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Regulators Called on to Restart Climate Disclosure Work

  • In 2025, eighty influential women from the realms of business and civil society urged Canadian securities authorities to recommence their efforts on climate-related disclosure regulations.
  • The call follows the Canadian Securities Administrators' April decision to indefinitely suspend disclosure efforts, a move criticized as abrupt amid worsening climate change.
  • The proposed regulations mandate that companies disclose their greenhouse gas emissions, describe the climate-related risks and opportunities they encounter, and explain their management strategies to ensure investors have essential information for decision-making.
  • Signatories such as CEO Barbara Zvan, director Barbara Stymiest, and CEO Catherine McKenna expressed astonishment at the suspension, emphasizing that the disclosures play a critical role in maintaining efficient, competitive, and resilient markets.
  • The letter warns that Canada risks losing investments without globally aligned standards and that resuming disclosures is crucial for Canada to remain competitive and open for business.
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Financial, economic and civil society leaders deplore the Canadian financial authorities' decision to suspend the obligation of listed companies to disclose climate change information such as their greenhouse gas (GHG) emissions in their results.

·Montreal, Canada
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Open letter calls on regulators to restart climate disclosure work

TORONTO — A group of 80 women leaders in business and civil society have called on Canadian securities regulators to resume work on climate disclosures.

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Sask Today broke the news in on Tuesday, June 3, 2025.
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