Back to the Learning Academy.
Millani's 5th Annual ESG Disclosure Study: A Canadian Perspective

September 9, 2021

Millani
ESG, Disclosure

Over the past five years, Millani has assessed the environmental, social and governance (ESG) and sustainability disclosures of the S&P/TSX Composite Index constituents, providing insight and context to the research and identified trends. Millani gathered data on Canadian issuers' uses of reporting standards and frameworks such as the GRI, SASB and TCFD, along with data on how many companies are disclosing on topics such as climate change, diversity, and Indigenous relations. Millani found that ESG reporting increased by 22% since last year's study, with 71% of the S&P/TSX Composite Index disclosing a 2020 ESG Report.
Click to read the full report below.
Millani's 5th Annual ESG Disclosure Study: A Canadian Perspective
Related Articles

November 28, 2025

Millani
Amid headlines suggesting retreat, parallel regulatory shifts in the United States and Europe, and rising legal scrutiny under Canada's Bill C-59, which introduces penalties for unsupported environmental or sustainability claims, Millani's analysis tells a more nuanced story.

January 23, 2026

TMX Newsfile
The end of the Section 16 exemption for foreign issuer directors and officers marks a major shift in SEC insider reporting. It introduces faster disclosure timelines and new transparency risks for global IR teams. Beginning March 18, 2026, directors and officers of Canadian and other foreign private issuers (FPIs) will be required to publicly report insider holdings and transactions under Section 16(a) of the U.S. Securities Exchange Act of 1934.