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But with sustainability, there are reasons to be more forthcoming. Private companies are increasingly eager to report on their environmental, social and governance (ESG) performance and their sustainabilityinvestments amid the publics growing appetite for companies that are trying to be good corporate citizens. 7 BGIS Canada 3.6%
The companies that made the Best 50 are mostly corporations with more than $1 billion in annual revenues, as well as Crown corporations, large co-ops and members of the S&P/TSX Renewable Energy and CleanTechnology Index. Crucially, the companies’ average sustainableinvestment (as a percentage of total investment) hit 58.9%
For example, Bristol City Leap – Bristol Council’s energy investment programme – is planning £7 million worth of public investment in decarbonising the city. It also plans to bring in £424 million during the first five years of a 20-year partnership with Ameresco , an independent US cleantechnology integrator.
With the looming Paris Agreement goal of reducing greenhouse gas emissions by at least 43% by 2030, nations are adopting different approaches to stimulating their green economy and encouraging sustainableinvestment.
Reducing these emissions has required governments to introduce electric vehicle incentives, companies to set manufacturing targets and consumers to factor sustainability into their transportation decisions – positioning EVs as the cleantechnology that will dominate the future of transport. per litre respectively in July 2022.
Last September former European Central Bank (ECB) President Mario Draghi presented a report entitled The Future of European Competitiveness. In the report, Draghi placed green technology squarely at the centre of European competitiveness. We have seen this dramatically with solar PV, wind and lithium-iron batteries, he said.
I needed to be back in Toronto to present our latest sustainableinvestment research to attendees at a summit hosted by the Principles for Responsible Investment , whose signatories manage US$121 trillion in assets. Let’s be clear here: the sustainableclean energy economy is experiencing exponential growth.
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