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.
Task Force on Climate-related Financial Disclosures (TCFD) – Guidance on Metrics, Targets, and Transition Plans
The Metrics, Targets, and Transition Plans guidance describes recent developments around climate-related metrics and users’ increasing focus on information describing organizations’ plans for transitioning to a low-carbon economy. The guidance also describes a set of cross-industry, climate-related metric categories that the Task Force believes all organizations can disclose.
Read moreUnder Water: The Costs of Climate Change for Canada’s Infrastructure
Canada’s infrastructure isn’t prepared for the climate crisis. The third report in our Costs of Climate Change series finds that Canada’s infrastructure decisions aren’t accounting for climate change. These risks are leaving Canadians under water, physically and financially, threatening our future well-being and prosperity. In response, governments can direct public and private investment toward more […]
Read moreClimate-related Legal Risks for Financial Institutions: Executive Brief
Introduction Financial sector risk leaders, risk managers, and board risk committees are increasingly aware of climate-related legal risks to financial institutions. In Canada, the Office of the Superintendent of Financial Institutions (OSFI) has identified liability risk as a source of climate-related financial risk facing deposit-taking institutions, insurance companies, and pension funds. These risks include regulatory […]
Read moreClimate Change 2021: The Physical Science Basis
The Working Group I contribution to the Sixth Assessment Report addresses the most up-to-date physical understanding of the climate system and climate change, bringing together the latest advances in climate science, and combining multiple lines of evidence from paleoclimate, observations, process understanding, and global and regional climate simulations.
Read moreUnited Nations Declaration on the Rights of Indigenous Peoples Act
S.C. 2021, c. 14 An Act respecting the United Nations Declaration on the Rights of Indigenous Peoples.
Read moreOn the Horizon – Briefing note on TCFD-aligned mandatory disclosure in New Zealand
Canadian and other regulators globally are considering how best to embed disclosure and governance of climate-related financial risks and opportunities into financial reporting. This briefing note canvasses recent legislative initiatives in New Zealand as another example of a regulatory path towards net zero. In April 2021, the New Zealand Government introduced the Financial Sector (Climate-related […]
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