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.