Sustainability Reporting Training Course | CSDS 1 | CSDS 2 | IFRS S1 | IFRS S2 | OSFI B-15 | Toronto
Canada’s sustainability reporting requirements are changing rapidly. Shasat’s ESG Masterclass in Toronto is the most comprehensive 2-day sustainability reporting training course available in Canada. Furthermore, it covers IFRS S1, IFRS S2, CSDS 1, and CSDS 2 simultaneously.
In December 2024, the Canadian Sustainability Standards Board CSSB issued CSDS 1 and CSDS 2. These standards became effective on a voluntary basis from January 1, 2025. Additionally, OSFI Guideline B-15 requires federally regulated financial institutions to disclose climate-related risks from 2025. Moreover, the federal government intends to amend the Canada Business Corporations Act. Consequently, Canadian finance professionals must build sustainability reporting expertise now.
This programme covers the complete Canadian and global ESG disclosure landscape. Topics include IFRS S1 General Requirements for Sustainability-related Financial Information. Furthermore, the course covers IFRS S2 Climate-related Disclosures and CSDS 1 Canadian-specific transition reliefs. Additionally, CSDS 2 Canadian climate disclosure requirements are addressed in full. OSFI Guideline B-15 requirements for federally regulated financial institutions are also covered. Moreover, CSA securities disclosure obligations for Canadian public companies form a dedicated module.
The programme additionally covers GRI Global Reporting Initiative standards and Scope 1, Scope 2, and Scope 3 GHG emissions are included. Furthermore, climate scenario analysis, materiality assessment, and governance disclosure requirements are addressed. Canada’s anti-greenwashing requirements under Bill C-59 amendments to the Competition Act are also covered. Consequently, participants understand every Canadian ESG obligation in one programme.
Shasat’s ESG Masterclass covers the full Canadian ESG regulatory timeline. Climate-only disclosure is permitted in 2026 and 2027 fiscal year reports. Furthermore, full sustainability disclosure becomes required from the 2028 fiscal year. Scope 3 GHG emissions disclosure becomes mandatory from 2027. Additionally, TSX-listed companies face growing investor pressure for voluntary CSDS adoption before mandatory rules apply.
Every session combines technical framework guidance with real-world Canadian case studies. Participants work with examples from energy, financial services, agriculture, mining, and manufacturing sectors. Consequently, attendees leave with practical expertise to design and implement CSDS 1, CSDS 2, IFRS S1, and IFRS S2 aligned reporting frameworks. Furthermore, every participant understands OSFI B-15 compliance requirements for Canadian financial institutions.
Key Learning Features
The program will cover the following topics:
- Understand IFRS S1, IFRS S2, CSDS 1, and CSDS 2 disclosure requirements
- Apply Canadian Sustainability Standards Board CSSB transition reliefs and modifications
- Navigate OSFI Guideline B-15 Climate Risk Management requirements for Canadian financial institutions
- Implement the climate-first transition approach for 2025, 2026, and 2027 reporting periods
- Assess the impact of CSDS 1 and CSDS 2 on organisational ESG disclosures and value chains
- Develop a comprehensive sustainability disclosure plan aligned with Canadian and global standards
- Measure and disclose Scope 1, Scope 2, and Scope 3 GHG emissions under Canadian timelines
- Conduct materiality assessments under CSDS 1 and IFRS S1 for sustainability-related risks and opportunities
- Integrate TCFD recommendations with CSDS 2 and IFRS S2 climate disclosures
- Identify ESG risks and opportunities and build transition compliance strategies
- Comply with Canada’s anti-greenwashing requirements under Bill C-59 Competition Act amendments
- Understand ESG assurance and third-party verification requirements under CSDS and IFRS S1 and S2
- Apply GRI Global Reporting Initiative standards alongside CSDS and IFRS S1 and S2
- Prepare TSX-listed company ESG disclosures meeting CSA investor expectations
- Understand Canada’s full regulatory timeline — 2025 voluntary adoption through 2028 full disclosure
By the end of the program, participants will have a clear understanding of the challenges and opportunities presented by the transition to IFRS S1 and S2, and be equipped with the knowledge and tools to develop a comprehensive sustainability disclosure strategy.
