Regulations and Standards

Analysis: Canadian Competition, Aussie Rules
Canada’s anti-greenwashing amendments to the Competition Act have caused confusion in the marketplace and litigation risk for firms. Australia’s approach could be a model for effective reforms to fight deceptive marketing, reduce litigation risk and support investment in climate action.
Bill C-59: Government intentions vs. market reactions
This Briefing Note offers a concise analysis of Canada’s greenwashing policy, industry responses, and recommendations to strengthen consumer protection while supporting the credible corporate sustainability reporting investors need.

UN-PRI side event: Capitalizing on Clarity
Our expert panel included some of the leading figures in taxonomy development in Canada and around the world. Responding to a major announcement from the Canadian government, they delved into practical implementation of the taxonomy in Canada, governance considerations, and lessons from the international community.
Data, Disclosures and Definitions, Part 2
A robust, modern sustainable finance framework is vital to attracting investment to Canada and meeting climate targets. This webinar event brought together expert speakers at the forefront of sustainable finance standards and policy, to help establish the next steps for Canada to finally unlock its climate finance potential.
EU sustainability reporting requirements: Implications for Canadian business and policy makers
The impact of tough new standards for sustainability disclosures in Europe will reverberate across the Atlantic. This Briefing Note takes a closer look at implications for Canadian firms, and for Canada’s sustainable finance policy design.
Data, Disclosures and Definitions, Part 1
This session covered the latest global sustainable finance developments, and what Canadian regulators and standard setters can do to set Canada’s own course for financing the economic transition to net zero emissions.
Experts

Yrjö Koskinen
Director of Research, Institute for Sustainable Finance

Thomas Walker
Executive Director (Academic), Institute for Sustainable Finance

Maya Saryyeva
Director, Institute for Sustainable Finance
Demystifying Canada’s Taxonomy Roadmap Report
This webinar addressed questions about the recently released Taxonomy Roadmap Report from the Sustainable Finance Action Council (SFAC). Panelists covered the importance of properly defining green and transition categories for sustainable investing, and next steps for establishing a robust taxonomy for Canada.
What in the world is a sustainable finance taxonomy?
Credible guidelines for categorizing sustainable finance investments, called taxonomies, are essential for unlocking billions in private capital to fight climate change. Our expert panel examined global trends and best-practices, and discussed the importance of establishing a taxonomy suited to the Canadian economic reality.
Canada’s Transition and Green Taxonomy
ISF served as a Core Knowledge Partner for the development of Canada’s Taxonomy Roadmap Report by the Sustainable Finance Action Council. This briefing note introduces the market to the design and implementation of sustainable finance taxonomies, or guidelines for investment in climate solutions.

A Closer Look at the GHG Protocol: Observations and implications for standards setters and regulators
The Greenhouse Gas (GHG) Protocol supplies the most common global standard for reporting greenhouse gas emissions. But what the Protocol is and how its standard should be used are often misunderstood. This report by ISF and CPA Canada finds that while the Protocol has been wildly successful, its expanded role in securities law requires a rethink.

Carbon Pricing: Necessary But Not Sufficient
Carbon prices around the world must rise quickly, and broader policies are needed to meet Paris targets and avoid the most severe costs associated with climate change, an ISF study finds.

Changing Gears: Sustainable finance progress In Canada
ISF’s assessment of Canada’s progress to scale sustainable finance and bolster Canadian competitiveness uses the Expert Panel on Sustainable Finance’s 2019 recommendations as its starting point. It reveals that while progress has been made, Canada needs to move faster in aligning financial systems with a global low-carbon transition.