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Recommendations to Innovation, Science and Economic Development Canada on the modernization of business law frameworks
The Canada Climate Law Initiative provided recommendations to Innovation, Science and Economic Development Canada on the modernization of business law frameworks in this submission pertaining directly to the Canada Business Corporations Act (CBCA) Regulations. We suggest a new subsection under s.72 of the CBCA Regulations to require large to mid-size-cap companies to develop transition plans. […]
Read moreDisconnected Defenses: Extreme Weather Risk Across Corporates, Cities and Financial Systems
Extreme weather is already shaping financial outcomes across the real economy. Losses are no longer confined to isolated assets or sectors, but increasingly emerge through shared systems – including infrastructure, supply chains, insurance markets and public services – on which companies, cities and financial institutions all depend. Drawing on disclosure data from companies, insurers and […]
Read moreThe Case for Nature-related Financial Disclosures in Canada
Nature loss is not only an environmental concern, but also an emerging source of economic and financial risk. As critical ecosystems degrade, so too does the natural capital that underpins production, supply chains and long-term economic stability. In Canada, where the economy remains resource-intensive and nature-dependent, these risks are particularly pronounced. Recent analysis suggests that nature’s […]
Read moreBuilding Canada’s Taxonomy the Right Way: Insights from a Survey of Investors
Canadian investors will be closely following the development of made-in-Canada green and transition investing guidelines that will allow markets to identify and agree on which economic activities contribute to addressing climate change. To help inform this work, input from thirty-three was gathered from mostly senior responsible investment practitioners with interest and expertise in taxonomy development.
Read moreFueling Canada’s Competitiveness with Credible Sustainability Data
This report examines how investors, preparers, boards, and assurance providers are navigating a shifting landscape, including evolving standards and rising expectations around transparency and accountability. Key themes include:
Read moreCorporate defences in climate litigation: a comparative analysis of arguments and court responses
This guide examines corporate defences used in climate litigation. Drawing on 10 climate litigation case studies from Europe, the United States and New Zealand, it analyses how corporate defendants have deployed these defence strategies, highlighting recurring themes and emerging trends. It also discusses how courts have engaged with these defence strategies.
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