The Canadian Sustainability Standards Board (CSSB) released its long-awaited climate and sustainability accounting rules Wednesday. The guidelines are generally in line with international standards for reporting greenhouse gas emissions and risks related to climate change, but they give Canadian companies more time to comply with the rules. (The Logic)

Talking point: The standards are meant to curb greenwashing and give investors better information to help guide green financing. The extra relief time follows feedback on the draft rules CSSB released in March. The board is giving companies until 2028 to disclose Scope 3 emissions—those produced from their supply chains and end use of their products—for that fiscal year, three more years than international standards. Companies also have until then to issue sustainability and climate reports with their annual financial statements. While the standards are voluntary, they’re expected to guide Canada’s securities regulators on future disclosure rules that will be mandatory.