Office of the Superintendent of Financial Institutions
To close out the 2013–16 Federal Sustainable Development Strategy (FSDS), a streamlined reporting process for each Departmental Sustainable Development Strategy (DSDS) has been adopted. This supplementary information table supports the commitment to make environmental decision making more transparent and accountable to Parliament and contributes to an integrated, whole‑of‑government view of activities supporting environmental sustainability.
The 2013–16 Federal Sustainable Development Strategy (FSDS) presents the Government of Canada’s sustainable development activities, as required by the Federal Sustainable Development Act . In keeping with the objectives of the Act to make environmental decision making more transparent and accountable to Parliament, while not required to report under the FSDS, the Office of the Superintendent of Financial Institutions (OSFI) supports the implementation of the FSDS principles through the activities described in this supplementary information table.
This Departmental Sustainable Development Strategy describes the OSFI’s actions in support of Theme IV: shrinking the environmental footprint, beginning with government. The report for 2016–17 presents a high‑level overview of results and is the final report under the 2013–16 FSDS. Last year’s report is available on the agency website.
Theme IV: shrinking the environmental footprint, beginning with government
Under Theme IV, OSFI contributed to the 2013–16 FSDS through implementation strategies for Goal 7 Waste and Asset Management.
Implementation strategies: performance summary
No changes since last year. OSFI continued to incorporate the following implementation strategy and best practice in support of Target 7.2 Green Procurement, into its procurement practices in 2016-17:
126.96.36.199. Leverage common use procurement instruments where available and feasible.
7.2.4. Increase awareness of the Policy on Green Procurement among managers.
During the 2016–17 reporting cycle, OSFI considered the environmental effects of initiatives subject to the Cabinet Directive on the Environmental Assessment of Policy, Plan and Program Proposals, as part of its decision-making processes. As OSFI did not develop any initiatives that required a Strategic Environmental Assessment, no related public statements were produced.