This summary of decisions of the Canadian Sustainability Standards Board (CSSB) has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on projects, which might change after further deliberations by the CSSB. For more information, please contact Sustainability Standards staff: [email protected].
The CSSB met in person in Toronto, Ontario, to discuss the agenda topics outlined here.
SASB Standards Enhancement Project
The CSSB discussed its response letters to the International Sustainability Standards Board’s (ISSB) Exposure Drafts (published July 3, 2025):
CSSB members approved two response letters, subject to final revisions. The letters were subsequently sent to the ISSB.
Canadian Sustainability Disclosure Standard (CSDS) 2
The CSSB discussed several approaches in addressing the amendments to CSDS 2, Climate-related Disclosures, considering the then imminent publication of the ISSB’s final Amendments to Greenhouse Gas Emissions Disclosures – Amendments to IFRS S2.
The CSSB approved a project proposal for corresponding amendments to CSDS 2, adding the project to its active standard-setting project listing. The Board also discussed the content of an exposure draft related to such proposed amendments. An exposure draft is expected to be approved in March 2026.
Engagement Framework
The CSSB received an update on consultation engagements to date, and on improvement opportunities for future engagement efforts. The Board then discussed the proposed engagement framework, which provides criteria and guiding principles for project-related engagements.
Due Process Session
Vice-President, Standards Jean-François Trépanier led a session on due process in Canadian standard setting. The CSSB then reviewed its due-process requirements.
Auditing and Assurance Standards Board (AASB) Presentation
AASB Chair Bob Bossard, the AASB’s Sustainability Assurance Committee, and AASB staff provided an overview of the current sustainability assurance landscape globally and in Canada. They also presented the proposed Canadian Standard on Sustainability Assurance (CSSA) 5000, General Requirements for Sustainability Assurance Engagements, and the related proposed Canadian amendments.
Public Sector Accounting Board (PSAB) Presentation
PSAB Chair Clyde MacLellan and Director, Public Sector Accounting Standards, Michael Puskaric gave a presentation on standard-setting considerations for public sector accounting. They focused on:
- sharing public sector perspectives and information about Canada’s public sector environment;
- outlining the journey to adopting Public Sector Accounting Standards in Canada; and
- the International Public Sector Accounting Board and its progress on public sector sustainability standards.
ISSB Presentation
ISSB staff gave a presentation on its research projects, focusing on human capital and biodiversity, ecosystems, and ecosystem services.
Draft 2026 Performance Report
The CSSB provided input on the draft 2026 Performance Report, including key achievements and management of key risks. Board members provided feedback on the presentation and overall content.
Draft 2026-2027 Annual Plan
The CSSB provided input to the draft 2026-2027 Annual Plan, including proposed activities and resource allocation.