Wind has been powering the economy for centuries. Long before giant aluminum windmills were fed into the electric grid, wind filled the sails of ships plying the open seas. French businessman Guillaume Le Grand wants to bring back wind-powered shipping, and his company is already shipping French goods to North America that way. However, the approach will work better for some products than others, according to Vice-Dean of Faculty Saibal Ray.
This April, interdisciplinary experts came together at McGill Desautels for the Sustainable Growth Initiative (SGI)’s inaugural Sustainable Transportation Roundtable on the Future of Urban Mobility. Sponsored by Alstom, the event featured discussions on reducing fossil fuel dependence, with electric vehicles highlighted as a potential solution.
For its 7th edition, the 2023 McGill International Portfolio Challenge (MIPC), as part of McGill’s Sustainable Growth Initiative (SGI), gathered over 80 teams from 27 countries to address retirement challenges amidst inflation. Participants tackled the task of developing decumulation strategies for the fictional Maple Leaf Pension Plan, simulating real-world data.
This winter, the sustainability efforts of 13 University offices were recognized by the rigorous Sustainable Workplace Certification program hosted by the McGill Office of Sustainability, with nearly half coming from McGill Desautels. The Academic Affairs Office earned a Gold-level certification, while the Dean’s Office and Infrastructure Team earned Silver, and the EMBA McGill-HEC program, Human Resources Team, PhD in Management Office, and Dobson Centre for Entrepreneurship were recognized with Bronze awards.
Canada’s federal and provincial governments have pledged $200 billion to fight climate change—but failed to spend anywhere near that. And corporations often commit to climate initiatives, but there’s no requirement they actually do so.
In a drive towards environmental responsibility, units within Ï㽶ÊÓƵ's Desautels Faculty of Management have embraced sustainability through the rigorous Sustainable Workplace Certification program hosted by the McGill Office of Sustainability. This initiative, aligned with the Faculty's strategic plan toward sustainability in teaching, research and operations, has seen remarkable success across the university and recognizes five units at the Faculty of Management with certifications, with others steadily progressing.
Leading sustainable apparel manufacturer Gildan has partnered with the McGill Desautels Faculty of Management to advance the University’s Sustainable Growth Initiative. The collaborative effort aims to create actionable strategies for businesses transitioning to sustainability. Over three years, Gildan will be generously contributing $150,000 to McGill's Annual Grand Challenge on Sustainability. The event, launching this August, encourages Canadian students to address apparel industry sustainability issues.
The global transition to net-zero requires significant changes in the way businesses operate and grow. How can business leaders successfully manage this energy transition? What are its opportunities and risks for businesses? And what role do corporate boards and investors play in overseeing and encouraging the transition?
What does accounting have to do with sustainability? Essentially, everything. Just as research and regulations around sustainability have expanded in recent years, so has sustainability accounting, focusing on activities of an organization that have a direct impact on its environmental, social, and governance (ESG) aspects.
One of the largest contributors to climate change worldwide, the agricultural food supply chain crosses international borders and reaches across industries and sectors. Reducing its environmental impact requires complex, high-tech solutions like artificial intelligence—and the people to implement them at the right time, in the right places.
CIBC has donated $1.25 million to the Sustainable Growth Initiative (SGI) at Ï㽶ÊÓƵ's Desautels Faculty of Management. CIBC's gift to the SGI will support a cross-faculty partnership between the Faculty of Agricultural and Environmental Sciences, Faculty of Arts, Faculty of Engineering and Faculty of Law to develop practical and actionable solutions for building a more sustainable economy.
Clothing companies used to offer just a few collections each year. Today, fast fashion companies like H&M or Zara offer dozens. One way they accomplish this is by reducing the quality of their clothing, but this increases the resources needed to make what we wear, and increases their environmental footprint as a result, said Javad Nasiry in an interview with BNN Bloomberg.
Black Friday offers cut-rate deals, but low prices can come with a high environmental cost. If shoppers don’t make choices wisely, their purchases could end up in the landfill.