Author

Jan Nato

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The recently announced Large Employer Emergency Financing Facility (“LEEFF”) will require loan recipients to report on climate-change and sustainability-related risks and opportunities. This reporting will likely require companies to develop forward-looking plans to contribute to Canada meeting its net-zero by 2050 goal under the Paris Agreement. Key Takeaways Loan recipients will be required to publish an annual report consistent with the Recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (“TCFD Recommendations”).Reporting…