My new bill with MPP Ian Arthur, if passed, will require businesses to publicly disclose how they may be impacted by various climate change risk scenarios, and outline measures to curb the impacts of climate change, including extreme weather events, carbon pricing, exposure to legal liability, new or changing technology and global political instability.
Climate change is an immediate and grave threat to the health of humanity, our economy, and Ontario businesses. In 2017, the Ontario Securities Commission issued a report concluding that climate disclosure won't improve unless issuers are compelled to report, but no changes have been made in the province since. Requiring businesses to disclose the impact of climate change risk on their business will help governments, investors, businesses and the wider economy understand and respond to the climate crisis.
Fill out the form below to send a message in support of Bill 294 t0 Premier Ford, Minister of Finance Peter Bethlenfalvy and OSC Chair D. Grant Vingoe and your MPP.