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Canadian Sustainability Disclosure Standards

Criteria to modify IFRS Sustainability Disclosure Standards

Summary

The Canadian Sustainability Standards Board (CSSB) is committed to the global standardization of sustainability disclosure standards. The Board also recognizes that there may be circumstances where amendments are required in the Canadian public interest.

As a result, this project focused on determining the criteria the CSSB will follow to add to, delete from, and amend IFRS Sustainability Disclosure Standards when setting Canadian Sustainability Disclosure Standards (CSDSs).

Staff Contact(s)

Nora Wood, MBA, CPA, CGA Principal, Sustainability Standards

Phone number  +1 647 264 8163
Email address  [email protected]

Project Status

  • Information gathering

    The CSSB researched and reviewed existing standard-setting due processes to form the basis of its criteria

  • Approving project

    In November 2023, the CSSB confirmed its intention to advance the adoption of sustainability standards in Canada through a consultation in 2024

  • Engaging Communities

    In March 2024, a consultation paper was issued for public comment on the CSSB’s Criteria for Modification Framework (Criteria for Additions to, Deletions from, and Amendments to IFRS Sustainability Disclosure Standards)

  • Deliberating feedback

    The CSSB deliberated feedback on its Consultation Paper

  • Final pronouncement

    The final Criteria of Modification Framework was published in the CSSB’s Due Process Manual on FRASCanada.ca in December 2024

    Due Process

Canada’s First Sustainability Disclosure Standards Are Here

Explore CSDS 1 and CSDS 2, now part of the CPA Canada Handbook – Sustainability. Learn more and access resources to support your sustainability reporting.

Discover More

Webinar – Understanding CSDS 1 & CSDS 2: Incorporating Global Sustainability Reporting Standards in the Canadian Context

Register for our webinar on CSDS 1 and CSDS 2, taking place on January 14, 2025.

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Disclaimer

This project summary has been prepared for information purposes only. Decisions reported are tentative and reflect only the current status of discussions on this project, which may change after further Board deliberations. Decisions to publish Handbook material are final only after a formal voting process.