that two of the country’s largest insurers are currently financing the equivalent of three quarters of Canada’s total emissions.In the largest penalty ever assessed for misleading ESG disclosure, Brazilian mining company Vale will pay US$55.9 million for its allegedly false and misleading ESG disclosures concerning the safety of its dams.
“Overly promotional” ESG disclosure is at the heart of a November 2022 biennial report by the Canadian Securities Administrators on its Continuous Disclosure Review Program,Although it won’t take effect immediately, and at first will only impact larger public entities and their directors, Chell told the Daily Commercial News greenwashing liability concerns and reporting requirements will ultimately extend beyond large builders and developers, right down the construction pyramid to contractors...