Mr. Jerry V. DeMarco at the Public Accounts Committee

On February 8th, 2022. See this statement in context.

February 8th, 2022 / 11:35 a.m.

Commissioner of the Environment and Sustainable Development, Office of the Auditor General

That is actually another topic we are interested in and are considering right now.

I can tell you that the mandate letters of the Minister of Finance and the Minister of Environment and Climate Change ask them to implement rules on this and to require federal organizations to disclose their climate risks, as proposed by the TCFD. So this is underway.

I recommend that you look at section 23 of the new Canadian Net–Zero Emissions Accountability Act, whereby the minister of finance must disclose information on financial risks and opportunities related to the climate. I don't know when the Minister of Finance's first report will be published.

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