Global ESG Program Schedule
Our program has been scheduled in multiple cities worldwide. For a comprehensive schedule and to find a session in your area, please explore the following links. If you are interested in organizing this program in your city, we encourage you to contact us for collaboration opportunities and more information.
Singapore | Hong Kong |Lima (Peru) | Davos | Dubai | Rio de Janeiro | Cape Town | Miami | Sydney | Zurich | Brussels | Online | London
Contact Us
Book your spot now in our sought-after ESG Masterclass program. Reach out to our training desk today. This two-day course offers deep insights into ESG principles and their organizational impact. Our experienced trainers promise an engaging learning journey. They will equip you with vital skills for the evolving business landscape. Seize this chance to grow professionally and drive sustainability. Contact us to secure your place.
Instructor Bio
The course instructor will be one of our highly experienced faculty members.
Our Faculty: Expertise That Drives Success
Shasat’s ESG Masterclass in Toronto is delivered by one of Shasat’s distinguished sustainability reporting specialists. Each faculty member brings extensive hands-on implementation experience across IFRS S1, IFRS S2, CSDS 1, CSDS 2, OSFI B-15, TCFD, GRI, and GHG Protocol frameworks. Furthermore, every faculty member combines deep technical expertise with direct Canadian regulatory knowledge.
Shasat has over 30 world-renowned faculty members across all professional disciplines. Each faculty member is a recognised expert in their respective field. Additionally, every faculty member shares direct implementation experience from real-world engagements across North and South America, Europe, Asia Pacific, the Middle East, and Africa. Consequently, participants receive practical guidance grounded in genuine client-facing experience — not theoretical instruction.
Shasat’s sustainability reporting faculty bring a unique combination of capabilities. Specifically, they combine technical CSDS and IFRS standards expertise with Canadian regulatory context including OSFI B-15, CSA securities disclosure obligations, and Bill C-59 anti-greenwashing compliance. Furthermore, faculty members have practical experience guiding Canadian organisations across energy, financial services, agriculture, mining, manufacturing, real estate, and technology sectors through sustainability disclosure implementation.
Every session is interactive, case-based, and outcomes-driven. Faculty members use real Canadian company examples and actual sustainability disclosure documents throughout. Consequently, participants leave with practical tools, implementation frameworks, and strategic insights applicable immediately within their organisations.
Our Partners
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Course Description
Day 1 — Canadian Sustainability Reporting Framework and Climate Disclosure
Session 1 — The Canadian ESG Regulatory Landscape
- Overview of IFRS S1 and IFRS S2 global ISSB baseline standards effective January 2024
- Canadian Sustainability Disclosure Standards CSDS 1 and CSDS 2 issued by the CSSB in December 2024
- CSSB Canadian-specific transition reliefs and modifications compared with global IFRS S1 and S2
- CSA Canadian Securities Administrators pause on mandatory climate disclosure rules confirmed April 2025
- OSFI Guideline B-15 Climate Risk Management requirements for federally regulated financial institutions effective 2025
- Canada Business Corporations Act climate disclosure amendments for large federally incorporated private companies
- Bill C-59 anti-greenwashing amendments to the Competition Act — penalties for unsubstantiated sustainability claims
- Canadian ESG regulatory timeline — 2025 voluntary CSDS adoption, 2026 to 2027 climate-only disclosure, 2028 full sustainability disclosure, 2027 Scope 3 GHG emissions
Industry example: How a major Canadian bank structures its OSFI B-15 climate disclosure alongside voluntary CSDS 2 adoption in its 2025 annual report, covering governance strategy risk management and metrics disclosure.
