Knowledge Hub
Canada’s one-stop-shop for everything related to climate governance
Using scenario analysis to assess climate transition risk
Together with six Canadian financial institutions, the Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) developed scenarios that will help the financial sector identify, measure and disclose climate-related risks. These scenarios were not intended to be forecasts or predictions. Rather, they were specifically designed to capture a range of potential outcomes and […]
The Global Risks Report 2022
The Global Risks Report series tracks global risks perceptions among risk experts and world leaders in business, government, and civil society. It examines risks across five categories: economic, environmental, geopolitical, societal, and technological. Every year the report also analyses key risks to explore further in deep-dive chapters—these could be risks that feature prominently on our survey, those […]
Retail’s Route to Net-zero Emissions: The Canadian Retail Sector and Effective Climate Governance
Authored by Dr. Janis Sarra, Professor of Law at the University of British Columbia and Principal Co-Investigator of the CCLI, the guide provides an accessible summary of the legal duties of retail directors and officers in the transition to a net-zero economy. It offers examples of best practices in climate governance as well as a […]
Directors’ Liability and Climate Risk: White Paper on Hong Kong
This White Paper complements and extends the analysis in the “Legal Opinion on Directors’ Duties and Disclosure Obligations under Hong Kong Law in the Context of Climate Change Risks and Considerations”. It is well-established that climate-related risks pose a material threat to the financial performance of companies and the authorities in Hong Kong have issued […]
CDSB Framework Application guidance for biodiversity-related disclosures
The CDSB Framework application guidance for biodiversity-related disclosures (the Biodiversity Application Guidance) has been produced by CDSB to assist companies in the disclosure of the material information about the risks and opportunities that biodiversity presents to an organisation’s strategy, financial performance and condition within the mainstream report (biodiversity-related financial disclosure). It is designed to supplement […]
Fiduciary Duties and Corporate Climate Responsibility
In this paper, Professor Cynthia Williams takes up this question by reference to a public law issue much in focus today, that of climate change. In Part I, she provides an extremely brief overview of the understanding of climate risk as a financial risk, connecting that overview to the question of why private law fiduciary […]