The Globe and Mail quotes Toronto lawyer Gordon Raman in an article on the 2024 ESG Disclosure Study.
“I think most companies don’t tend to be proactive on new disclosure requirements unless there’s some clarity on what those disclosure requirements are,” says Gordon Raman, who chairs Fasken’s ESG & Sustainability Practice.
“There are some guidelines that just came out before the holidays, and they’re a little bit helpful, but not perfect,” he said. “If you read the guidelines, I think the government inasmuch acknowledges that the first year is going to be a learning experience, probably even for the government.”