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Canadian Sustainability Disclosure Standards

Overview

The CSSB's Commitment to Indigenous Peoples

The CSSB recognizes that advancing reconciliation with First Nation, Métis and Inuit Peoples in Canada is fundamental to the work of Canadian standard-setting for sustainability-related financial disclosures. Learn about the board's commitment to reconciliation and collaboration with Indigenous Peoples across the country.

Feedback Statement – Criteria for Modification, CSDS 1 and CSDS 2 

The Feedback Statement summarizes the responses received from the CSSB’s extensive public consultation on Canada’s first-ever sustainability disclosure standards. Read about who responded and what they said. Thanks to your valuable input, we are on track to issue CSDS 1 and CSDS 2 in December 2024.

Indigenous Matters: What We Heard

Read this document to know more about the Indigenous participation and feedback related to Indigenous matters during the public consultation on Canada’s first sustainability disclosure standards in 2024.

November 28, 2024

Resource

Indigenous Matters: What We Heard

The Canadian Sustainability Standards Board (CSSB) is proud to release Indigenous Matters: What We Heard. This document acknowledges Indigenous participation and feedback related to Indigenous matters during the public consultation on Canada’s first sustainability disclosure standards in 2024. It also reinforces the CSSB’s commitment to building new pathways to support integrating Indigenous perspectives into the standard-setting process.

November 8, 2024

News

Call for Applications: Chair, Canadian Sustainability Standards Board (CSSB)

The CSSB serves the public interest by establishing high-quality sustainability disclosure standards to ensure clear, consistent, and comparable reporting. The Reporting & Assurance Standards Oversight Council is currently seeking qualified candidates for the position of a new, permanent Chair of the CSSB. In partnership with the leadership advisory firm Odgers Berndtson, we invite interested individuals to apply promptly.  

October 23-24, 2024

Meeting Summary

CSSB Decision Summary – October 23-24, 2024

At the October 23-24, 2024, in-person meeting in Toronto, the CSSB approved the Basis for Conclusions for the Criteria for Modification Framework, discussed the outreach strategies for the upcoming 2025-2028 Strategic Plan consultation and the 2025-2026 Annual Plan, and engaged in an Indigenous education session on First Nation perspectives on sustainability and climate change.

October 22, 2024

News

Media Release – Canadian Sustainability Standards Board Releases Feedback Statement on Proposed Sustainability Disclosure Standards

The CSSB has released its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. CSDS 1 and CSDS 2 are now set for release in December 2024.

August 27, 2024

News

Leadership Transition at the Canadian Sustainability Standards Board (CSSB)

The CSSB announces a transition in its leadership. Charles-Antoine St-Jean is transitioning from his position as Chair. Bruce Marchand will be interim Chair.

April 10, 2024

Resource, Webinar

On-demand Webinar – Proposed Canadian Sustainability Disclosure Standards and Criteria for Modification Framework

Watch our on-demand webinar to learn about the Exposure Drafts on proposed Canadian Sustainability Disclosure Standards (CSDS) 1 & 2, and to help prepare your response for our key documents.

March 13, 2024

Document for Comment, News

CSSB Exposure Draft - Canadian Sustainability Disclosure Standard (CSDS) 1: General Requirements for Disclosure of Sustainability-related Financial Information

The Canadian Sustainability Standards Board (CSSB) wants your feedback on its Exposure Draft, CSDS 1, General Requirements for Disclosure of Sustainability-related Financial Information. Read our Exposure Draft and submit your comments to have your say in the adoption of sustainability disclosure standards in Canada. We welcome feedback until June 10, 2024.

March 13, 2024

Document for Comment, News

CSSB Exposure Draft - Canadian Sustainability Disclosure Standard (CSDS) 2: Climate-related Disclosures

The Canadian Sustainability Standards Board (CSSB) wants your feedback on its Exposure Draft, CSDS 2, Climate-related Disclosures. The Standard includes proposed requirements for disclosing climate-related risks and opportunities. Read our Exposure Draft and submit your comments to have your say in the adoption of sustainability disclosure standards in Canada. We welcome feedback until June 10, 2024.

March 13, 2024

News, Document for Comment

CSSB Consultation Paper – Proposed Criteria for Modification Framework

The Canadian Sustainability Standards Board (CSSB) Consultation Paper, Proposed Criteria for Modification Framework, is now open for comment. The Paper sets out how the Board proposes to introduce changes, if required, to IFRS Sustainability Disclosure Standards for use in Canada. Submit your comments to the CSSB by June 10, 2024

March 13, 2024

Resource, In Brief

In Brief – A plain and simple overview of the recently issued Exposure Drafts, “Canadian Sustainability Disclosure Standard (CSDS) 1, General Requirements for Disclosure of Sustainability-related Financial Information” and “CSDS 2, Climate-related Disclosures

The CSSB has issued two Exposure Drafts, “CSDS 1, General Requirements for Disclosure of Sustainability-related Financial Information,” and “CSDS 2, Climate-related Disclosures.” This webpage provides a plain and simple overview of the Exposure Drafts and ways you can provide your input.

