In its feature “Are Hybrids as Green When it Comes to Their Claims Costs?”, Mitchell International, Inc., a provider of information, workflow and performance management solutions to the Property & Casualty claims and Collision Repair industries, found that hybrid vehicles are a more costly risk for insurers. “Mitchell’s in-depth, multi-year data shows that hybrids have [...]
Sun Life Financial recently concluded a two-month campaign to educate clients about the benefits of reducing paper use in the claims process. Between May 3 and June 27, 2010, over 50,000 Group Benefits plan members registered for direct deposit and paperless claim statements, furthering Sun Life’s success in corporate sustainability practices. Sun Life has offered [...]
Twelve years after Honda introduced the first gas-electric hybrid vehicle into the mass North American market, car buyers have yet to see the kinds of price reductions that were predicted to occur as hybrids gained popularity and market share. Even with technological advancements, and increased sales and model selection, consumers continue to pay a premium [...]
View the video here on your mobile device. Some of the them look like scooters. And some of them look like something your Grandma would ride. But one thing electric bikes have in common in common in BC, is they have special insurance requirements. Michaela Pitt of Coast Country Insurance explains: Michaela Pitt: First of [...]
RSA and WWF announced the release of a global report on emerging risks that have risen as a result of environmental change. The comprehensive report is the first in a series that will explore new research and provide insights regarding the impact of environmental change. The report will also provide practical guidance on how businesses [...]
Fully electric vehicles should be widely available to Canadian consumers within two years, with offerings in the pipeline from Nissan, Ford, Toyota, Mitsubishi and others, automakers say. “I think what you’re hearing across the board is that 2012 is the time when you’re going to have critical mass and a huge number of (electric) products [...]
The Co-operators have introduced a 10 per cent insurance discount for eligible Leadership in Energy and Environmental Design (LEED)-certified dwellings. Two members of The Co-operators group of companies began offering the discount: Co-operators General Insurance Company is offering it under the name Envirowise, and at L’Union Canadienne it is known as Rabais Éco-Logik. LEED certification [...]
Insurance Bureau of Canada (IBC), in partnership with the Federation of Canadian Municipalities (FCM), announced the winners of the first annual Watershed Awards to recognize Canadian municipalities that have taken proactive measures to reduce their vulnerability to storm and wastewater damage. The awards, which are part of FCM’s Sustainable Community Awards, were presented at FCM’s [...]
The bustling epicentre of Canada’s energy industry is being heralded as the top ecological city in the world by a prestigious international think-tank. The Mercer Quality of Living Survey ranked Calgary No. 28 on its overall quality-of-living list, but gave the city top spot in a new ecology ranking. Calgary, home to the vast majority [...]
Eighty-two percent of Canadian executives believe that a response to climate change is imperative today and plan immediate increases on spending for climate change initiatives, according to the new report Action amid uncertainty: the business response to climate change, based on a survey from Ernst & Young. "The willingness of corporations to invest in climate [...]
A new study says Canadian governments can expect an economic return from seed money in green technology, just not as much as from more traditional investments. The Conference Board study shows that investments in green technology under government programs in Canada will total $11.8 billion in the next four years. The think-tank says Ontario will [...]
Canadian CEOs are more likely to agree that going green makes smart business sense than their global counterparts, according to the 13th annual Global CEO Survey by PricewaterhouseCoopers LLP (PwC). Adopting viable climate change strategies will continue to play an important role in helping businesses to score high marks from investors and consumers, to gain [...]
The list of Canada’s "Green 30" – organizations whose employees are most positive about their record on environmental stewardship – was just released by Hewitt Associates. The list was compiled from employee feedback using Hewitt’s Employee Green Index, which focuses on employers’ strategies, activities and efforts to minimize the environmental impact of their operations, products [...]
Businesses that demonstrate they’re operating their company in an environmentally responsible manner may have a strategic advantage – this according to the recent TD Canada Trust Green Business Survey that reveals 38% of Canadians say that they "want to buy from a business that cares about the environment." An additional 20 per cent of Canadians [...]
Canadians see the value in an environmentally friendly home with 72% of Canadians willing to pay more for a house or condo that includes environmentally friendly features, according to the TD Canada Trust Green Home Poll. Of Canadians who are willing to pay a premium on environmentally friendly homes, 77% say that cost savings on [...]
View the video here on your mobile device. Manulife Financial announced the completion of a $194.5 million financing with Boralex Inc. for the construction and long term operation of a portfolio of nine 10 megawatt ("MW") wind farms in south-western Ontario. Manulife formed and led a syndicate of Canadian life insurance companies to provide a [...]
View the video here on your mobile device. The Saskatchewan government is rewarding vehicle owners who “go green.” Owners of hybrid and qualifying fuel-efficient vehicles will receive a 20 per cent rebate from SGI on their 2009 insurance and registration costs. Approximately 10,750 vehicle owners, an almost 44% increase from 2009 are being rewarded with [...]
View the video here on your mobile device. When it comes to urban sustainability, Toronto has overpowered Edmonton in the big-city category and Vancouver has pulled an upset on two-time medium-city winner Halifax. The fourth annual rankings by Corporate Knights magazine put Yellowknife, Northwest Territories, in first place for the third year straight in the [...]
