The Canadian Securities Administrators has proposed a new National Instrument 51-107 Disclosure of Climate-Related Matters. The proposed National Instrument mandates all public companies (non-venture) to make climate-related disclosures informed by the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD Recommendations) by March 2024. Implementation of the new National Instrument is all but certain given the widespread international adoption of the TCFD Recommendations by the private sector and governments. There is much Canadian businesses need to know to be ready for this enhanced climate change disclosure.
Watch our webinar to learn about these changes and how they may affect your business.