FMB submitted a letter of comment to the Canadian Sustainability Standards Board (CSSB) regarding its inaugural sustainability standards.
In brief, we have submitted the following:
- Our clients may be impacted because
- Their government business enterprises may voluntarily publish disclosures, or may have to make scope 3 disclosures;
- Their communities may be impacted by the operations of entities who make sustainability disclosures.
- We support the Indigenous consultation CSSB has planned for Q4, but we recommend further planning is needed, including making sure the CSSB’s timing works for communities. We direct them to the three national Indigenous organizations.
- The standards should be demonstrated using Indigenous sustainability examples so that reporting entities understand that Indigenous sustainability-related risks and opportunities go beyond consultation.
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