Description: Starbucks has announced that in a bid to reduce waste associated with its popular cold drinks, it is coming out with a new cup with that will cut its plastic footprint by roughly 20 per cent. The company sees this as an industry leading practice and it maintains that the cups will still be… Read more »
Posts Categorized: Sustainable Development
Investors Pressure RBC on Green Reporting
Description: Under pressure from the City of New York’s pension funds, RBC has agreed to reverse course and start reporting on the ratio of its green investments to its investments in fossil fuels. The move will help RBC avoid the potential embarrassment of losing a vote on the issue at its upcoming annual meeting of… Read more »
CES Time Once Again?
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
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
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
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
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 »
The EU, Apple, and a usb
Description: In a move to slash e-waste – and perhaps help Apple customers with cleaning out their junk drawers – the European Union (EU) is seeking to regulate a single industry-wide charger for all smart phones. This poses a problem for Apple with its current Lightning charging ports versus the standard USB-C used by most… Read more »
Sustainable Investing Prompts Disclosure
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?
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 »