CSSB | Sustainability reporting

In response to the International Sustainability Standards Board's (ISSB) global sustainability disclosure standards, the Canadian Sustainability Standards Board (CSSB) has released key documents for public consultation. This process will shape the Canadian Sustainability Disclosure Standards (CSDS) 1 and 2, aligning with ISSB's IFRS S1 and S2¹, with proposed modifications specific to Canada. 

As organizations prepare to report on the CSSB disclosures, they can refer to complementary reporting standards as applicable, including:

• Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act
• The Office of the Superintendent of Financial Institutions (OSFI) Guideline B-15 – Climate Risk Management
• The U.S. Securities Exchange Commission (SEC) Climate-related Disclosures
• The European Sustainability Reporting Standard (ESRS) E1 Climate Change
   

This resource centre can offer timely guidance and resources to help your organization navigate these new standards effectively. 

Our dedicated team of ESG reporting professionals can help you understand the incoming CSSB reporting standards and how your organization can prepare. Our professionals can also help with:

• Understanding the impact of the disclosure requirements on your organization, including when, where and how your organization will be impacted
• Determining what is material for reporting, including key topics
• Assessing the maturity of processes, the control environment, data model, roles and policies
• Transforming reporting including designing the future state of your reporting and implementing your target operating model (including training and change management)
• Preparing for third-party assurance