For profit, obviously. Divesting from fossil fuel would lose business and lower profits, so the thinking goes. But is this true? A study finds ethical banks are just as profitable as major banks. If a mainstream bank adopts sustainable banking principles can they realistically expect to maintain profits? I look into the study’s methodology and see what a major bank can take away from the findings.
Bullfrog Power is an inspiring Canadian green energy success story. Since 2005 Bullfrog pioneers in providing easy solutions for large businesses like Walmart, Unilever, and RBC as well as individuals to power their homes and offices with 100% renewable energy. At their tenth anniversary I talk to CEO Ron Seftel on how the green energy landscape has evolved and how businesses may position themselves for the anticipated changes from our new climate-friendly federal and provincial governments.
What is your carbon footprint? Each Canadian causes 15 tons of CO2 emission per year, American 18 tons, Australian 17 tons, Dutch 11 tons, German 9 tons, British 8 tons, Chinese 6 tons, Indian 2 tons. How much of these emissions are caused by business travels? What can you do to reduce your business travel footprint? Let’s find out.
Need some help on driving your office’s green initiatives? WWF Canada offers free downloadable tools including getting-started guides, spreadsheets, benchmarks, campaign poster templates for corporate green initiatives on energy reduction, paper reduction, waste reduction, travel, procurement, and green team building. Let’s take a look at some of these tools.
Apple, BMW, LG, HP, Coca-Cola, and Walmart are among the 187 companies cited by non-profit Carbon Disclosure Project for doing the most to combat climate change. These green warriors also outperform the Bloomberg World Index. The five Canadian companies that made this elite group are TD Bank, Bombardier, TransCanada, Teck Resources, and CN Railway. I find out how their stock prices compare to the S&P/TSX Index.