Session 2 — CSDS 1 and IFRS S1 — General Sustainability Disclosure Requirements
- Four core pillars of CSDS 1 and IFRS S1 — governance, strategy, risk management, metrics and targets
- Financial materiality assessment under CSDS 1 — identifying sustainability-related risks and opportunities
- Short, medium, and long-term sustainability risk and opportunity horizon assessment
- Connectivity requirements between sustainability disclosures and financial statements
- Comparative information requirements and transition relief under CSDS 1
- TCFD Task Force on Climate-related Financial Disclosures integration within CSDS 1 and IFRS S1
- Stakeholder engagement in sustainability materiality assessment
Industry example: Materiality assessment for a TSX-listed Canadian energy company — identifying which ESG risks are financially material for dual TSX and NYSE disclosure purposes, covering oil sands production carbon intensity, pipeline transition risk, and Indigenous community relations.
Session 3 — CSDS 2 and IFRS S2 — Climate-related Disclosures
- Climate-related physical risks — acute and chronic risks affecting Canadian operations
- Climate-related transition risks — policy regulatory technology and market risks
- Governance disclosures — board oversight and management responsibilities for climate risk
- Strategy disclosures — climate risks and opportunities across business model and value chain
- Climate scenario analysis and stress testing — NGFS scenarios and Canadian application
- Metrics and targets — absolute and intensity-based GHG emissions targets
- OSFI B-15 alignment with CSDS 2 — similarities and key differences for Canadian financial institutions
- Climate-first transition approach — why Canadian entities focus on CSDS 2 in 2026 and 2027
Industry example: Climate scenario analysis for a Canadian agricultural company — assessing physical climate risk from drought, flooding, and changing precipitation patterns on Prairie grain production and agri-food supply chains across Manitoba and Saskatchewan.
Session 4 — Scope 1, Scope 2, and Scope 3 GHG Emissions
- Scope 1 direct GHG emissions — measurement methodologies and disclosure requirements
- Scope 2 indirect energy-related emissions — location-based and market-based measurement methods
- Scope 3 value chain emissions — all 15 categories defined and explained
- Canadian 2027 Scope 3 transition relief — what is required and what is permitted
- GHG Protocol alignment with CSDS 2 and IFRS S2 measurement requirements
- Cross-industry metric — absolute Scope 1 and Scope 2 emissions required by CSDS 2 and IFRS S2
- Financed emissions Scope 3 Category 15 — specific requirements for Canadian banks and asset managers
Industry example: Scope 3 emissions measurement for a Canadian mining company — covering upstream ore extraction, processing, transportation, downstream smelting, and end-use product emissions across a full mineral value chain, directly relevant for lithium, cobalt, and copper producers supporting the energy transition.
Day 2 — Implementation, Assurance, and Industry Applications
Session 5 — Sustainability Disclosure Strategy and Implementation
- Building a sustainability disclosure governance framework aligned with CSDS 1 and IFRS S1
- Roles and responsibilities — CFO, sustainability committee, board, and audit committee
- Data collection and management systems for CSDS and IFRS S1 and S2 reporting
- Integrating sustainability disclosures with existing financial reporting processes and systems
- Phased implementation roadmap — from voluntary CSDS adoption to full mandatory disclosure
- ESG data platforms and technology tools for Canadian sustainability reporting
- Internal controls over sustainability reporting — applying financial reporting control frameworks to ESG data
Industry example: Implementation roadmap for a Canadian infrastructure and pipeline company — building a CSDS 1 and CSDS 2 compliant disclosure programme from initial data gap analysis through board-approved sustainability disclosure, covering Scope 1 methane emissions, Indigenous rights governance, and just transition planning.
