The ESG imperative – Canadian legislative and regulatory developments

Investors are increasingly relying on environmental, social and corporate governance (ESG) criteria to complement the various financial factors that guide their investment decisions. Strong performance in these metrics can make a business an attractive investment opportunity.

While strong ESG performance is, first and foremost, the responsibility of businesses, jurisdictions can establish themselves as attractive destinations for capital by regulating industry in an ESG-compliant manner. In this article, we briefly outline recent legislative and regulatory changes that are aimed at improving the Canadian oil and gas industry’s performance in respect of the first two letters of the ESG acronym: environmental and social concerns.

Read the complete article here.

This article was first published in the April 2021 issue of Financier Worldwide magazine. ©2021 Financier Worldwide. All rights reserved.