Sustainability reporting is becoming more important for businesses, but many Canadian companies are struggling to keep up, as highlighted by PwC Canada’s 2025 report. While many are working to include sustainability in their operations, gaps in reporting could lead to risks of not meeting new rules and missing chances to grow. For example, most companies don’t share how climate-related opportunities could impact their finances—something that can build trust with investors. Furthermore, skipping steps like assessing key sustainability issues and engaging with stakeholders makes it harder for companies to prepare for the future and address risks effectively.
To improve, companies should focus on combining their various sustainability reports into one, making sustainability part of their overall strategy, and setting clear goals to show progress. PwC emphasizes the importance of being transparent about risks and how they’re managed, which can build trust and confidence among investors and other stakeholders. By showing measurable progress, businesses can demonstrate how sustainability goes beyond following rules—it can help drive long-term growth. As expectations evolve, Canadian companies have the chance to show leadership and create real value through stronger sustainability practices.
Source: Pwc Canada