The State of Sustainability in 2024: Canadian Sustainability Reporting is at a Turning Point
Introduction While U.S. regulators seem to be easing enforcement on misleading sustainability disclosures—evidenced by the SEC’s recent disbandment of its ESG enforcement task force—Canadian regulators are becoming more aggressive. Regulatory scrutiny of “greenwashing” has increased significantly in Canada. What was once an opportunity for Canadian companies to freely promote their…