March 13, 2024

News

Media Release – Canadian Sustainability Standards Board Announces First Canadian Sustainability Disclosure Standards for Public Consultation

Canada’s first proposed Canadian Sustainability Disclosure Standards (CSDS) are out for public comment until June 10, 2024. Exposure Drafts on CSDS 1, General Requirements for Disclosure of Sustainability-related Financial Information, and CSDS 2, Climate-related Disclosures align with the 2023-released IFRS S1 and S2 global baselines, with modifications introduced to align with Canadian-specific needs. Also out for comment is a paper discussing how the CSSB proposes to introduce changes, if required, to IFRS Sustainability Disclosure Standards for use in Canada. The Board will be offering a variety of ways to take part in the consultation, ensuring a wide range of perspectives are considered before finalizing the proposals.

February 6, 2024

News

Canadian Sustainability Standards Board to launch public consultation, advancing adoption of sustainability disclosure standards in Canada

The Canadian Sustainability Standards Board (CSSB) will launch a public consultation to advance the adoption of sustainability standards in Canada. In March 2024, three key documents will be issued for public comment that will shape Canada's first sustainability standards: drafts of the proposed CSDS 1 and CSDS 2, and a paper discussing how the CSSB proposes to introduce changes to IFRS Sustainability Disclosure Standards for use in Canada. We will offer opportunities to share feedback in a variety of ways.

September 8, 2023

News, Resource

CSSB Response – ISSB Consultation on Agenda Priorities

The CSSB has responded to the ISSB Request for Information, Consultation on Agenda Priorities, following four months of engagement with Canadian individuals and groups. The letter includes detailed responses to select questions, along with three key messages from our market outreach. Find out more.

June 26, 2023

News

Media Release – CSSB now operational with new member appointments as first ISSB standards released

The CSSB’s newest members have been appointed, including representation from western and eastern provinces and Canada’s resource-based sectors. These appointments make a quorum for the CSSB, putting the Board in decision-making mode and coming on the heels of the release of the International Sustainability Standards Board’s (ISSB) initial standards – IFRS S1 and S2.


June 12, 2023

Document for Comment

Canadian Consultation: International Applicability of the SASB Standards

The International Sustainability Standards Board (ISSB) published its Exposure Draft detailing a proposed methodology to amend Sustainability Accounting Standards Board (SASB) standards. The purpose of the amendments is to enhance the international applicability of the standards. FRAS Canada seeks Canadian feedback on the proposed methodology to ensure the ISSB considers Canadian perspectives. Help shape the future of sustainability standards and share your input by July 7, 2023.

June 12, 2023

Document for Comment

Canadian Consultation: Agenda Priorities for Expanding the ISSB Standards

The ISSB recently announced its agenda priorities for expanding sustainability standards, with a focus on four research projects. FRAS Canada is seeking feedback from Canadians on these projects before submitting a response letter to the ISSB. The proposed projects include biodiversity, human capital, human rights, and reporting integration. Help shape the future of sustainability standards and share your feedback by August 4, 2023. 

October 17, 2022

News

Call for Inaugural Chair of the Canadian Sustainability Standards Board

The time has come to recruit the inaugural chair of the new CSSB. A visible and experienced leader in the sustainability reporting community, the Chair will support recruitment of board members and establish the CSSB’s first multi-year strategic plan in their initial months in the role. Applications are due November 15, 2022. 

June 22, 2022

Resource, Webinar

Webinar – Learn about the ISSB and its sustainability disclosure Exposure Drafts, and the impacts for Canada

Sustainability standard setting is at a pivotal juncture, with the first draft standards issued for public comment by the ISSB. Watch our 15-minute, on-demand webinar for an overview of the ISSB and their inaugural Exposure Drafts, the different ways you can participate in this consultation period to inform Canada’s response, and how to stay up to date on the latest developments on sustainability standards.

June 15, 2022

News

MEDIA RELEASE – Accounting, Audit and Assurance Standards Oversight Councils announce Canadian Sustainability Standards Board

As the pace of progress in sustainability disclosures continues to accelerate, the Accounting Standards Oversight Council (AcSOC) and Auditing and Assurance Standards Oversight Council (AASOC) mutually approved the formation of the Canadian Sustainability Standards Board (CSSB). Read the media release to learn more about what this means for Canada.

