07/21/2026
The conversation around energy is shifting from what companies buy to how environmental claims are supported.
Recent updates to environmental accounting, including the Financial Accounting Standards Board's (FASB) guidance issued in May 2026, together with increasing scrutiny of Renewable Energy Certificates ( ) and Scope 2 reporting, are raising expectations for corporate sustainability disclosures.
For Canadian businesses, is becoming more than a cost management exercise. It is increasingly influencing financial reporting, ESG performance, investor expectations, and corporate credibility.
🌱 This direction is further reinforced by continued investment in Canada's transition, including more than $26 million in federal funding announced in July 2026 for clean energy projects across and Saskatchewan.
📊 As reporting standards continue to evolve, organizations may benefit from reassessing their renewable energy strategy, REC portfolio, and Scope 2 reporting approach to ensure they remain aligned with evolving business and regulatory expectations.
At Anova Energy, we work with commercial and organizations to integrate sustainability into their energy procurement strategy, from renewable electricity sourcing backed by RECs, to Scope1-3 inventory reporting.
We support long-term, renewable energy roadmaps that align commercial objectives with evolving reporting standards.
If your organization is conducting , and you would like to connect with one of our ISO certified Carbon Accountants to see how they can assist, please send us a message at [email protected]!