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Feb 23rd, 2021

Directors’ Duties Regarding Climate Change in Japan

Authored by Dr. Yoshihiro Yamada, Vice Dean of College of Law at the Ritsumeikan University, Dr. Janis Sarra, Professor of Law at the University of British Columbia, and Dr. Masafumi Nakahigashi, Vice-President at Nagoya University, the report outlines the three primary duties for directors of Japanese companies: duty of loyalty; duty to be compliant with […]

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Feb 22nd, 2021

360º Governance: Where Are The Directors In A World In Crisis?

In 1994, the Toronto Stock Exchange (TSX) accepted a new set of guidelines for board governance as developed in the report “Where Were the Directors?”. Triggered by the mixed response by the Canadian corporate sector to the stresses of the 1990–1991 recession, the development of the guidelines (also known as the “Dey Report”) was meant […]

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Feb 16th, 2021

Superannuation Trustee Duties and Climate Change

Noel Hutley SC and James Mack, instructed by Equity Generation Lawyers, have delivered a memorandum of opinion Superannuation Trustee Duties and Climate Change dated 16 February 2021. The memorandum provides authoritative guidance to superannuation fund trustees on how to fulfill their legal obligations with respect to climate change risk. The memorandum updates a 2017 opinion […]

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Feb 1st, 2021

Canada’s Net Zero Future: Finding Our Way in the Global Transition

Canada has committed to reach net zero greenhouse gas emissions by 2050, and we have many ways to get there. Canada’s Net Zero Future does not recommend any specific path to the 2050 goal. Instead, it provides a clear analysis of Canada’s options, significant drivers within and outside of Canada’s control, and the conditions that […]

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Feb 1st, 2021

How Supervisors Can Start the Conversation About Climate Risk

Speakers: Karen Badgerow, CEO, Isle of Man Financial Services Authority Dr. Naresh Singh, Toronto Centre’s Sustainability Advisor Clive Briault, Chair, Toronto Centre’s Banking Advisory Board Host: Anatol Monid, Senior Program Director, Toronto Centre

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Jan 28th, 2021

Duty to Protect: Corporate Directors and Climate-Related Financial Risk

Amid growing calls from regulators, financial standard organizations and institutional investors, Canadian corporations face pressure to adopt transparent climate-risk reporting. But first, they need greater clarity on the metrics and standards involved. Author Janis Sarra recommends that Canada clarify and adopt mandatory uniform reporting on climate metrics and finance, so that corporate officers and directors […]

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