World Map Image

BLOG

Policies to End Deforestation and Climate Change in Business Supply Chains

MORE

Deforestation in Company Supply Chains Deforestation and climate change are worldwide problems. If not addressed they can have serious ramifications on businesses. Deforestation is a contributor to carbon emissions by destroying the world’s natural carbon sink and thereby contributing to climate change. Up to 2010, there was a net forest loss of 6.2 million hectares per year. As major sources of deforestation and emissions, businesses must seriously address both issues in their operations and supply chains. According to the Paris Agreement and the UN 2030 Agenda for Sustainable Development, a sustainable economy is not achievable without the committed involvement of businesses. However, this in turn is not possible without an enabling environment created by the right policies.

How Businesses Help Address Forced Labor and Slavery

MORE

Despite laws and regulations that prohibit their practice, forced labor and slavery are still widespread. According to a 2014 report by the International Labour Organization (ILO), roughly 21 million people are currently subject to forced labor. An estimated 68 percent of them are being exploited in the private economy, by individuals or enterprises, primarily in agriculture, construction, domestic work, manufacturing, mining and utilities.

If the Cap-and-Trade Charge Is Not a GHG Emissions Tax, Then What Is It?

MORE

When the cap-and-trade charge was added to Ontario consumers’ bills for fuel at the pump, electricity, and natural gas, the public reacted like it was another tax. This is understandable because it looks like a greenhouse gas (GHG) emissions tax. Fuel suppliers, electricity importers, and natural gas distributors do not show the cap-and-trade charge as a separate line item like the HST (harmonized sales tax), but consumers have been paying this additional cost since January 2017. It is not shown because the distributors wanted the cap-and-trade charge buried in their delivery charges. If it were easily identified, then at a minimum it would have informed consumers that the government is dealing with the cost of climate change. But, it is more complicated than that.