CES Time Once Again?

Posted by & filed under Accounting Principles, Sustainable Development.

Description: It’s that time of year again: time to have a look at the highlights of the annual Consumer Electronics Show (CES) in Las Vegas. One big breakthrough was a tent with a built-in solar panel, set for mounting on a truck bed, bringing you enough wattage to run a portable refrigerator for 45 hours… Read more »

The Exchangeable Cup

Posted by & filed under Accounting Careers, Sustainable Development.

Description: A&W appears to be taking a lead in environmental action by bringing to market an exchangeable beverage container through its new One Cup program. For a small $3 fee, the customers can receive this reusable cup that can be exchanged for a clean one each time they order their favourite A&W beverage. In addition,… Read more »

Can’t Bring Your Own Cup

Posted by & filed under Auditing, Sustainable Development.

Description: McDonalds Canada is facing criticism for its reluctance to accept reusable coffee mugs at its restaurants; all of its restaurants, that is, except for those in Vancouver. Like many chains, McDonalds started to refuse reusable coffee mugs early in the SARS-CoV-2 pandemic. But competitors such as Tim Hortons and Starbucks have reversed this policy… Read more »

Green Bonds

Posted by & filed under Advanced Accounting, Sustainable Development.

Description: This past week Ottawa carried out its first sale of green bonds. The federal government raised $5 billion in the transaction, with the proceeds slated to be directed towards fighting climate change. These bonds have an interest rate of 2.25%, two basis points lower than federal bonds of a similar maturity. Trevor Bateman, of… Read more »

Caisse Drops Oil

Posted by & filed under Financial Reporting and Analysis, Sustainable Development.

Description: Pension manager Caisse de dépôt et placement du Québec – often simply referred to as the Caisse – plans to drop its investments in the oil business within the next year. Currently, this industry makes up about 1% of the Caisse’s approximately $400 billion in assets. The Caisse, like many other pension funds, has… Read more »

Sustainable Investing Prompts Disclosure

Posted by & filed under Sustainable Development.

Description: Sustainable investing is a hot topic, prompting growth in so-called sustainable funds. But since there is no one established definition of what sustainability means, investors and advisors are left with questions such as how much carbon is a company emitting. This has prompted a call from investors and fund developers for more hard data… Read more »

Apple Cuts e-Waste?

Posted by & filed under Sustainable Development.

Description: It’s often an exciting time when Apple unveils a new iPhone, and this past week seemed true to form as Tim Cook introduced the iPhone 12. One surprise for some was that Apple is not going to be including any charging adapters or earbuds with the smartphones. With so many chargers and headphones already… Read more »

RBC and the Arctic

Posted by & filed under Student life, Sustainable Development.

Description: On Friday RBC announced that it would not be funding new oil drilling projects in the Arctic. Neither would the giant bank be financing new coal-fired projects. Andrew Block, speaking on behalf of RBC, said “We are committed to finding ways to balance the transition to a low-carbon economy.” It will be interesting to… Read more »