Would a BP style disaster happen to a company you invest in? That’s a question increasingly asked by Canadian investors. A range of proposals and resolutions has been filed in the past two years by shareholders to management of Canadian companies in various industries. What do shareholders want? How does management respond? What are the trends? Let’s take a look.
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…]
Your business may decide to prepare a greenhouse gas emissions inventory and report for reasons such as regulatory compliance, reporting to stakeholders, preparing your corporate annual report, or understanding your climate change related risks. Whatever the reasons, you will need competent people to conduct the work. How do you find such people? As mentioned in my earlier post, if your Canadian business has internal staff with good greenhouse gas (GHG) inventory experience and they have [Read more…]
The new Ontario Greenhouse Gas Emissions Reporting regulation took effect on January 1, 2010. This means any Ontario facility that emits 25,000 tonnes of carbon dioxide equivalent (CO2e) or more per year must file an annual report on their emissions. For the purpose of calculating your emission against the threshold, up to 15,000 tonnes of biomass emissions may be excluded. In a recent gathering at the Ontario Investment and Trade Centre, Mr. Eric Loi of the [Read more…]