Corporate Knights

Seven ways to reduce economic inequality  

Corporate Knights

The litany of inequality is stark: Canada’s 87 richest families ?own own 4,448 times more wealth than the typical family, and while Canada’s top 1% own a quarter of the country’s wealth, the least-wealthy 40% own just 1.2%. .

Canada’s oil-sands companies reap windfall profits while lobbying against real climate action

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COP27 exposed some realities about the oil and gas sector’s climate ambitions.

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It’s time for a crackdown on corporate net-zero pledges, UN expert panel says

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Governments are being called on to put some regulatory muscle behind corporate net-zero pledges to ensure they don’t amount to mere greenwashing. .

Six ways to produce rapid affordable housing

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Guy Dauncey is the author of Journey to the Future: A Better World Is Possible. . Canada’s housing crisis is causing distress for millions of people who are struggling to find affordable places to rent. It’s causing trouble for business owners, too. In Qualicum Beach, B.C.,

Six ways to end Canada’s affordable housing crisis

Corporate Knights

Guy Dauncey is the author of Journey to the Future: A Better World Is Possible. All around the world, people on the cruel side of the affordable housing crisis need our help.

Big business puts its industry associations on notice: No more blocking climate policy

Corporate Knights

Just a few years ago, much of the business community viewed climate advocates with indifference or skepticism. Today, companies representing 40% of the stock market have committed to science-based targets around reducing their greenhouse gas emissions in line with the Paris Agreement. .

Oil and gas lobbyists swarm COP27

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There are more than 600 fossil fuel lobbyists at the Cop27 climate conference, a rise of more than 25% from last year and outnumbering any one frontline community affected by the climate crisis.

Which banks are financing the clean energy transition?

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Predictions for the total cost of the clean energy transition range from an incremental US$1 trillion per year to a total of US$10 trillion per year – but everyone agrees it won’t be cheap.

Memo to CPPIB: There’s no such thing as ‘no-carbon oil’

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Adam Scott is d irector and Patrick DeRochie is s enior m anager for Shift Action for Pension Wealth and Planet Health, a charitable initiative that tracks the climate strategies of Canadian pension funds and works to protect pensions and the climate by bringing together beneficiaries and their pension managers to engage on the climate crisis. .

Will more countries ban fossil fuel ads?

Corporate Knights

Back in the 1960s, Canadians loved Esso’s ad campaign “Put a tiger in your tank” so much they attached colourful “tiger tails” to their gas tank covers. The plush orange-and-black pennant flapped proudly behind Granddad’s Pontiac as it belched exhaust fumes and promoted his favourite hydrocarbon.

In defence of ESG

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Muhammad Asif is an associate professor of management sciences at Plymouth State University. Cory Searcy is a professor and the vice-provost & dean of the Yeates School of Graduate Studies at Toronto Metropolitan University. ESG has become a contentious corporate and political battleground.

The biggest carbon losers

Corporate Knights

This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. Our researchers evaluated the greenhouse gas (GHG) emissions of more than 6,500 publicly traded companies.

Meet the land developer trying to stop a highway through Ontario’s greenbelt

Corporate Knights

Gideon Forman is a climate change policy analyst at the David Suzuki Foundation. Earlier this year, the David Suzuki Foundation circulated an open letter calling for the protection of southern Ontario’s greenbelt, citing the proposed Highway 413 north of Toronto as a major threat.

Are MBAs doing enough to equip tomorrow’s CEOs for purpose beyond profit?

Corporate Knights

At business schools worldwide, topics on sustainability, climate risk and income inequality are popping up in MBA programs, with new content, certificates and research.

Top 40 MBAs double down on commitments to sustainability

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A business course that once focused on maximizing shareholder profit now teaches how to measure purposeful value creation. A risk-management class, once strictly concerned with fiscal threats to corporate profits, now assesses climate impacts on bottom-line decisions.

Corporations promise to go deforestation-free – again

Corporate Knights

On a rainy morning at Climate Week NYC in September, dark clouds crack with thunder over Manhattan’s traffic-jammed streets. At the Colgate-Palmolive headquarters on Park Avenue, demonstrators have gathered outside as the CEO of the candy bar giant, Mars Inc.,

Will Drax’s claim that burning Canadian wood pellets is green go up in smoke?

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Ben Parfitt is a resource policy analyst with the B. office of the Canadian Centre for Policy Alternatives. . In April 2021, the United Kingdom’s Drax Group purchased Pinnacle Renewable Energy, becoming the largest wood pellet-maker in British Columbia and Canada. .

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Is it time for a meat tax?

Corporate Knights

Rearing livestock and growing crops to feed them has destroyed more tropical forest and killed more wildlife than any other industry. Animal agriculture also produces vast quantities of greenhouse gas emissions and pollution.

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New report shows $200-billion drop in responsible investing market share in Canada

Corporate Knights

For more than a decade, responsible investing in Canada experienced steady upward growth. A new report says that trend has reversed itself in the last two years, as the industry struggles to respond to allegations of greenwashing and a tougher regulatory environment. .

COP27 and the Canadian mini climate budget that wasn’t

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The 27th UN climate summit, COP27, which got underway in Egypt on Sunday, seems to have been pre-ordained as a modest contribution to the increasingly fraught fight against climate change. .