Session 6 — Materiality Assessment Workshop
- Financial materiality versus double materiality — CSDS 1 and IFRS S1 use financial materiality
- Step-by-step materiality assessment process for Canadian organisations
- Identifying sustainability-related risks and opportunities across all ESG dimensions
- Stakeholder engagement methodology in the Canadian regulatory context
- Documenting and disclosing the materiality assessment process under CSDS 1
- Updating materiality assessments as business conditions and regulatory requirements change
- Practical workshop — participants apply the materiality assessment process to their own organisation
Industry example: Materiality assessment for a Canadian life insurance company — identifying which climate-related physical and transition risks are financially material, covering mortality and morbidity risk from extreme heat events, stranded fossil fuel asset exposure in the investment portfolio, and regulatory transition risk under OSFI B-15.
Session 7 — Industry Deep Dive — Sector-Specific ESG Disclosure
Energy and oil and gas
- CSDS 2 and IFRS S2 climate disclosure for Canadian oil sands and conventional producers
- Asset stranding risk and Paris Agreement alignment disclosure
- Methane emissions measurement and reduction targets under Canadian federal methane regulations
Financial services and banking
- OSFI B-15 compliance for Canadian banks and insurance companies
- Financed emissions Scope 3 Category 15 measurement and disclosure
- Climate stress testing and scenario analysis for Canadian financial institution portfolios
Agriculture and agri-food
- Physical climate risk disclosure for Manitoba, Saskatchewan, and Alberta farming operations
- IAS 41 biological assets interaction with CSDS 2 climate risk disclosure
- Crop yield variability, water stress, and soil degradation as material ESG risks
Mining and metals
- Transition risk from global decarbonisation — lithium, cobalt, copper, and nickel demand outlook
- Indigenous community consultation and Free Prior and Informed Consent FPIC governance disclosure
- Tailings management and environmental liability disclosure
Manufacturing and aerospace
- Scope 3 supply chain emissions for Canadian manufacturers and aerospace companies
- Energy transition manufacturing retooling and stranded asset risk
- Just transition planning and workforce reskilling disclosure
Technology and telecommunications
- Data centre energy consumption Scope 2 emissions and renewable energy procurement
- ESG-linked executive compensation disclosure
- Supply chain human rights and forced labour disclosure under Canada’s Fighting Against Forced Labour and Child Labour in Supply Chains Act
Real estate and infrastructure
- Physical climate risk for Canadian coastal, flood-zone, and permafrost-affected properties
- Green building certification and energy efficiency disclosure under CSDS 2
- Carbon pricing exposure and transition risk for Canadian real estate portfolios
Session 8 — ESG Framework Integration
- TCFD Task Force on Climate-related Financial Disclosures — how CSDS 2 and IFRS S2 are built on TCFD
- GRI Global Reporting Initiative — integrating GRI with CSDS 1 for stakeholder sustainability reporting
- SASB Sustainability Accounting Standards Board — industry-specific metrics and their relationship to CSDS and IFRS standards
- CDP Carbon Disclosure Project — alignment with CSDS 2 and IFRS S2 climate disclosures
- UN SDGs and their relationship to CSDS 1 sustainability disclosure
- Building one integrated ESG disclosure framework satisfying CSDS, IFRS S1 and S2, TCFD, GRI, and CDP simultaneously
Industry example: A Canadian pension fund integrating TCFD, CSDS 2, IFRS S2, and CDP reporting into a single climate disclosure framework for global institutional investor audiences, covering the net zero portfolio alignment commitments of major Canadian pension funds.
Session 9 — Anti-Greenwashing Compliance and ESG Assurance
- Bill C-59 anti-greenwashing amendments to Canada’s Competition Act — what constitutes a misleading environmental claim
- Competition Bureau Canada enforcement powers and financial penalties for non-compliant sustainability disclosures
- Practical guidance — which sustainability claims require substantiation and how to substantiate them
- ESG assurance — limited assurance versus reasonable assurance
- Auditor and third-party verifier roles in Canadian sustainability assurance
- Preparing sustainability disclosures that withstand regulatory and audit scrutiny
- CSDS assurance expectations — current voluntary status and future mandatory assurance timeline
Industry example: Anti-greenwashing compliance review for a Canadian consumer goods and retail company — assessing which sustainability marketing claims in annual reports, websites, and product labelling require substantiation under Bill C-59 and Canadian consumer protection legislation.
