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Time to Act – Response to questions posed by the Expert Panel on Sustainable Finance

January 2019 | Janis Sarra, Cynthia Williams | Reports

In their report to the Expert Panel on Sustainable Finance in Canada, Dr Janis Sarra and Prof Cynthia Williams address two critically important issues: the fiduciary obligation of corporate and pension fiduciaries to consider climate and broader environmental, social and governance issues, and government’s responsibilities to promote the incorporation of ESG and climate issues in financial disclosure. The report serves as a practical guide for policymakers, offering a comprehensive set of 25 recommendations on the legislative changes required to embed sustainability in fiduciary obligations and financial disclosures.

Commonwealth Climate and Law Initiative
The CCLI examines the legal basis for directors and trustees to consider, manage, and report on climate change and broader environmental risks, opportunities and impacts, and the circumstances in which there may be liability for failing to do so. We also work to advance knowledge on effective sustainable governance practice.
Contact

The Commonwealth Climate and Law Initiative is a company limited by guarantee registered in England and Wales with company number 11813153 and with registered office at Kemp House, 160 City Road, London, United Kingdom EC1V 2NX.

Commonwealth Climate and Law Initiative

The CCLI examines the legal basis for directors and trustees to consider, manage, and report on climate change and broader environmental risks, opportunities and impacts, and the circumstances in which there may be liability for failing to do so. We also work to advance knowledge on effective sustainable governance practice.

Contact

The Commonwealth Climate and Law Initiative is a company limited by guarantee registered in England and Wales with company number 11813153 and with registered office at Kemp House, 160 City Road, London, United Kingdom EC1V 2NX.

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