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Canada scraps mandatory climate disclosure rules for corporations, mirroring the U.S. move.
Canadian Securities Administrators (CSA) have scrapped plans for mandatory corporate climate disclosures, following the U.S. Securities and Exchange Commission's (SEC) decision to drop similar requirements.
This move, seen as "incredibly disappointing" by industry leaders, comes despite growing global concerns over climate change.
Other countries like the EU and Australia are moving ahead with such regulations, while companies in Canada and the U.S. now have only voluntary reporting options, potentially complicating international investment decisions.
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Canadá elimina las reglas de divulgación climática obligatoria para las corporaciones, reflejando el movimiento de los Estados Unidos.