Canada has entered a new era of sustainability reporting with the release of CSDS 1 and CSDS 2, now included in the CPA Canada Handbook – Sustainability. These standards, crafted by the Canadian Sustainability Standards Board (CSSB), are designed to align with IFRS Sustainability Disclosure Standards while addressing unique Canadian priorities.
Canada’s new sustainability reporting standards signal a significant step toward transparent and comparable ESG disclosures. The transition relief balances ambition with practicality, giving organizations time to align with evolving requirements.
