Jurisdictional adoption update for Canada
Although the Canadian Sustainability Standards Board (CSSB) issued sustainability reporting standards, aligned with ISSB standards, in late 2024, on 23 April 2025 the Canadian Securities Administrators (CSA) has paused its work on the development of a mandatory climate related disclosure rule.
This is being done to support Canadian markets and issuers as they adapt to the recent developments in the U.S. and globally. The CSA nonetheless noted that the CSSB standards provide a useful voluntary disclosure framework and encouraged issuers to refer to them when preparing their disclosures.
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Tippawan Pumbansao Audit Partner - Bangkok
