A large scale study comparing Canadian companies to their world peers finds Canada leads in capturing cost reduction from sustainability initiatives but lags global leaders in driving profitability through collaboration. Broader collaborations with customers, suppliers, government and policy makers may be a key to unlocking the next phase’s rewards.
What’s the state of impact investing? The panel of experts from large institutional investors to small foundations at the 2013 Green Living Business Forum share their thoughts on the growth potential, risks and opportunities, and the valuation of environmental factors. Six common threads emerged from the discussion chaired by CBC’s Evan Solomon.
Did you know our government spends money subsidizing fossil fuel energy to keep prices artificially low? A new International Monetary Fund study uncovers just how much these subsidies are and urges our governments to stop these market distortion practices. I calculate the real price we pay for fossil fuel energy and the results are astonishing.
“If Congress won’t act soon to protect future generations, I will,” says Obama in his 2013 State of the Union address which devoted a substantial portion on climate change. Direction is set for more oil and gas drilling, but also more funding for electric cars and efficient buildings. See the Globe and Mail’s reaction, watch the video excerpt and read the text transcript.