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Canada Unveils Landmark Sustainability Disclosure Standards: What Businesses Need to Know
New Canada Sustainability Disclosure Standards Puts Canada at the Lead in ESG Reporting In a groundbreaking move toward enhanced corporate transparency, Canada has released its first-ever sustainability disclosure standards—CSDS 1 and CSDS 2. Developed by the Canadian Sustainability Standards Board (CSSB) and integrated into the CPA Canada Handbook – Sustainability, these new standards align with […]
Three Reasons TCFD & SASB reporting on Climate Scenarios is Important
The Task Force on Climate-related Financial Disclosures (TCFD) provides market-driven recommendations for voluntary and consistent climate-related financial risk disclosures in mainstream filings. The Sustainability Accounting Standards Board (SASB) provides industry specific standards help investors and other market participants assess their portfolios’ exposure to sustainability risks and opportunities. Climate risk is often material, and […]