Big Oil finds a profitable path to going green
Posted February 18, 2019
Goldman Sachs says Big Oil can become Big Energy within 10 years by embracing greener energy
A recent Goldman Sachs report says big oil companies are key to the global climate debate, as their products account for 10 per cent of the carbon emissions of the global energy sector. The rest of the report asks: Can Big Oil change its ways?
Goldman’s answer is yes. It sets out a path through which Big Oil can become Big Energy by the year 2030 by embracing greener energy sources and higher-value petroleum products. These initiatives can help the oil industry reduce its carbon-emission intensity by 23 per cent, a target that matches sustainable development goals while still providing universal access to energy, according to the International Energy Agency.Continue Reading...
2019 Global 100 results
Posted January 22, 2019
Overview of 2019 Global 100 Most Sustainable Corporations in the World index
Global 100 ranking FAQ
Posted January 21, 2019
Answers to frequently asked questions about the Global 100 2019 ranking
How is this ranking calculated?
The ranking starts with identification of all publicly listed companies who had at least US$1B in revenues in the last fiscal year. They are screened for adequate performance disclosure, good financial health, and non-engagement in defined businesses and practices (e.g. weapons and tobacco manufacturing). The resulting shortlisted companies are scored on a mix and weighting of up to 21 performance metrics, tailored to their sector/peer group. The final G100 represents the top performers from each sector/peer group, with the number from each sector based on the relative size of its global market capitalization. See our 2019 Global 100 Methodology for more details.Continue Reading...
Clean Revenue Taxonomy & Definition
Posted November 15, 2018
Corporate Citizens Clean Revenue Taxonomy
Corporate Knights has made a commitment to define and refine a global clean revenue taxonomy standard for calculating Clean Revenue that is consistent, comparable, relevant, and specific as well as being public and free of charge, with the eventual aim of having “Clean Revenue” integrated into the segmented reporting guidance by global accounting standards-setting bodies.Continue Reading...
Making the grade
Posted November 9, 2018
The 2018 Better World MBA Results
There isn’t a business on the planet that doesn’t require an executive to be mindful of environmental and social impacts.
Petroleum and mining companies, working on the edge of human civilization, have long faced criticism for changing landscapes and discharging waste. Tech firms, which might seem insulated from scrutiny because they’re headquartered in big cities, own electricity-hungry data centres and source their metals from mines in the developing world.
If and when a media outlet uncovers a practice that the public deems subpar, a CEO needs to know how to defend the company’s actions, or know how to improve.Continue Reading...
Meet 2018’s Top 30 Under 30 in Sustainability
Posted November 6, 2018
One act at a time, these winners are tackling the big sustainability problems of our day and have no plans on stopping.
"Our supply of ingenuity … involves both the generation of good ideas and their implementation within society,” Canadian scholar Thomas Homer-Dixon wrote in his 2000 book The Ingenuity Gap.
“It's not enough for a scientist, community, or society simply to think up an idea to solve an environmental problem; the idea must also be put into practice – the hybrid corn must be planted, the new farming credit system must be set up and operated, the community must educate itself to change its behaviors – before the ingenuity can be said to be fully supplied.”Continue Reading...
Green firm financing could bring in $110 billion by 2025: report
Posted September 17, 2018
A new report looks at the revenues Toronto financial firms could make by targeting sustainable companies and projects.
Canada’s financial companies could make annual revenues of $110 billion by 2025 by targeting firms and projects that reduce or have lower greenhouse gas emissions, a trio of public and private groups said Sept. 17.
Taking advantage of the estimated opportunity, which was measured by Corporate Knights Research, requires a coordinated strategy between governments and companies, public-private partnership Toronto Finance International and financial services firm Ernst & Young Canada, two other members of the group, said.Continue Reading...
Posted May 16, 2018
Politicians search for answer as Lake Chad continues to shrink
Brainstorming unorthodox solutions for “recharging” Lake Chad was on the agenda at the International Conference on Lake Chad (ICLC) hosted by Nigeria in February.
The West African lake, once the fourth largest on the continent, has lost 90 per cent of its water mass over the past 50 years due to a combination of population growth, irrigation withdrawals and climate change.
This has threatened the livelihoods of over 40 million people in the region who depend on resources from the lake for crop and livestock farming, trade and fishing, according to UNESCO officials. Lake Chad’s current basin covers portions of Niger, Nigeria, Cameroon and Chad.Continue Reading...
Indigenous legal orders
Posted May 7, 2018
University of Victoria set to offer first combined common law and Indigenous law degree
The University of Victoria’s Faculty of Law will soon launch Canada’s first joint common law and Indigenous law program, as long as it secures final quality assurance approval from the provincial government.
Up to 25 students will begin the four-year program in September, which will combine a common law education with Aboriginal legal principles. Graduates are awarded degrees in both Canadian Common Law (Juris Doctor) and Indigenous Legal Orders (Juris Indigenarum Doctor).Continue Reading...
Posted March 29, 2018
British supermarket chain to eliminate plastic in own-label products
Popular British supermarket chain Iceland Foods is planning on eliminating all plastic from its own-brand products by 2023, according to a recent announcement by managing director Richard Walker.
“A truckload [of plastic] is entering our oceans every minute, causing untold damage to our marine environment and ultimately humanity – since we all depend on the oceans for our survival,” wrote Walker in a letter to customers. “The onus is on retailers, as leading contributors to plastic packaging pollution and waste, to take a stand and deliver meaningful change.”Continue Reading...