Canada-Listed Companies Trail Europe in Emissions Disclosures

April 8, 2021, 9:00 AM

Canada’s publicly-traded companies are running behind European and U.K. peers when it comes to disclosing their greenhouse gas emissions, according to a study from the Institute for Sustainable Finance.

Around two-thirds of the S&P/TSX Composite Index disclose greenhouse gas discharges, according to the report written by Sean Cleary and Andrew Hakes. While that’s broadly in line with percentages seen the U.S., it falls below 79% for European and 99% for U.K. listed firms.

The ISF, whose founding contributors are Canada’s largest banks, is releasing the report four months after the heads of eight large Canadian pension funds urged companies to...

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