Knowledge Hub
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Submission to Finance Canada: Pre-budget consultations in advance of the 2025 spring federal budget
Pre-budget consultations are an opportunity for Canadians from across the country to contribute to shaping the Government of Canada’s policies and priorities for Canada’s future. The Canada Climate Law Initiative submitted recommendations to Finance Canada regarding priorities for the spring 2024 federal budget. We make three suggestions to improve federal management of climate-related financial risks […]
Read moreApplying IFRS S1 when reporting only climate-related disclosures in accordance with IFRS S2
This guide aims to help companies understand how to report only climate-related information when applicable using International Sustainability Standards Board (ISSB) Standards. The ISSB decided to provide transition reliefs in ISSB Standards, including the ‘climate-first’ transition relief, which is the focus of this guide. When providing only climate-related information in accordance with ISSB Standards, companies […]
Read moreSubmission to the Competition Bureau Canada on the proposed guidelines for environmental claims under the Competition Act consultation
The Canada Climate Law Initiative (CCLI) appreciates the opportunity to make recommendations to the Competition Bureau of Canada regarding the proposed guidelines on environmental claims under the Competition Act. The CCLI has identified two areas of importance in the proposed guidelines. The first pertains to the clarification of the scope of the new provisions under […]
Read moreAssessment of Climate-related Vulnerabilities: Analytical framework and toolkit
Climate-related shocks could materialise through abrupt changes in policies, technological innovation and/or consumer preferences (transition risks), or through the materialisation of physical hazards, such as floods, droughts or windstorms (physical risks). These shocks raise concerns over financial institutions’ ability to manage their risks and to continue to provide financial services in certain segments and geographical […]
Read morePlanetary Solvency – finding our balance with nature: Global risk management for human prosperity
‘Planetary Solvency – finding our balance with nature’ is the Institute and Faculty of Actuaries’ fourth report in collaboration with climate scientists. The report develops a framework for global risk management to address risks and show how this approach can support future prosperity. It also shows how a lack of realistic risk messaging to guide […]
Read moreGaslighting the Energy Transition: Hydrogen cannot prevent investments from putting planet and profits at risk
Shift: Action for Pension Wealth and Planet Health’s (Shift) January 2025 report, Gaslighting the Energy Transition: Hydrogen cannot prevent investments from putting planet and profits at risk, reveals the exposure of Canadian pension funds to significant financial risks through their multi-billion-dollar investments in gas infrastructure companies facing terminal decline as the energy transition accelerates. Gas […]
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