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Canadian Credit Unions and Effective Climate Governance

July 5, 2023

Canada Climate Law Initiative
ESG, Governance, Disclosure

As the impacts of climate change become increasingly evident, directors of credit unions should recognize climate governance and management as a strategic issue within their institutions. This guide by CCLI emphasizes the importance of understanding directors' duties, cooperative principles, and the profound effects of extreme weather events on credit union members.
Canadian Credit Unions and Effective Climate Governance
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The Institute for Sustainable Finance
The Institute for Sustainable Finance has once again taken the pulse of climate commitments among S&P/TSX Composite Index companies, analyzing trends revealed by their GHG disclosures and net-zero targets. This year's study is a critical resource for investors and public-and private-sector leaders alike.
Since CIRI's last Backgrounder on this topic in February 2025, the pace of new developments in the area of ESG standards and regulatory disclosure has slowed. The most significant development has been the cessation of all progress by the U.S. Securities and Exchange Commission toward the development of climate disclosure rules for listed companies.