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ARTICLE · 26 MAY 2023

New Green Procurement Standard For Federal Suppliers

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The Treasury Board of Canada's Standard on the Disclosure of Greenhouse Gas Emissions and the Setting of Reduction Targets (the Standard) took effect on April 1, 2023.

CanadaGovernment, Public Sector
Tyson Dyck
Tyson Dyck
Emily Stewart
Emily Stewart
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The Treasury Board of Canada's Standard on the Disclosure of Greenhouse Gas Emissions and the Setting of Reduction Targets (the Standard) took effect on April 1, 2023. The Standard was released under the Policy on Green Procurement and requires major suppliers of the federal government to disclose their greenhouse gas (GHG) emissions and set GHG emission reduction targets in order to be eligible for large procurements.

What you need to know

  • The Standard requires all federal departments to ensure that suppliers for any procurements over $25 million (including taxes): (i) measure and disclose their GHG emissions, and (ii) adopt a science-based target to reduce their GHG emissions to net zero by 2050.

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