CSA updates market on approach to climate-related and diversity-related disclosure projects

The Canadian Securities Administrators (CSA) is pausing its work on the development of a new mandatory climate-related disclosure rule and amendments to the existing diversity-related disclosure requirements to support Canadian markets and issuers as they adapt to the recent developments in the US and globally. 

The CSA will monitor domestic and international regulatory developments with respect to climate-related and diversity-related disclosures and expects to revisit both projects in future years to finalize requirements for issuers.