The Globe and Mail reports in its Wednesday edition that some of Canada's largest institutional investors support quick adoption of new sustainability reporting standards while energy and mining companies want disclosure to remain voluntary and exclude items such as indirect carbon emissions. The Globe's Jeffrey Jones writes that the Canadian Sustainability Standards Board is poring over 169 responses to its call for input into plans to adopt international rules for climate-related reporting. The feedback shows a stark divide between pension funds and asset managers demanding detailed comparable data and companies that say some factors are uncertain and implementation too burdensome. A handful of respondents highlighted potential risks exposing companies to penalties under recently passed amendments to the Competition Act meant to protect investors and consumers against greenwashing. Barrick said it compiles much of the data for its sustainability report in the first half of the year for publication in June, and that the most up-to-date details would not align with year-end disclosure. "Forcing these disclosures to be made concurrently risks compromising the quality of the sustainability disclosures," Barrick said.