TORONTO, March 5, 2014 /CNW/ - Toronto Stock Exchange (TSX) and
Chartered Professional Accountants of Canada (CPA Canada) today
launched a joint publication titled, A Primer for Environmental & Social Disclosure.
The publication, which updates and expands on information from TSX's
previous edition, presents valuable information for issuers as
investors pay closer attention to business issues relating to
environmental and social factors. Some investors now consider how those
factors can impact revenues, costs, product offerings, customer and
employee loyalty and, reputation. Investors may even look at an
issuer's supply chain.
The primer outlines key principles for environmental and social business
conduct. It discusses mandatory disclosure requirements, voluntary
reporting, industry-specific key performance indicators and initiatives
in other countries.
"Toronto Stock Exchange is dedicated to helping its issuers operate
successfully in the capital markets," says Ungad Chadda, Senior Vice
President, Toronto Stock Exchange. "We believe this updated primer
provides issuers with a useful tool to assist them with these important
environmental and social matters."
"Reporting on environmental and social issues is evolving both at home
and abroad," notes Todd Scaletta, a principal with CPA Canada focusing
on sustainability and innovation. "Disclosure relating to these matters
is clearly becoming a vital component to the reporting efforts of a
growing number of organizations. It is important that the changing
landscape be illustrated for issuers."
The publication also summarizes best practices emerging from the
Corporate Reporting Awards, which are presented annually by CPA Canada.
A Primer for Environment & Social Disclosure can be found online in both English and French by visiting www.tmx.com
or www.cpacanada.ca/primer.
About TMX Group (TSX-X)
TMX Group's key subsidiaries operate cash and derivative markets and
clearinghouses for multiple asset classes including equities, fixed
income and energy. Toronto Stock Exchange, TSX Venture Exchange, TMX
Select, Alpha Group, The Canadian Depository for Securities, Montreal
Exchange, Canadian Derivatives Clearing Corporation, NGX, BOX Options
Exchange, Shorcan, Shorcan Energy Brokers, Equicom and other TMX Group
companies provide listing markets, trading markets, clearing
facilities, depository services, data products and other services to
the global financial community. TMX Group is headquartered in Toronto
and operates offices across Canada (Montreal, Calgary and Vancouver),
in key U.S. markets (New York, Houston, Boston and Chicago) as well as
in London, Beijing and Sydney. For more information about TMX Group,
visit our website at www.tmx.com. Follow TMX Group on Twitter at http://twitter.com/tmxgroup.
About CPA Canada
CPA Canada is the national organization established to support
unification of the Canadian accounting profession under the Chartered
Professional Accountant (CPA) designation. It was created by the
Canadian Institute of Chartered Accountants (CICA) and The Society of
Management Accountants of Canada (CMA Canada) to provide services to
all CPA, CA, CMA and CGA accounting bodies that have unified or are
committed to unification. As part of the unification effort, CPA Canada
and the Certified General Accountants Association of Canada
(CGA-Canada) are working toward integrating their operations.
Unification will enhance the influence, relevance and contribution of
the Canadian accounting profession both at home and internationally.
SOURCE TMX Group Inc.
