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Mar 18th, 2024

A Just Transition: A Guide for NGO and Civil Society Members to Provincial Regulation of Directors’ Duties Concerning Climate-related Risks

Non-governmental organizations (NGO) and members of civil society continue to press for effective legislation to meaningfully address the causes and impacts of climate change, including environmental protections, mitigation and adaptation measures, climate accountability, and net-zero carbon emissions strategies. More recently, they have recognized that the transition to net-zero emissions requires a whole-economy approach, which means […]

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Mar 13th, 2024

CSSB Exposure Draft – Proposed Canadian Sustainability Disclosure Standard (CSDS) 2, Climate-related Disclosures

The Canadian Sustainability Standards Board (CSSB) was established to serve the public interest by setting and maintaining high-quality sustainability disclosure standards for Canadian entities and by contributing to the development of high-quality, internationally recognized sustainability disclosure standards. On June 26, 2023, the International Sustainability Standards Board (ISSB) released its first two IFRS Sustainability Disclosure Standards. […]

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Mar 13th, 2024

CSSB Exposure Draft – Proposed Canadian Sustainability Disclosure Standard (CSDS) 1, General Requirements for Disclosure of Sustainability-related Financial Information

The Canadian Sustainability Standards Board (CSSB) was established to serve the public interest by setting and maintaining high-quality sustainability disclosure standards for Canadian entities and by contributing to the development of high-quality, internationally recognized sustainability disclosure standards. On June 26, 2023, the International Sustainability Standards Board (ISSB) released its first two IFRS Sustainability Disclosure Standards. […]

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Mar 13th, 2024

Legal opinion: Nature-related risks and directors’ duties under the law of England and Wales

Board directors could potentially breach their duties to their company by failing to consider or act on relevant nature-related risks, according to this legal opinion, authored by a team of corporate and financial law barristers (high-ranking silks Sharif Shivji KC and Rebecca Stubbs KC leading Karl Anderson and Hossein Sharafi, with contributions from environmental law […]

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Feb 28th, 2024

Canadian Pension Climate Report Card 2023

Shift’s annual Canadian Pension Climate Report Card is an independent benchmark for evaluating the quality, depth and credibility of climate policies for 11 of Canada’s largest pension managers.  This second edition finds that despite incremental progress, Canadian pension funds remain off track, especially compared to international peers. Far more work is needed to ensure Canadian […]

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Feb 27th, 2024

Climate Change: What does the future hold for health and life insurance?

This report, from the Geneva Association, assesses the implications of climate change for life and health insurers, classifying threats related to morbidity and mortality into four categories: acute, chronic, transition and litigation. It finds that the short-term consequences for the sector have so far been limited. However, the frequency and severity of climate events are […]

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