The CSSB's Commitment to Indigenous Peoples

The CSSB recognizes that advancing reconciliation with First Nation, Métis and Inuit Peoples in Canada is fundamental to the work of Canadian standard-setting for sustainability-related financial disclosures. Learn about the board's commitment to reconciliation and collaboration with Indigenous Peoples across the country.

Feedback Statement – Criteria for Modification, CSDS 1 and CSDS 2 

The Feedback Statement summarizes the responses received from the CSSB’s extensive public consultation on Canada’s first-ever sustainability disclosure standards. Read about who responded and what they said. Thanks to your valuable input, we are on track to issue CSDS 1 and CSDS 2 in December 2024.

Indigenous Matters: What We Heard

Read this document to know more about the Indigenous participation and feedback related to Indigenous matters during the public consultation on Canada’s first sustainability disclosure standards in 2024.

November 28, 2024

Resource

Indigenous Matters: What We Heard

The Canadian Sustainability Standards Board (CSSB) is proud to release Indigenous Matters: What We Heard. This document acknowledges Indigenous participation and feedback related to Indigenous matters during the public consultation on Canada’s first sustainability disclosure standards in 2024. It also reinforces the CSSB’s commitment to building new pathways to support integrating Indigenous perspectives into the standard-setting process.

November 8, 2024

News

Call for Applications: Chair, Canadian Sustainability Standards Board (CSSB)

The CSSB serves the public interest by establishing high-quality sustainability disclosure standards to ensure clear, consistent, and comparable reporting. The Reporting & Assurance Standards Oversight Council is currently seeking qualified candidates for the position of a new, permanent Chair of the CSSB. In partnership with the leadership advisory firm Odgers Berndtson, we invite interested individuals to apply promptly.  

October 23-24, 2024

Meeting Summary

CSSB Decision Summary – October 23-24, 2024

At the October 23-24, 2024, in-person meeting in Toronto, the CSSB approved the Basis for Conclusions for the Criteria for Modification Framework, discussed the outreach strategies for the upcoming 2025-2028 Strategic Plan consultation and the 2025-2026 Annual Plan, and engaged in an Indigenous education session on First Nation perspectives on sustainability and climate change.

October 22, 2024

News

Media Release – Canadian Sustainability Standards Board Releases Feedback Statement on Proposed Sustainability Disclosure Standards

The CSSB has released its Feedback Statement summarizing the responses received from its extensive public consultation on Canada’s first-ever sustainability disclosure standards. CSDS 1 and CSDS 2 are now set for release in December 2024.

August 27, 2024

News

Leadership Transition at the Canadian Sustainability Standards Board (CSSB)

The CSSB announces a transition in its leadership. Charles-Antoine St-Jean is transitioning from his position as Chair. Bruce Marchand will be interim Chair.

April 10, 2024

Resource, Webinar

On-demand Webinar – Proposed Canadian Sustainability Disclosure Standards and Criteria for Modification Framework

Watch our on-demand webinar to learn about the Exposure Drafts on proposed Canadian Sustainability Disclosure Standards (CSDS) 1 & 2, and to help prepare your response for our key documents.

March 13, 2024

Document for Comment, News

CSSB Exposure Draft - Canadian Sustainability Disclosure Standard (CSDS) 1: General Requirements for Disclosure of Sustainability-related Financial Information

The Canadian Sustainability Standards Board (CSSB) wants your feedback on its Exposure Draft, CSDS 1, General Requirements for Disclosure of Sustainability-related Financial Information. Read our Exposure Draft and submit your comments to have your say in the adoption of sustainability disclosure standards in Canada. We welcome feedback until June 10, 2024.

March 13, 2024

Document for Comment, News

CSSB Exposure Draft - Canadian Sustainability Disclosure Standard (CSDS) 2: Climate-related Disclosures

The Canadian Sustainability Standards Board (CSSB) wants your feedback on its Exposure Draft, CSDS 2, Climate-related Disclosures. The Standard includes proposed requirements for disclosing climate-related risks and opportunities. Read our Exposure Draft and submit your comments to have your say in the adoption of sustainability disclosure standards in Canada. We welcome feedback until June 10, 2024.

March 13, 2024

News, Document for Comment

CSSB Consultation Paper – Proposed Criteria for Modification Framework

The Canadian Sustainability Standards Board (CSSB) Consultation Paper, Proposed Criteria for Modification Framework, is now open for comment. The Paper sets out how the Board proposes to introduce changes, if required, to IFRS Sustainability Disclosure Standards for use in Canada. Submit your comments to the CSSB by June 10, 2024

March 13, 2024

Resource, In Brief

In Brief – A plain and simple overview of the recently issued Exposure Drafts, “Canadian Sustainability Disclosure Standard (CSDS) 1, General Requirements for Disclosure of Sustainability-related Financial Information” and “CSDS 2, Climate-related Disclosures

The CSSB has issued two Exposure Drafts, “CSDS 1, General Requirements for Disclosure of Sustainability-related Financial Information,” and “CSDS 2, Climate-related Disclosures.” This webpage provides a plain and simple overview of the Exposure Drafts and ways you can provide your input.

