Change happens, with or without us. But while some Canadian companies are finding success in clean solutions, others, notably in Canada’s oil patch, are at risk of falling behind.
Canada should look to where the world is headed. In key areas, our country has room to grow and innovate. At the same time, there are numerous Canadian companies that are thriving and showing us the way forward.
Consider the scale of what we’re talking about. The increasing global market for low-carbon goods and services is now worth $5.8 trillion US and is expected to keep increasing by 3 per cent a year.
The Clean200, a ranking of the world’s biggest publicly traded companies earning significant revenue from clean energy, was launched in 2016 and updated this February. Over that year-and-a-half period, Clean200 returns outperformed fossil-fuel ones by a factor of two. In short: It pays to stay current.
Clean Energy Canada
Clean Energy Canada is a climate and clean energy think tank within the Morris J. Wosk Centre for Dialogue at Simon Fraser University.
We work to accelerate our nation’s transition to clean and renewable energy systems by telling the story of the global shift to clean and low-carbon energy sources. We conduct original research, host dialogues and aim to inspire and inform policy leadership.
We envision a future in which our nation has one of the most advanced energy systems in the world, having significantly reduced its carbon emissions by the middle of this century. In our vision, Canada has become a leader in clean and renewable energy production, consumption, and innovation—benefiting citizens socially, environmentally and economically.
The Carbon Clean 200
Over the past six years, and growing dramatically in the period leading up to and after the Paris 2015 United Nations Climate Change Conference and the Marrakech 2016 United Nations Climate Change Conferences, a movement of institutional and individual investors representing more than $5 trillion in assets under management have divested a portion of their fossil fuel investments and committed to divesting the balance in the next five years. The corollary of divesting fossil fuels is reinvesting in the clean energy future.
The Carbon Clean 200: The world’s biggest 200 public companies ranked by green energy revenues was first published on August 15, 2016, by Corporate Knights and As You Sow. The current 2017 version was updated with data through the end of 2016.
We are the voice for clean capitalism. Corporate Knights has a media and research division, which includes the award-winning business and society magazine Corporate Knights, and a research division which produces corporate rankings, research reports and financial product ratings based on corporate sustainability performance. Its best-known rankings include the Best 50 Corporate Citizens in Canada and the Global 100 Most Sustainable Corporations. In June 2013, Corporate Knights was named “Magazine of the Year” by Canada’s National Magazine Awards Foundation.
As one of the world’s largest circulation magazines focused on the intersection of business and society, Corporate Knights is the most prominent brand in the clean capitalism media space. We define “clean capitalism” as an economic system in which prices incorporate social, economic and ecological benefits and costs, and actors know the full impacts of their actions. Our vision is to provide information empowering markets to foster a better world.
Corporate Knights spearheaded the creation in 2012 of the Council for Clean Capitalism, a multi-industry group of leading Canadian companies dedicated to advocating economic and social policy changes that reward responsible corporate behaviour and remove barriers to clean capitalism.
We believe that companies meet their highest purpose when they serve the interests of society, and being certified helps to firm up our own personal commitment.
Council for Clean Capitalism
The Council for Clean Capitalism is a group of forward-thinking companies working together to make clean capitalism a reality in Canada. By that, we mean a market economy that works better – accounting for all forms of wealth, and building all costs and benefits into pricing so that what’s good for business in Canada is equally good for the environment and society.
Our intention is to provide a forum for diverse corporate leaders to draw on our different sectoral perspectives and experience managing sustainability issues to identify high impact policy solutions to support the Clean Capitalism vision and then work with policy makers and stakeholders to identify existing barriers and explore and pursue practical pathways towards the clean capitalism vision.