Leading business schools in Canada and around the world are adding sustainability to their required MBA curricula. Oxford in the U.K., INSEAD in France, and York University in Canada are some of the business schools with required courses in sustainability. This can be seen as an indicator that sustainability has become a core business competency needed to effectively compete in today’s and tomorrow’s environments.
A new environmental reporting guidance was released by the Canadian Securities Administrators for companies listed on Canadian stock exchanges, including the Toronto Stock Exchange which ranks third in North America and eighth in the world. What is involved and how should public and private companies respond? Let’s take a look.
Canadian luxury hotel giant Fairmont partners with World Wildlife Fund Canada to reduce its greenhouse gas emissions. We look at how Fairmont Waterfront, Chateau Lake Louise, Château Laurier, and Château Montebello implement their climate change projects in solar, hydro, wind, lighting retrofit and heat recovery, with project costs between $15,000 to half a million and payback time between 2 to 5 years. Future savings after payback could be very substantial.
Eighty-two percent of Canadian executives believe that a response to climate change is imperative today and plan immediate increases on spending for climate change initiatives, according to the new report Action Amid Uncertainty: The Business Response To Climate Change, based on a survey from Ernst & Young. Read this post on what Canadian companies are doing and what their future plans are for climate change, sustainability, and environmental initiatives.
The new British Columbia greenhouse gas emissions reporting regulation took effect on January 1, 2010. This means any B.C. business facility that emits 10,000 tonnes of carbon dioxide equivalent (CO2e) or more per year must file an annual report on their emissions. In addition, a facility emitting 25,000 tonnes or more of CO2e per year would require third party verification for their report. For the purpose of calculating your emission threshold, certain emissions from biomass may [Read more…]