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Canada announces new procurement rules requiring companies to disclose emissions | FULL

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Treasury Board President Mona Fortier announced Tuesday that the government is introducing new standards that will require all federal procurements over $25 million require companies to disclose their greenhouse gas emissions and set reduction targets in line with the Paris Agreement.

The new rules will come into effect on April 1.

Fortier made the comments at the GLOBExCHANGE conference alongside Environment and Climate Change Minister Steven Guilbeault.

Guilbeault also announced that over 40 companies, including Microsoft Canada and 3M Canada, have joined Canada’s Net-Zero challenge. The challenge tasks companies with developing a plan to achieve Net-Zero emissions by 2050.

For more info, please go to https://globalnews.ca/news/8743093/environment-investments-needed-net-zero-budget-2022/
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Category
U.S. & Canada
Tags
global news, Steven Guilbeault, Canada Net-Zero climate goals
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