Which Canadian companies rank as  Sustainable or as Clean Tech innovators?

Corporate knights cover 2020Canadian magazine Corporate Knights recently published the 2020 edition of its annual Global 100 , which ranks the 100 most sustainable corporations in the world.  This overview article describes the environmental and social responsibility indicators which are considered in the rankings, including average CEO pay ratio, the number of women on their boards and female executives, linking executive compensation to targets related to the UN Sustainable Development Goals (SDGs), and “the carbon-productivity measure” of revenue per tonne of CO2 emitted.  The ranked list is topped by Orsted of Denmark (formerly DONG (Danish Oil and Natural Gas) – profiled here . The top-ranked Canadian corporation, at 10th position, is Algonquin Power & Utilities Corp. , which describes itself as: “a growing renewable energy and regulated utility company with assets across North America. The Corporation  acquires and operates green and clean energy assets including hydroelectric, wind, thermal, and solar power facilities, as well as sustainable utility distribution businesses (water, electricity and natural gas) through its two operating subsidiaries: Liberty Power and Liberty Utilities.”   The Global 100 issue also include general articles which focus on Canadian sectors: “Hydro-Quebec plugs into China’s EV push”;  “The EV Revolution will take batteries, but are they ethical”  ;  “Financing our future with a green building bonanza”, and “The ultimate guide to responsible investing“.

The Global Cleantech 100 report, published in San Francisco,  is an industry-based annual ranking of private companies judged “most likely to make significant market impact globally over the next five to ten years.” An Expert Panel of cleantech investors reviewed over a thousand possible private companies and selected 100, of which 12 are Canadian.  Although U.S. companies dominate the list,  the twelve  Canadians which were judged to be global leaders are : Axine industrial waste-water technologies ; Carbicrete  in Montreal (cement-free, carbon free concrete); Carbon Engineering in Calgary (Developer of technologies for the capture of carbon dioxide at industrial scale); Carbon Cure of Dartmouth N.S.,   (manufactures a technology for concrete producers that introduces recycled CO2 into fresh concrete); Ecobee ,developer of Wifi smart thermostats for home and commercial applications; Enbala  (provider of demand side energy management systems); GaN Systems of Ottawa (Developer of gallium nitride (GaN) semiconductors); LiCycle of Mississauga (developer of lithium ion battery recycling technology); Minesense of Vancouver (developer of sensor technology for mine operation) ; OpusOne of Richmond Hill Ontario (developer of optimization solutions for distributed electricity grid systems) ; Semios of Vancouver (Developer of precision crop management systems); and Svante of Burnaby B.C.  (commercial scale carbon capture).

More innovative Canadian companies are profiled at the website of  Sustainable Development  Technology Canada,  an arms-length agency overseen by the Minister of  Innovation, Science and Industry . On January 15, the Minister announced government investment of $46.3 million in 14 start-up cleantech companies.  The list of companies is provided in the press release. 

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