Sustainability and ESG News
Government of Canada to Require Suppliers to Disclose Emissions, Set GHG Reduction Targets
According to Canada’s new “Standard on the Disclosure of Greenhouse Gas Emissions and the Setting of Reduction Targets,” federal procurements greater than $25 million will induce suppliers to measure and disclose their and adopt a science-based target to reduce GHG emissions in line with the Paris Agreement.
McKinsey Reports on the Impacts of Plastics
In a new report by McKinsey, Climate impact of plastics, the total green house gas contribution of plastic versus the alternatives is scientifically measured. McKinsey looked at examples from the top five plastic consuming sectors and measured not only the product lifecycle of plastic vs other options, but also the impact of our use. The results may come as a bit of a surprise to many
Canada Proposes a System to cap and cut oil Industry Emissions.
This week, the Canadian federal government is proposing a new cap and trade system that will essentially set a “cap” or a ceiling for emissions, specifically from the oil and gas industry. The goal of this would be to drive down emissions by 40-45% from the 2005 levels by 2030