Back to the Learning Academy.

Millani’s 8th Annual ESG Disclosure Study

October 31, 2024
Millani
ESG, Disclosure

Since 2017, Millani has conducted an annual review to assess and understand the environmental, social and governance (ESG) reporting landscape in Canada, identify trends and provide insights and context to complement our various thought leadership publications. An analysis was conducted of the most recent ESG disclosures of the 226 constituents of the S&P/TSX Composite Index. In 2024, the use of double materiality assessments continues to grow in Canada, with 32% of constituents now using this approach, up from 19% last year. Millani believe this trend is driven by increasingly sophisticated disclosure regulations and changing market expectations regarding access to capital.

Millani's 8th Annual ESG Disclosure Study

Related Articles

November 3, 2025
CIRI

New Developments in Environmental, Social and Governance (ESG) Disclosure for Companies

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.

November 28, 2025
Millani

Perception vs Reality: Behind the Headlines of Canadian ESG Investor and Disclosure Trends

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.

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not for trading purposes), and is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The views, opinions and advice of any third party reflect those of the individual authors and are not endorsed by TMX Group Limited or its affiliates. TMX Group Limited and its affiliates have not prepared, reviewed or updated the content of third parties on this site or the content of any third party sites, and assume no responsibility for such information.

Copyright © 2025 TSX Inc. All rights reserved.