Tuesday, May 6, 2025
ESG and sustainability consulting market to hit record $16B
Spending by companies on ESG and sustainability consulting is set to more than double over the next five years to a record $16 billion, according…
ESG
Lessons in ESG: The road to net zero is paved by board education
By Helle Bank Jorgensen As environmental, social and governance (ESG) issues climb higher up the business news agenda, board directors, senior executives and shareholders are…
Siemens Gamesa Renewable Energy names new CEO
Siemens Gamesa Renewable Energy has appointed Jochen Eickholt, a member of the executive board at Siemens Energy as its chief executive officer. Eickholt will take…
Industry recommendations on building a climate resilient Ontario
Ontario’s rapidly changing climate will increase the likelihood of weather events such as flooding and extreme heat in coming decades. The province needs to focus…
Purpose ESG names new chair for board of directors
Purpose ESG Holdings Inc., an investment issuer building a portfolio of technology companies demonstrating leadership in environmental, social, and governance (ESG) outcomes, has announced the…
The top sustainable corporations in the world announced
Today Corporate Knights Inc., which publishes one of the world’s largest magazines focused on clean capitalism, presented the 18th annual Global 100 Most Sustainable Corporations…
Make it Count: Structuring Climate Finance to Meet COP26 Objectives
By Christina Schwantes and Colin Powell One of the most pressing goals of COP26 is mobilizing climate finance, but we need the right structures in…
Making Biodiversity a Priority: Sponsored Story
The world is waking up to the global environmental crisis. Carbon emissions are raising temperatures to levels never seen before in human history, creating devastating…
Government of Canada Selects TD and HSBC for Inaugural Issuance of Green Bonds
The Government of Canada’s Department of Finance has selected The Toronto-Dominion Bank (TD) and HSBC as the two structuring advisors for its inaugural issuance of…
Federal Government Launches Sustainable Finance Action Council
Investors and governments around the world are recognizing that key to a sustainable economic future are sustainable financial investments. Sustainable finance is about incorporating environmental,…
Survey Reveals Concern for Achieving Net Zero Targets
A survey by GHD, one of the world’s leading professional services companies, has found that only 47 per cent of Canadian consumers and 42 per cent…
Canada’s New Growth-Focused Climate Fund Launched
Purpose Investments Inc., based in Toronto, Ontario, has announced that Purpose Global Climate Opportunities Fund is now available to investors. Canada’s new growth-focused climate fund will began…
Carrots or Sticks? Regulatory Requirements and Financial Incentives for Climate Action
By Tyson Dyck and Henry Ren Given the potential for climate change to drive transformation across entire economic sectors, the fact that it often dominates…
TD Bank Bolsters Sustainability Efforts, ESG Reporting
TD Bank Group bolstered its sustainability efforts in the past year, according to its annual environmental, social and governance (ESG) report, including plans to link…
RBC Commits to $500 Billion in Net-Zero Financing by 2050
Canada’s biggest bank, the Royal Bank of Canada (RBC), is demonstrating its commitment to accelerating clean economic growth and helping communities transition to net-zero. Yesterday,…
Brookfield’s New $7.5 billion Climate-Focused Fund
Brookfield Asset Management Inc. plans to raise at least $7.5 billion for a new climate-focused fund, as the Canadian investment firm builds out an environmental,…
Manulife Investment Management Issues Inaugural Climate Report
Hancock Natural Resource Group (HNRG), a Manulife Investment Management Company, recently released its inaugural climate disclosure report. The new report highlights the risks and opportunities…
WSP to Acquire Golder and Strengthen ESG Services
Leading engineering and design firm WSP Global Inc. has entered into an agreement to acquire Golder, a leading engineering and consulting firm with more than…
Enbridge Takes Action to Cut Carbon Footprint
Canada’s largest pipeline operator, Enbridge Inc., has set new emissions reduction targets, as the industry faces intense pressure from investors and government commitments to limit carbon…
McMaster University Signs on to UN Principles for Responsible Investments
McMaster University in Hamilton, Ontario is taking steps toward strengthening its commitment to climate change action, with transparent measurement, carbon reduction goals, and reporting. McMaster…
Investment Survey Finds Increased Support for ESG Issues
A new survey reveals that capital market participants are attaching greater importance to sustainable finance than a year ago, even as issuers and investors have…
Inaugural Green Bond and Appointment of Chief Sustainability Officer at VISA
Visa, a leading global payments technology company, announced that it has priced its inaugural green bond offering, totaling $500 million. The green bond, believed to…
CPP’s Investing Policy Reinforces the Role of ESG
The Canada Pension Plan Investment Board (CPP Investments) has published an updated policy on sustainable investments, reflecting its increased conviction in the importance of considering…