Mandatory Climate Disclosure Has Arrived in North America - A Comparison of New U.S. and Canadian Standards

Authors: Sarah V. Powell, Zachary Silver and Robyn Barabash

In this article, originally published in Natural Resources Law Network, Davies lawyers Sarah Powell, Zachary Silver and Robyn Barabash explain how new climate disclosure rules and standards have emerged in North America, focusing on recent developments from the U.S. Securities and Exchange Commission and the Canadian Sustainability Standards Board.

The article covers expected timelines as well as differences in approach, such as greenhouse gas emissions disclosure requirements, and how they might present challenges for companies operating across jurisdictions.

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Supreme Court of Canada Finds Impact Assessment Act Unconstitutional

Oct. 17, 2023 - On October 13, 2023, in a 5-2 split decision, the Supreme Court of Canada (SCC) found the federal Impact Assessment Act (IAA) to be, in part, unconstitutional in Reference re Impact Assessment Act. The SCC determined that the IAA’s treatment of “designated projects” was...