Document Type

Article

Publication Date

12-7-2009

Keywords

corporate social responsibility; disclosure; securities; ESG; environmental; social; reporting; governance; labor; human rights; standards; corporate; ethics; business; corporate social performance

Abstract

The purpose of this consultation (to take place in Toronto, Canada on December 7, 2009) is to elicit the views of informed stakeholders in a review of reporting and disclosure requirements under Ontario securities legislation for corporate “social” performance. In particular, the Consultation paper considers whether existing reporting and disclosure requirements on corporate social performance are adequate. If change is advisable, the question becomes what regulatory or other measures merit consideration.

The Consultation is in response to a private member’s resolution introduced by the Honorable Laurel Broten (Etobicoke-Lakeshore), and passed unanimously by the Ontario Legislature (the “Resolution”). In part, the Resolution calls on the Ontario Securities Commission to conduct a consultation on corporate social responsibility and environmental, social and governance reporting standards, and to adopt an enhanced standardized reporting framework for both quantitative and qualitative social and environmental information to ensure that corporate disclosures are understandable, comparable, and outcome-focused. The Resolution called for a report, including policy recommendations, to be submitted to the Minister of Finance. The Consultation is being organized by the Hennick Centre for Business and Law at York University and Jantzi-Sustainalytics, with sponsorship from the Association of Chartered Certified Accountants.

Comments

Consultation paper presented by the Hennick Centre for Business and Law at York University to the Minister of Finance.

Additional Files
AppendixB-EllmenExecSummary.pdf (14 kB)
Appendix B
Download

Request a copy that is accessible using assistive technology (link opens in a new window)

Share

COinS