Resources for Directors
Understand climate-related risks and opportunities and build climate competence to remain competitive
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. […]
Read moreClimate 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 […]
Read moreUsing the SASB Standards to meet the requirements in IFRS S1
This educational material answers key questions including: How do the SASB Standards fit in IFRS S1? What are the benefits of using the SASB Standards? What are the SASB Standards? How does a company use the SASB Standards to meet the requirements in IFRS S1? What questions should you ask when identifying metrics and developing […]
Read moreScope 3 greenhouse gas emissions — are they on your radar?
As demands for credible climate action rise, so do expectations for companies to inventory and address their scope 3 GHG emissions — those emissions that are indirect and that occur upstream and downstream in their value chain. This report by CPA Canada aims to help directors:
Read moreNature and social aspects of climate-related risks and opportunities
IFRS S2 requires an entity to disclose information about its climate-related risks and opportunities. Entities might identify climate-related risks and opportunities at the nexus of climate and nature (for example, those related to water or deforestation), as well as those closely associated with socioeconomic aspects, such as the just transition to a lower-carbon economy. Stakeholders […]
Read moreNature-related risks and directors’ duties’
Under the Australian Corporations Act, nature-related risks are within the scope of directors’ duties to act with care and diligence, according to a legal opinion. Authored by Sebastian Hartford-Davis and Zoe Bush, the opinion ‘Nature-related risks and directors’ duties’ concluded that nature-related risks to a company should be regarded as foreseeable now, given the large […]
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