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Environmental reporting guidance: CSA Staff Notice 51-333

What does it mean, why does it matter and where do you go from here?


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Environmental disclosure expectations and requirements are nothing new. But CSA Staff Notice 51-333, Environmental Reporting Guidance represents the clearest direction to date of the environmental reporting requirements of report issuers. Generic, boilerplate-type disclosures are no longer acceptable, and companies are under pressure to comply.

To help report issuers understand, respond to and capitalize on the guidance, Deloitte’s audit, risk and sustainability practitioners have released Environmental Reporting Guidance: CSA Staff Notice 51-333 - What does it mean, why does it matter and where do you go from here? This broad-ranging, forward-thinking report not only outlines key insights from the new guidelines; it also provides key questions to consider and a step-by-step response to prepare, implement, and govern effective environmental disclosure.

The guidance is designed to clarify exactly what environmental information companies must include in environmental disclosures, and how it should be reported. It discusses reporting under the following topics: risks and related matters, risk oversight and management, forward-looking information (FLI) requirements, and impacts of International Financial Reporting Standards (IFRS). But once you know what’s required—what next? And can you make disclosure work for you?

Download the report to learn how effective environmental disclosure can meet increasing shareholder and stakeholder scrutiny, while also delivering sustained business value.

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