The standards mark a significant global shift in financially-relevant sustainability disclosure.

New legislation has far-reaching implications for all Canadian-headquartered companies that meet the Act’s thresholds, especially those that are part of complex supply chains prone to human rights challenges, like mining.

A recent Harvard study indicates 81% of institutional investors in the US and 83.6% in Europe plan to increase their ESG allocations over the next two years.

ESG action is now considered critical to both business and social resilience and is increasingly integrated into board oversight responsibilities and executive compensation.