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.