Regulatory Alerts2021-10-18
Draft Regulation 51-107 respecting Disclosure of Climate-related Matters
The Canadian Securities Administrators issued Draft Regulation 51-107 to mandate climate-related disclosures for issuers under the Securities Act. The regulation requires covered issuers to report on climate governance, strategies, risk management processes, and greenhouse gas emissions across Scopes 1, 2, and 3. It establishes specific filing obligations in proxy circulars or annual management reports, with phased implementation dates distinguishing between emerging and non-emerging issuers.
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