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.
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 […]
Read moreClimate-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.
Read moreTaxonomy 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, […]
Read moreSubmission 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. […]
Read moreSubmission on CAPSA’s draft Guideline on Environmental, Social and Governance Considerations in Pension Plan Management (ESG Guideline)
We are thankful for the opportunity to make submissions on the Canadian Association of Pension Supervisory Authorities’ (CAPSA‘s) draft Guideline on Environmental, Social and Governance Considerations in Pension Plan Management (ESG Guideline). The Canada Climate Law Initiative (CCLI) supports the three very broad principles contained in the Guideline; however, our view is that the baseline […]
Read moreSubmission to IFRS ISSB on IFRS S2 Climate-related Disclosures
The International Financial Reporting Standards Foundation (IFRS) and its International Sustainability Standards Board (ISSB) provided the opportunity to comment on the proposed IFRS S2 Climate-related Disclosures (IFRS S2). The Canada Climate Law Initiative (CCLI) supports the overall framework of the exposure draft being aligned with the Financial Stability Board’s (FSB) Taskforce on Climate-related Financial Disclosures […]
Read more