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ARTICLE · 30 NOVEMBER 2023

ESG 2023: Canada

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Bennett Jones LLP

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The legal landscape relating to ESG in Canada, like many other jurisdictions, continues to evolve. Seemingly disparate regulatory initiatives are increasingly being merged...

CanadaCorporate/Commercial Law

I.The Modern Environment

The legal landscape relating to ESG in Canada, like many other jurisdictions, continues to evolve. Seemingly disparate regulatory initiatives are increasingly being merged, reflecting the interconnectedness and interdependency between the environmental, social, and governance (ESG) pillars. This interdependency has been further highlighted by the occurrence of extreme climate events, such as wildfires, flooding, and record high temperatures. Many governments have announced additional budget allocation for, or initiatives relating to, climate mitigation and adaptation, food security, land and water use planning informed by Indigenous knowledge, cumulative impacts, mandatory ESG disclosure obligations, and infrastructure resiliency.

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