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These 6 green investments would kick-start Canada's economic renewal

Corporate Knights

Corporate Knights calculates that the country needs to spend roughly 5% of GDP, or $126 billion per year, from 2023 to 2030 (with up to 80% of that coming from the private sector) if we’re to reach our climate targets. Corporate Knights' Climate and Economic Renewal Plan lays out six major green investments.

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ECB Stress Test: Banks’ Credit Risk Doubles by 2030 Under Slower Climate Transition

ESG Today

The accelerated transition scenario assumes a significant increase in energy costs in the near term, and substantially greater initial green investments, rising to €2 trillion by 2025, compared to only €0.5 trillion in the other.

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H&M Signs Solar PPA Enabling New Renewable Energy Construction in Texas

ESG Today

H&M Group has set goals to source 100% renewable electricity in its own operations by 2030, and to achieve net zero emissions by 2040. They are enabling the construction of new, home-grown lower carbon energy infrastructure that supports energy diversification, grid reliability, and local economies.”

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ESG Today: Week in Review

ESG Today

See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements IKEA Invests $1.6

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New Report Highlights MetLife's Integrated Strategy To Build a More Sustainable Future

3BL Media

DESCRIPTION: MetLife’s annual Sustainability Report , released today, showcases how the company continues to integrate sustainability across its operations, including through its 2030 climate and 2030 diversity, equity and inclusion (DEI) commitments. billion by 2030. based insurer to achieve that status in 2016.

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Reset Connect Showcases Net Zero Business Solutions at London Climate Action Week

3BL Media

Reset Connect is the UK’s largest sustainability ecosystem and green investment event which aims to help businesses understand how to strive to meet net zero targets and improve ESG results, as well as unearth any potential green investment opportunities.

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EU ‘green’ label for gas and nuclear sparks sustainable investing crisis

Corporate Knights

When I led Canada’s Social Investment Organization (SIO) in the early 2000s, one of our most important debates concerned the question of whether the organization should develop an industry-wide label for socially responsible investment, as sustainable investing was called back then.