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Ten Questions to Determine Your Sustainability Reporting Readiness

dgaryk

Regulators are advancing the adoption of the Canadian Sustainability Disclosure Standards, requiring companies to report information about their sustainability and climate-related risks and opportunities to stakeholders.

Are you ready for mandatory sustainability reporting?

1.     Is your company aware of the international sustainability reporting standards and the Canadian counterpart, the Canadian Sustainability Disclosure Standards?

2.     Is your company ready to report? Have you set up internal processes and performance tracking?

3.     Does your company have adequate information available to meet the regulatory disclosure requirements of banks and insurance providers?

4.     Has your company examined its environmental and social risks and opportunities over the short, medium, and long term?

5.     How does your company’s strategy align with material sustainability issues and stakeholders’ expectations?

6.     Has your company taken proactive steps to ensure its public sustainability disclosures and statements will not attract legal action?

7.     Does your company track its Scope 1, 2, and 3 emissions?

8.     What is your company’s long-term sustainability strategy?

9.     Is your company struggling to attract and retain high quality employees?

10.   Is your company familiar with global sustainability trends?

If you are not sure how to meet sustainability disclosure requirements, please reach out for a discovery call to determine how Equipois:ability Advisory can support you as you get ready for mandatory reporting.

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