Lunchtime Table Talks: Topic 1 (E&Y - ESG Risk)

12:30 PM - Monday, June 12

The regulatory landscape in Canada has undergone a paradigm shift, both in terms of proposed guidelines and requirements, as well as voluntary initiatives and awareness of the topic's importance. The Office of the Superintendent of Financial Institutions (OSFI) has proposed detailed expectations for measuring, managing, and disclosing Climate Risk. Simultaneously, FRFIs will seek to ensure that their sustainability disclosure infrastructure complies with the S1/S2 standards, which include outlining upstream and downstream emissions as well as an explanation of encompassed activities. Furthermore, there is increasing pressure on the private sector to adopt a variety of influencing norms in order to demonstrate their commitment to the Paris Climate Agreement and improve transparency on portfolio decarbonization strategies. Join this session to discuss the latest insights on Sustainability reporting expectations and market priorities such as climate stress testing and intermediate target setting from EY's expert.