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AEG Comment on CSDS 2 Climate-related Disclosure Standards
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
After extensive consultation with our members, we must convey that we are in firm disagreement with CSDS 1and CSDS 2 as they are expected to bring about increased costs and uncertainties for businesses, particularly SMEs, with limited advantages for larger corporations, investors, or consumers. We must point out that these standards also contradict the values of a free market system by influencing investor choices and directing capital flows in a manner inconsistent with free enterprise.
Is ESG a Necessity or More Climate Hype?
The most common street talk now is around ' ESG ' reporting. So what does that mean for Canada, and
in particular Alberta? We know it is tied to climate change, but then when isn't that the popular excuse for all rising costs ?
The most common street talk now is around ' ESG ' reporting. So what does that mean for Canada, and
in particular Alberta? We know it is tied to climate change, but then when isn't that the popular excuse for all rising costs ?