Session 10 — Personal Sustainability Disclosure Action Planning
- Gap analysis — current disclosure status versus full CSDS 1 and CSDS 2 requirements
- Identifying priority actions for the 2025 to 2028 Canadian regulatory timeline
- Building a board-approved sustainability disclosure governance framework
- Key milestones — voluntary CSDS adoption, climate-only disclosure, full sustainability disclosure, and Scope 3
- Identifying internal resources, external advisors, and technology tools needed
- Each participant leaves with a personalised sustainability disclosure action plan for their organisation
All course content, agenda, and programme materials are protected by copyright. Unauthorised reproduction is strictly prohibited.
© 2026 Shasat.
Why you must attend?
Canadian sustainability reporting obligations are expanding rapidly. The Canadian Sustainability Standards Board CSSB issued CSDS 1 and CSDS 2 in December 2024. Furthermore, OSFI Guideline B-15 requires federally regulated financial institutions to disclose climate-related risks from 2025. Additionally, Bill C-59 anti-greenwashing amendments expose organisations to Competition Bureau penalties for unsubstantiated sustainability claims. Consequently, Canadian finance professionals who delay building ESG expertise face growing regulatory, legal, and commercial risk.
This programme is the only ESG training course in Canada covering CSDS 1, CSDS 2, IFRS S1, IFRS S2, and OSFI B-15 simultaneously. Furthermore, every session addresses the specific ESG disclosure challenges of Canada’s major industries — energy, financial services, agriculture, mining, manufacturing, real estate, and technology. Additionally, real-world Canadian case studies and actual company disclosure documents are used throughout. Participants therefore leave with practical implementation knowledge applicable immediately within their own organisations.
All participants receive a CPD and CPE certificate recognised by CPA Canada, ACCA, CIMA, ICAEW, and CFA Institute. Furthermore, the programme is available in-person in Toronto and online across all Canadian provinces and US locations. Additionally, in-house delivery is available for organisations seeking to train entire teams simultaneously. Contact Shasat to discuss upcoming dates and in-house options across Canada.
Learning Methodology
- User-friendly slide deck presenting concepts, methodologies, and principles
- Interactive sessions with real-life case studies
- Explanations of concepts and methodologies through examples and scenarios
- Group exercises illustrating accounting principles and encouraging collaboration
- Discussions on differences in disclosure requirement’s of different regulatory bodies, industry issues, and diversity in practices
- Access to additional course material and handouts
- Open and inclusive atmosphere encouraging questions and discussion
Who Should Attend?
The ESG Masterclass is designed for professionals who are interested in or have responsibility for ESG-related activities. The course is relevant for individuals working in various roles and industries, including:
- Finance & Regulatory Professionals
- Corporate sustainability professionals
- Investment professionals
- Risk management professionals
- ESG analysts
- Financial analysts
- Legal professionals
- Compliance professionals
- Government officials
- Non-governmental organization (NGO) professionals
- Anyone seeking to enhance their understanding of ESG topics and principles.
The program is suitable for both those who are new to ESG and those who have some experience in the field and want to deepen their knowledge. The content is designed to provide a comprehensive overview of ESG principles and practices, as well as in-depth discussions of specific topics and challenges.
Feedback
Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments, including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalised networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the COVID-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organisation will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.
Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.
Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
Group Discount
Our company is proud to offer a group discount of 15% for organisations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalised group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organisation. Don’t hesitate to contact us today to learn more.
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Besides our wide range of public courses, we are proud to offer our In-house training services to our Global clients. This form of training is tailored to meet your business needs and also an effective way of training your teams which saves time and money and will improve the productivity of your employees, making your business more competitive. If you would like to run this course as an In-house programme in your organisation with necessary customisation to suit your needs then please contact us today to discuss this further.