Article
Directors’ Series for audit committees
Sustainability reporting: Navigating evolving expectations and avoiding current pitfalls
Sustainability reporting is getting more complex as standards rapidly evolve and new ones are introduced. Its impacts will be pervasive, requiring transformational change within most organizations.
It has been a big year so far, with many announcements and decisions being made around the future of sustainability reporting. As proposed standards start to become requirements, the pace at which financial regulators are creating new rules is also accelerating and clarity over expectations and timing is crystalizing quickly.
As organizations strategize on their long-term implementation plans, we have identified the common challenges as well as the most relevant questions audit and risk committees should be asking as the complexities of sustainability reporting unfold.
On December 7, 2023 we shared our latest insights, future predictions, and innovative solutions in response to the release of new sustainability standards and regulations.
Our panelists included:
Bindu Dhaliwal
SVP of ESG & Corporate Governance, CIBC
Jo-Anne Matear
Special Advisor to the Executive on Sustainable Finance and Emerging Regulatory Issues, Ontario Securities Commission
Glenn Ives
Corporate Director and Audit Committee Chair
Moderated by:
Nura Taef
Sustainability Reporting Leader, Partner, Deloitte Canada