The Canadian Sustainability Standards Board (CSSB) is working to advance the adoption of sustainability disclosure standards in Canada.
The CSSB acknowledges the importance of IFRS Sustainability Disclosure Standards as issued by the International Sustainability Standards Board (ISSB). As a result, the CSSB is developing Canadian Sustainability Disclosure Standards (CSDS) that align with the global baseline – but with modifications in the Canadian public interest.
This project is focused on developing CSDS 1, General Requirements for Disclosure of Sustainability-related Financial Information, and CSDS 2, Climate-related Disclosures, which will align with IFRS S1 and S2 but with modifications proposed to reflect Canadian needs.