Canadian Securities Regulators Issue Guidance on Climate Change-related Disclosure

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Aug 01, 2019

On August 1, 2019, the Canadian Securities Administrators (CSA) announced the publication of CSA Staff Notice 51-358 "Reporting of Climate Change-related Risks", which is intended to assist companies in identifying and improving their disclosure of material risks posed by climate change.

The notice clarifies existing legal requirements and does not create any new ones. It reinforces and expands upon the guidance provided in CSA Staff Notice 51-333 Environmental Reporting Guidance and should be read in conjunction with that notice. CSA Staff Notice 51-333 continues to provide guidance to issuers on existing continuous disclosure requirements relating to a broad range of environmental matters, including climate change.

Review the press release and Staff Notice on the CSA's website.

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