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TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) — Canada’s first-ever sustainability disclosure requirements launched at present provide a transparent framework for reporting new kinds of threat, and CPA Canada’s experience and steering is targeted on serving to companies adapt and thrive beneath these new pointers.
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This historic milestone solidifies Canada as a frontrunner in clear and constant sustainability reporting, serving to to construct investor confidence and fight “greenwashing.”
Whereas the requirements will not be but obligatory, they permit organizations to organize for potential future regulatory necessities.
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“The finalization of Canada’s first sustainability requirements marks a pivotal second for companies and traders alike,” says Rosemary McGuire, vice-president and head of analysis at CPA Canada.
“We commend the Canadian Sustainability Requirements Board for his or her rigorous method in growing these requirements. By aligning with worldwide requirements set by the Worldwide Sustainability Requirements Board (ISSB), Canada strengthens its place in world capital markets and enhances the competitiveness of Canadian companies worldwide.”
CPAs play an important function in decoding this information, bridging the hole between monetary reporting and sustainability. With the CPA Canada Handbook, which now incorporates these sustainability requirements, serving as their important information, these professionals are geared up to assist companies sort out local weather challenges, seize new alternatives and measure progress towards world sustainability targets.
For extra data or to schedule an interview, please contact media@cpacanada.ca.
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