Resources for Trustees

Understand climate-related risks and opportunities and build climate competence to improve effective fund management.

Mar 31st, 2022

Exposure Draft – IFRS S2 Climate-related Disclosures

The International Sustainability Standards Board issued an exposure draft on disclosure of information about its exposure to climate-related risks and opportunities.

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Mar 30th, 2022

Summary of Submissions to Canadian Securities Administrators on Proposed National Instrument 51-107 Disclosure of Climate-related Matters

The Canadian Securities Administrators (CSA) received 131 submissions on proposed National Instrument 51-107 Disclosure of Climate-related Matters (NI 51-107) during the four-month public consultation period, of which 94% were from organizations and 6% were from individuals. We published a summary of the 131 submissions. This is a Canada Climate Law Initiative publication.

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Mar 15th, 2022

The TNFD Nature-Related Risk & Opportuniy Management and Disclosure Framework Beta v0.1

More than half of the world’s economic output – US$44 trillion of economic value generation – is highly or moderately dependent on nature. Yet most companies, investors and lenders today inadequately account for nature-related risks and opportunities in their decisions. The Taskforce on Nature-related Financial Disclosures (TNFD) was established in response to the growing appreciation […]

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Mar 3rd, 2022

Greening Sovereign Debt Performance

This report sets out the case for moving sovereign debt markets towards the explicit valuation of natural capital, and for greater use of performance-linked instruments to deepen creditor and debtor sharing of associated risks and opportunities. Advancing these two developments would be a much needed and timely development in addressing the short-term debt crisis and […]

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Feb 28th, 2022

Fossil Fuel Subsidies in Canada: Governance Implications in the Net-Zero Transition

Canada ranks highly among the developed countries that have provided government support to the fossil fuel sector, but this situation is changing. To address the climate emergency, Canada has legally committed to achieving net-zero carbon dioxide (CO2) and other greenhouse gas (GHG) emissions by 2050. How our federal, provincial, and territorial governments spend public dollars […]

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Jan 14th, 2022

Using scenario analysis to assess climate transition risk

Together with six Canadian financial institutions, the Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) developed scenarios that will help the financial sector identify, measure and disclose climate-related risks. These scenarios were not intended to be forecasts or predictions. Rather, they were specifically designed to capture a range of potential outcomes and […]

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