Tuesday, November 28, 2017
Should Issuers Be Required to Improve their Climate-related Financial Disclosures?
9:00 a.m. to 12 noon (registration opens at 8:30am)
Rotman School of Management
Desautels Hall (2nd floor)
105 St. George Street, Toronto, Ontario
$49.95 plus h.s.t. per person (Refreshments will be served)
Registration required. REGISTER HERE
Please register before noon November 27, 2017.
Investor concern regarding the risks and financial impacts associated with climate change has motivated market monitors and regulators to consider requiring issuers to improve and mainstream the quality of their climate-related financial disclosures. A Global Task Force of the Financial Stability Board, in an influential report issued in June of 2017, called on issuers to include climate-related financial disclosures in their annual financial filings. The report recommends issuers provide specific information so investors can assess the potential financial implications of a changing climate for their firm. In March 2017, the Canadian Securities Administrators (CSA) launched a climate disclosure review project. This forum will introduce evidence on the state of environmental disclosures by Canadian issuers, the rationale behind demands for improved disclosure, and concerns with mainstreaming climate-related financial disclosures. Speakers will include academics, investors, issuers, lawyers, and regulators.
Bindu Dhaliwal BMO Financial Group
Dan Hanson Jarislowsky, Fraser
Stephanie Leaist CPPIB & FSB Task Force on Climate-related Financial Disclosure
Jo-Anne Matear Corporate Finance, Ontario Securities Commission
Gordon Richardson KPMG Professor of Accounting, Rotman School of Management
Alexander Dyck Capital Markets Institute
Financial Stability Board (FSB) Task Force on Climate-related Disclosure
Canadian Securities Administrators (CSA) Climate Change Disclosure Review Project
Summary: Environmental Performance of Canadian Firms, Dyck and Roth
Backgrounder: Environmental Performance of Canadian Firms, Dyck and Roth
Do Institutional Investors Drive Corporate Social Responsibility? International Evidence, Dyck, Lins, Roth and Wagner
Revisiting the Relation between Environmental Performance and Environmental Disclosure, Clarkson, P., Y. Li, G. Richardson and F. Vasvari
The Relevance of Environmental Disclosures: Are Such Disclosures Incrementally Informative, Clarkson, P., Y. Li, G. Richardson and X. Fang
The Valuation Relevance of Greenhouse Gas Emissions under the European Union Carbon Emissions Trading Scheme, Clarkson, P., Y. Li, M. Pinnuck and G. Richardson,