CSA shelves rules for climate, diversity reforms

Canada’s fossil fuel companies win battle against climate transparency

Canadian financial regulators have halted efforts that would force corporations to disclose the impact of climate change on their operations

Starbucks and other major companies ditch key initiatives: 'There's a real danger'

As climate goals grow more urgent, some major companies are rolling back the commitments they once publicly made. According to the Financial Times, Starbucks is among the high-profile companies removing climate goals from its executive bonus structures — a move that has sparked concern among environmental experts and investors alike. What's happening? Earlier this year, Reuters reported that Starbucks shareholders voted to strip DEI benchmarks f…

CSA shelves rules for climate, diversity reforms

The moves are a setback for the environmental, social and governance movement, which has been overshadowed by economic and trade worries among Canadian companies

Securities Regulator Halts Work on Corporate Climate, Diversity Disclosures

The Canadian Securities Administrators says it has indefinitely paused work on developing new mandatory climate disclosures and updating diversity reporting rules in response to recent developments in the United States. Stan Magidson, chair of the CSA, says it made the decision to support companies because of the rapid shift in the global economic and geopolitical landscape. He says the regulator will instead focus on making Canadian markets mor…

Securities regulator halts work on corporate climate, diversity disclosures

TORONTO — The Canadian Securities Administrators says it has indefinitely paused work on developing new mandatory climate disclosures and updating diversity reporting rules in response to recent developments in the United States.

Amid backlash, Canadian regulators pause diversity and climate disclosure projects

The Canadian Securities Administrators cited changes on the economic and geopolitical landscape in pausing disclosure plans. Find out more