March 13, 2024

News

Media Release – Canadian Sustainability Standards Board Announces First Canadian Sustainability Disclosure Standards for Public Consultation

Canada’s first proposed Canadian Sustainability Disclosure Standards (CSDS) are out for public comment until June 10, 2024. Exposure Drafts on CSDS 1, General Requirements for Disclosure of Sustainability-related Financial Information, and CSDS 2, Climate-related Disclosures align with the 2023-released IFRS S1 and S2 global baselines, with modifications introduced to align with Canadian-specific needs. Also out for comment is a paper discussing how the CSSB proposes to introduce changes, if required, to IFRS Sustainability Disclosure Standards for use in Canada. The Board will be offering a variety of ways to take part in the consultation, ensuring a wide range of perspectives are considered before finalizing the proposals.

February 6, 2024

News

Canadian Sustainability Standards Board to launch public consultation, advancing adoption of sustainability disclosure standards in Canada

The Canadian Sustainability Standards Board (CSSB) will launch a public consultation to advance the adoption of sustainability standards in Canada. In March 2024, three key documents will be issued for public comment that will shape Canada's first sustainability standards: drafts of the proposed CSDS 1 and CSDS 2, and a paper discussing how the CSSB proposes to introduce changes to IFRS Sustainability Disclosure Standards for use in Canada. We will offer opportunities to share feedback in a variety of ways.

September 8, 2023

News, Resource

CSSB Response – ISSB Consultation on Agenda Priorities

The CSSB has responded to the ISSB Request for Information, Consultation on Agenda Priorities, following four months of engagement with Canadian individuals and groups. The letter includes detailed responses to select questions, along with three key messages from our market outreach. Find out more.

June 26, 2023

News

Media Release – CSSB now operational with new member appointments as first ISSB standards released

The CSSB’s newest members have been appointed, including representation from western and eastern provinces and Canada’s resource-based sectors. These appointments make a quorum for the CSSB, putting the Board in decision-making mode and coming on the heels of the release of the International Sustainability Standards Board’s (ISSB) initial standards – IFRS S1 and S2.


June 12, 2023

Document for Comment

Canadian Consultation: International Applicability of the SASB Standards

The International Sustainability Standards Board (ISSB) published its Exposure Draft detailing a proposed methodology to amend Sustainability Accounting Standards Board (SASB) standards. The purpose of the amendments is to enhance the international applicability of the standards. FRAS Canada seeks Canadian feedback on the proposed methodology to ensure the ISSB considers Canadian perspectives. Help shape the future of sustainability standards and share your input by July 7, 2023.

June 12, 2023

Document for Comment

Canadian Consultation: Agenda Priorities for Expanding the ISSB Standards

The ISSB recently announced its agenda priorities for expanding sustainability standards, with a focus on four research projects. FRAS Canada is seeking feedback from Canadians on these projects before submitting a response letter to the ISSB. The proposed projects include biodiversity, human capital, human rights, and reporting integration. Help shape the future of sustainability standards and share your feedback by August 4, 2023. 

October 17, 2022

News

Call for Inaugural Chair of the Canadian Sustainability Standards Board

The time has come to recruit the inaugural chair of the new CSSB. A visible and experienced leader in the sustainability reporting community, the Chair will support recruitment of board members and establish the CSSB’s first multi-year strategic plan in their initial months in the role. Applications are due November 15, 2022. 

June 22, 2022

Resource, Webinar

Webinar – Learn about the ISSB and its sustainability disclosure Exposure Drafts, and the impacts for Canada

Sustainability standard setting is at a pivotal juncture, with the first draft standards issued for public comment by the ISSB. Watch our 15-minute, on-demand webinar for an overview of the ISSB and their inaugural Exposure Drafts, the different ways you can participate in this consultation period to inform Canada’s response, and how to stay up to date on the latest developments on sustainability standards.

June 15, 2022

News

MEDIA RELEASE – Accounting, Audit and Assurance Standards Oversight Councils announce Canadian Sustainability Standards Board

As the pace of progress in sustainability disclosures continues to accelerate, the Accounting Standards Oversight Council (AcSOC) and Auditing and Assurance Standards Oversight Council (AASOC) mutually approved the formation of the Canadian Sustainability Standards Board (CSSB). Read the media release to learn more about what this means for Canada.