esg in 2022 and 2023:
where are we and where can we expect to go?

The sustainability- Indigenous Nexus: Does you sustainability strategy consider it?

From complIance burden to risk management: changing perspectiVe for the transportation of dangerous goods

You can’t know where you’re going unless you know where you’re at
The world of sustainability and environmental, social, and governance (“ESG”) was jammed-packed in 2022 and looks to be even more crowded in 2023. So given it is the time of the year for yearly reviews and looks ahead, here’s our take on 2022’s major developments and 2023’s major expectations.
 
Well, that was a busy year

They say a picture is worth a thousand words. OK: Click here to read more

​Introduction
Sustainability is, and will continue to be, viewed increasingly through an investor’s quantitative lens. Increasingly, businesses are being required to measure and disclose their sustainability performance. They are required to show, through data that are complete, credible, consistent, and comparable, that they are analyzing and improving the environmental, social, and governance elements of their business. Click here to read more

​Dangerous goods are essential to our lives and lifestyles
Modern life is enabled by the daily transportation of dangerous goods (“TDG”) across the economic value chain. Generally speaking, a dangerous good is any substance or product that can pose a significant risk to health, safety, property, or the environment, if not properly stored, transported or handled. These goods are ubiquitous, number in the thousands and may be explosive, flammable, toxic, infectious, corrosive, radiating, or oxidizing. Click here to read more

my emissions are less than your emissions
how much ghg's does your organization emit?

This week, activist shareholders were successful in forcing Costco to quantify its greenhouse gas (GHG) emissions and to develop a plan to reduce them. The resolution was made earlier in the year, and called for Costco to “adopt short, medium, and long-term ‘science-based’ greenhouse gas emission reduction targets. Click here to read more

regulators are circling on climate change and esg- are you ready?

Securities Regulators are developing standards for ESG disclosures while enforcing
misleading disclosures
Investors continue to ramp up pressure on businesses to disclose the risks they face related to climate change. It is increasingly important to investors that they understand how businesses are financially impacted in the long term by climate change risks. Click here to read more

get ready for the issb in 2023: where sustainability reporting is going?

Where are we are today on sustainability reporting?
Canadian companies are in a global competition to attract capital and to grow market share. Increasingly, the ability to do so is dependent on how investors view a company’s performance on “non-financial factors” such as environmental, social, and governance (“ESG”) factors. Investors want to understand how performance in these areas impacts financial performance over the short-, medium- and long-term. Click here to read more

What grade are canadian business getting for climate-related disclosures?

what is all the fuss about climate-related scenario analysis, and why should you care?

COP 27: an urgent call for greater sustainability efforts and energy transition investments

The pressure for businesses to make climate-related disclosures continues to increase month over month. Climate-related disclosures refer to the voluntary and legal requirement to make public disclosures on how a particular business is addressing the risks and opportunities of climate change. Click here to read more

​The sustainability Dual

 
Some of you may have seen the recent duelling articles in the September 14 issue of The Economist: Vivek Ramaswamy’s “Stakeholder capitalism poisons democracy” and Jeffrey Sonnenfeld’s “People trust executives to intervene in social issues.” Click here to read more

World leaders are gathering in Sharm el-Sheikh, Egypt this week for the 2022 United Nations Climate Change Conference (COP27). They represent most of the world’s countries that are signatories to the 2015 Paris Agreement, wherein they committed to “holding the increase in global average temperatures to well below 2°C above pre-industrial levels and pursuing efforts to limit the temperature increase to 1.5°C.” Click here to read more

Green washing claim against RBC: Does it help or hurt sustainability efforts

Last week, environmental groups Ecojustice and Stand.earth, together with six individuals, made a greenwashing complaint to the Competition Bureau of Canada against the Royal Bank of Canada (RBC). The essence of the claim is that RBC had made misleading and false claims when asserting in its marketing that it is aligned with the 2015 Paris Agreement on reducing greenhouse gas emissions and combating climate change. Click here to read more

World leaders gathered in in Sharm El Sheikh, Egypt for the 27th Conference of the Parties (COP 27). Between November 6th and 18th, they will discuss the state of climate change, its largest challenges, and attempt to agree on joint action to be taken to combat it. Click here to read more

is that convergence (on esg reporting) i see?

The objective of ESG reporting
The primary objective of reporting on environment, social, and governance (ESG) performance is to allow investors, regulators, and stakeholders a means to understand how businesses are addressing the risks, and taking advantage of the opportunities, related to ESG issues, including climate change. Click here to read more