The man who would be ‘climate king’

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On February 19, 1970, a nervous, 21-year-old Cambridge University student, wearing a mud-brown suit typical of the times, warned the Welsh Countryside Commission?in in Cardiff about “the horrifying effects of pollution in all its cancerous forms.” .

Four solution-packed books about climate change you need to read this fall

Corporate Knights

The climate crisis can feel overwhelmingly complex and frustratingly simple at the same time. If you’re in need of some inspiration or some pragmatic information about how to take action, here are a few new books about the climate crisis that may light a fire under you.

What if government spent big on greening homes

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My wife and I live in a 110-year-old semi-detached house in midtown Toronto. Like many homes across the country, the walls are brick and thus uninsulated.

Chipotle, Whole Foods top food company report card on animal welfare

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Over the last decade or so, big food companies have pledged to improve their animal welfare standards. A new report card by animal rights organization Mercy for Animals shows that some companies operating in Canada are making progress on their public commitments, but others are falling behind.

The price of making peace with nature

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Pakistan, a country whose contribution to greenhouse gas emissions is tiny by Canadian standards, knows the fury and the injustice of climate chaos.

Cracks showing in Mark Carney’s net-zero financial alliance

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Mark Carney’s US$130-trillion Glasgow Financial Alliance for Net Zero (GFANZ) has lost two pension funds and a consulting company in recent weeks, and some large U.S. and Canadian banks are threatening to withdraw because of new membership criteria requiring a fossil fuel phase-down.

Advocates urge regulation of banks’ climate commitments to avoid greenwashing

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A coalition of environmental groups is calling on the federal government to regulate climate commitments made by banks and other financial institutions to avoid greenwashing and accelerate change. .

Fossil fuels phase-out pact fizzled at COP27. What more can be done?

Corporate Knights

The latest UN climate change summit (COP27) concluded, once again, with a tussle over the place of fossil fuels in the global economy. An agreement by the world’s governments to phase out all fossil fuels would have been a welcome progression from last year’s Glasgow climate pact.

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Why is plant-based protein still more expensive than meat?

Corporate Knights

Food prices are surging across much of North America, as pandemic-related supply chain issues persist; floods, droughts and storms hit farmland; and the war in Ukraine snarls global food systems. In May 2022, Canadians paid 9.7%

Mark Carney’s net-zero banking alliance backtracks on compulsory climate targets

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Just a year ago, Mark Carney inspired optimism among climate finance campaigners by founding a new alliance of banks and other financial institutions that pledged to decarbonize their portfolios.

Where women lead, money follows

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With files from Rick Spence and Susanne Ruder. The glass ceiling at Canada’s greenest companies is getting pretty thin, and the women at the top have their sights set on climate change. “I

Most carbon capture and storage projects are failing, researchers say

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Hearings to begin in 'historic' youth climate lawsuit against Ontario government

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Fraser Thomson is a lawyer with Ecojustice. Alex Neufeldt is an entrepreneur in Ottawa, and Shelby Gagnon is an artist and food security worker originally from the Aroland First Nation northeast of Geraldton, Ontario. They’re two of the seven youth plaintiffs in Mathur et.

Who wants to be India’s greenest billionaire?

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If there is one word that captures India’s dramatic push to turbocharge its renewable energy sector, it is this: ambition.

Putting car industry lobbyists’ ZEV claims to the test

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Nate Wallace is clean transportation program manager at Environmental Defence. Around North America (and soon the United Kingdom), a growing number of provincial and state governments have started requiring carmakers to meet annually increasing zero-emissions vehicle (ZEV) sales targets.

How green will Canada’s hydrogen push be?

Corporate Knights

Governments around the world are promoting clean-burning hydrogen as a critical component of our net-zero drive to avert the most catastrophic impacts of climate change.

Rotterdam uses smart tech to 'save city from drowning'

Corporate Knights

During the past decade, thousands of Rotterdam building owners installed green roofs on their dwellings – about 330,000 square metres in total, almost 2% of the city’s 18.5 square-kilometre of flat roof space.

Canada’s $1.6 billion Climate Adaptation Strategy sounds impressive –  if it's a down payment

Corporate Knights

Cities are at the centre of Canada’s five-year, C$1.6-billion climate adaptation and resilience strategy, with Ottawa looking to local governments to deliver supports to Canadians increasingly facing the threat of wildfires, heat waves, and catastrophic storms and flooding.

'Green hydrogen' plant in Nova Scotia will be powered by coal

Corporate Knights

A green hydrogen/ammonia facility planned in Point Tupper, Nova Scotia is being touted as a blessing for the province’s climate goals, even though it will initially be powered by a coal-fired grid—with all the ammonia slated for export overseas.

Women lead the world’s most sustainable cities

Corporate Knights

In the fight against climate change, cities are proving to be much better combatants than the snoozing generals that are, all too often, national governments.

Our clean energy future has arrived - if we want it

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The astounding aspect of green energy technology is the fact that it all exists today, most of it has been around for decades. No new inventions are required to go green.

Meet the 50 fastest-growing green companies in Canada

Corporate Knights

Last fall, an ambitious survey covering 10 countries found that 84% of young people aged 16 to 25 are at least “moderately worried” about climate change – and 59% are extremely worried.

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In eleventh hour COP27 pitch, EU proposes climate loss and damage fund

Corporate Knights