The purpose of this Canadian Securities Administrators Staff Notice (the Notice) is to provide guidance on the disclosure and sales communication practices of investment funds as they relate to environmental, social and governance (ESG) matters. This Notice also provides guidance on the types of investment funds that may market themselves as focusing on ESG or as considering ESG factors as part of their investment process. This Notice aims to bring greater clarity and consistency to ESG-related fund disclosure and sales communications to enable investors to make more informed investment decisions.
Effective Date: January 19, 2022
Revised: March 7, 2024