EllisDon Named a Member of the World Bank & United Nation's Carbon Pricing Leadership Coalition

📅 3 months ago 🏷️ EllisDon

News Summary On September 15, 2016, EllisDon from Mississauga, Ontario, was officially recognized as a member of the World Bank and United Nations’ Carbon Pricing Leadership Coalition. This international group, comprised of 90 business and strategic partners—including 20 Canadian companies—aims to foster global dialogue on imposing a price on carbon emissions. Notably, EllisDon is the sole representative from the construction industry, underscoring the sector’s potential role in addressing climate change challenges. The coalition, which originated during the Sustainable Innovation Forum in Paris on November 30, 2015, seeks to link the cost of carbon emissions with pollution sources through a market-driven approach. This move aligns with EllisDon’s broader commitment, as evidenced by its ongoing Carbon Impact Initiative launched on June 15, 2016. Global Director Sustainable Building Services Andrew Bowerbank commented, "We are excited to be a part of this coalition and the first to represent the construction industry," highlighting the firm’s intention to share its expertise and drive sustainable practices within the sector. Industry Context EllisDon’s inclusion in the Carbon Pricing Leadership Coalition brings the construction industry into a broader conversation regarding environmental accountability and carbon management. As the global construction sector faces increasing scrutiny over its carbon footprint, initiatives like these encourage firms to innovate and adopt cleaner technologies. In a market where sustainability is becoming a regulatory and economic imperative, such partnerships signal a shift towards integrating environmental costs into business strategies, potentially influencing future infrastructural and policy developments in Canada.

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