Canadian pension funds issued a joint statement against deviation from the ISSB baseline
Canadian pension funds issued a joint statement against deviation from the ISSB baseline
In March 2024, the CSSB released its proposals for the first Canadian Sustainability Disclosure Standards (CSDSs) based on IFRS S1 and IFRS S2, which included certain exemptions. Ten major Canadian pension funds have reverted with a joint statement.
Big Canadian pension funds proposed the Canadian Sustainability Standards Board (CSSB) to reconsider its proposals for reporting exemptions on sustainability-related disclosures, Scope 3 disclosures and scenario analysis.
They noted that the pension funds "support the ISSB’s “building block” approach, which allows for additions to the global baseline and limits modifications or deletions".
More details are available in the full statement at this link.
Big Canadian pension funds proposed the Canadian Sustainability Standards Board (CSSB) to reconsider its proposals for reporting exemptions on sustainability-related disclosures, Scope 3 disclosures and scenario analysis.
They noted that the pension funds "support the ISSB’s “building block” approach, which allows for additions to the global baseline and limits modifications or deletions".
More details are available in the full statement at this link.