PRI response to CSSB consultation on the proposed Canadian Sustainability Disclosure Standards and Criteria for Modification

Canada

The PRI supports the proposed Canadian Sustainability Disclosure Standards (CSDS 1 and CSDS 2) as they reflect the ISSB Standards as a baseline for reporting. Our response recommends that relief provisions remain in line within those set out for IFRS S1 and S2, the disclosure of Scope 3 GHG emissions where they are a significant portion of a reporting entity’s overall emissions profile and that the CSSB not set out criteria for modification, but rather build on top of the established baseline.