[Join me at TSSS on Feb 5th as we delve into the disconnect between CSR Reporting and Bay/Wall St. – why does it exist and what can we do about it. Click here for details: Bay/Wall Street and Sustainability: Does your CSR Report Resonate with Investors?]
Sustainability reporting in Canada today presents a dilemma. On the one hand, a 2014 study of Canadian reporters by Stakeholder Research Associates Canada (SRA) suggests that a mere 42% of Canadian companies listed on the TSX Composite disclose meaningfully ESG information. SRA’s research also found that among 100 reporting companies across various sectors and geographic regions in Canada, only 20% communicated a long-term strategy informed by targets and goals and only 38% identified their material issues.