On November 3, 2022, the Canadian Securities Administrators (CSA) published CSA Staff Notice 51-364 Continuous Disclosure Review Program Activities for the fiscal years ended March 31, 2022, and March 31, 2021 as a biennial report on the CSA’s review of continuous disclosure provided by reporting issuers (Report). In the Report, the CSA identified overly promotional disclosure pertaining to environmental, social and governance (ESG) matters as a key area for improvement in issuers’ continuous disclosure, stemming from the CSA’s concerns about “greenwashing.”
Read the complete insight for considerations concerning ESG or sustainability disclosure (ESG-related disclosure) that may guide issuers in improving their continuous disclosure to align with CSA disclosure requirements in light of the examples of deficient disclosure identified by the CSA in the Report. Here.
