Resources for Policy Makers
Our robust legal research allows the team to provide specific policy recommendations that can help policy makers in developing policies related to directors’ duties and climate change, including climate-related disclosures.
Integrity matters: Net zero commitments by businesses, financial institutions, cities and regions
Report from the United Nations’ High-Level Expert Group on the Net Zero Emissions Commitments of Non-State Entities
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Roadmap to a Sustainable Financial System in Canada
When it comes to Canada’s climate policies, there is a widely overlooked frontier: finance. In this policy briefing, Ecojustice, Shift: Action and Environmental Defence lay out an actionable pathway to address how Canada should regulate climate-alignment within our financial system. The brief shows how financial alignment is a critical piece of the broader climate package […]
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Partial Disclosure: Assessing the state of physical and transition climate risk disclosure in Canada
The latest Institute for Sustainable Finance (ISF) study demonstrates that in aggregate, climate-related disclosures by Canadian companies are inadequate, both in terms of quantity and quality. This impedes the ability of financial institutions to properly price the opportunities and risks associated with climate change, which has significant consequences for Canadian competitiveness and the functioning of […]
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Climate-washing in Québec and Canada: How to turn the tide
This report by the Centre québécois du droit de l’environnement (CQDE) outlines which rules and standards exist now to address climate-washing, and the CQDE’s policy recommendations to improve how climate-washing is addressed.
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Taxonomy Roadmap Report
The Taxonomy Roadmap Report, by the Sustainable Finance Action Council (SFAC), contains 10 recommendations addressing the merits, design and implementation of a green and transition finance taxonomy for Canada. Taxonomies can provide a standardized approach for benchmarking economic activities that are consistent with domestic and global climate goals. They set screening criteria that allow users, […]
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Submission to Office of the Superintendent of Financial Institutions (OSFI) for its draft Guideline B-15 Climate Risk Management
The Canada Climate Law Initiative (CCLI) applauds the Office of the Superintendent of Financial Institutions (OSFI) for its draft Guideline B-15 Climate Risk Management. The proposed Guideline is important recognition that climate-related risks can significantly affect the safety and soundness of federally-regulated financial institutions (FRFI), in turn affecting the integrity of the Canadian financial system. […]
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