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.
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.
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, […]
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. […]
Submission 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 […]
Submission 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 […]
Global trends in climate change litigation: 2022 snapshot
Climate change litigation continues to grow in importance year-on-year as a way of either advancing or delaying effective action on climate change. In 2022, the Intergovernmental Panel on Climate Change (IPCC) recognised the role of litigation in affecting “the outcome and ambition of climate governance”. The latest edition of the Grantham Research Institute annual report […]