To hit the 80% target, we have to get into really deep green retrofits,” says Radford, “which requires a whole new way of looking at upgrades.”Continue Reading...
Green New Deal has kicked off new climate conversation
Posted April 9, 2019
Republican-led U.S. Senate may have rejected the Green New Deal, but climate advocates aren't deterred
The Republican-led U.S. Senate may have rejected the Green New Deal March 26th, but climate advocates aren't deterred.
Looking to own the anti-Trump vote in next year’s elections, the Democrats have been rallying around the Republicans’ greatest nightmare: the Green New Deal (GND). The ambitious, but non-binding, resolution submitted to Congress in February proposes to eliminate “pollution and greenhouse gas emissions as much as technologically feasible” over 10 years. It would also require the U.S. to shift away from fossil fuels in favour of “clean, renewable and zero-emission energy sources.”Continue Reading...