HUB for Sustainability Integration
The HUB is a sustainability ecosystem bringing together a student consultancy and a sustainability business council, while incorporating professional development. In this video, Jennifer Roedding, the Executive in Residence for the University of Waterloo’s Hub for Sustainability Integration, provides brief historical details on the path sustainability has taken and how the University plans on being a major part of the solution.
In essence, our ultimate goal is to have sustainability be a consideration in all business decisions. To this end, the University of Waterloo is being defined as a world leader in sustainability integration – our Student Consultancy course provides experiential learning to establish skills in business, consultancy, and sustainability.
Closing the skills gap
The University of Waterloo’s Hub for Sustainability Integration is a nexus of interaction, collaboration, and advancement. It will provide members with the opportunity for iterative collaboration and innovation, sharing collective experience to advance sustainability integration in their organizations, in experiential education, and through the student consultancy. The University of Waterloo is developing and preparing tomorrow’s sustainability leaders to play an integral role in a sustainable future. Ultimately, Sustainability will be integrated into every business decision so that it becomes a natural part of everything we do.
News
Canada Releases Clean Electricity Regulations Targeting a Net Zero Grid by 2035
“A net-zero grid will serve as the basis for climate actions across the economy"
The Government of Canada released its proposed Clean Electricity Regulations, aimed at advancing the decarbonization of the country’s electricity grid, and supporting its net zero emission climate goals.
Canada also joined a commitment last year with the U.S. to release clean energy regulations in 2023. Earlier this year, the Biden administration released a set of proposals aimed at reducing U.S. power sector emissions, including putting in place CO2 emissions controls at fossil fuel-fired power plants starting in 2030.
Five Steps Small Businesses Can Take Toward Sustainability
Guest Post by Rob Fisher, KPMG U.S. ESG Leader
Large organizations are increasingly subject to an array of ESG reporting obligations. Incentivized by grants and tax credits, these large companies are driving the move toward sustainability.
However, it’s the small and mid-sized companies that make up nearly 90% of businesses worldwide and employ almost half of North America’s workers.
Therefore, it is crucial to explore how sustainability wins from small businesses can snowball into the larger value chain.
Canada to Phase Out Public Fossil Fuel Financing
Government of Canada Announcement
The Government of Canada announced on Monday a series of initiatives aimed at reducing government support for the fossil fuel sector, including the release of a new framework and guidelines, effective immediately, to eliminate “inefficient” fossil fuel subsidies.
The government also announced that it will work to identify current public financing by 2024, and develop an implementation plan by fall 2024 to phase out public financing of the fossil fuel sector, beyond the scope of the new subsidy elimination commitment.