Resources for Directors
Understand climate-related risks and opportunities and build climate competence to remain competitive
Climate Risk – Technical Bulletin
Climate change is a sustainability issue that is both ubiquitous and differentiated—and thus presents unique risks and opportunities for companies and investors. The 2021 edition of this bulletin provides an overview of SASB’s approach to climate-related financial disclosure. SASB’s Climate Risk Technical Bulletin is designed to help investors better understand, measure, and manage their exposure […]
Haida law of gina ‘waadluxan gud ad kwaagiida and Indigenous rights in conservation finance
Globally, we are facing an existential threat to biodiversity from human activities that have intruded into terrestrial, aquatic, and aerial ecosystems, exacerbating global warming. The Supreme Court of Canada has held that climate change “is a threat of the highest order to the country, and indeed the world.” Corporations and financial institutions increasingly recognize the […]
Life, Health, Property, Casualty: Canadian Insurance Company Directors and Effective Climate Governance
The insurance sector is important because it provides the financial safety net for many Canadians suffering losses associated with climate impacts. Insurance coverage is the guarantee that policyholder losses will be indemnified; yet climate-related weather events are growing in severity and frequency. Severe weather damage in Canada caused $2.4 billion in insured losses in 2020, […]
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 […]
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 […]
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 […]