More than half of CFOs globally are increasingly implementing sustainability strategies in their organizations, says a global survey launched by Deloitte.
While the S&P 500 rose by a paltry 2.11% in 2011 (and the S&P/TSX 60 fell by 9.08%), these green sectors achieved double digit growth: smart grids (23%); renewable energy (21.8%); energy efficiency (13.9%); and green construction (10.1%).
Investors in water-stressed locations or sectors must be mindful of exposure to related risks
Toronto is now home to the world’s first non-U.S.-based hub for B Corporations, or companies that use the power of business to solve social and environmental problems.
Alternative energy, clean tech, and new energy tend to conjure up different definitions — for good reason. The industries and technologies that comprise clean tech are extremely diverse, ranging from jatropha plantations for bio-diesel to advanced battery technologies. In essence, clean tech is composed of industries using newer or cleaner technologies to generate or use energy better — a noble pursuit, given the evidence that our world’s reliance on dirtier fossil fuels is leading to a gradual warming of our planet.
The Carbon Disclosure Project’s annual report on Canada is a good source for reliable information on how climate change is impacting Canadian businesses.
Generally, the alternative energy and solar sectors tend to do less well when the economy is slow. This is mainly because oil-based energy is cheaper and less in demand, so people aren’t as inclined to care about alternatives. We all remember when oil hit $140 per barrel — solar, wind power, and other alternative-energy companies […]