The US Securities and Exchange Commission (SEC) proposed a landmark climate-related disclosure rule on Monday that would require publicly-traded companies to detail climate-related risks to their operations and provide standardized emission metrics.
Trudeau Tells Ministers to Mandate Climate-Related Financial Disclosures
In mandate letters sent last week, Prime Minister Trudeau directed Finance Minister Chrystia Freeland and Environment Minister Steven Guilbeault to “work with provinces and territories to move toward mandatory climate-related financial disclosures based on the Task Force on Climate-related Financial Disclosures [TCFD] framework.”