When Canada Post and the Canadian Union of Postal Workers were negotiating their most recent collective bargaining agreement, some Canadian think-tanks used the opportunity to trot out ideological attacks on Canada Post’s defined-benefit pension plan.
The board of Restaurant Brands International (RBI) has taken a step towards increasing diversity in the company by expanding the number of directors to twelve and appointing Ms. Cecilia Sicupira to fill the new position.
In May, SHARE attended the Annual General Meeting of Potash Corporation, alongside the Congregation of the Sisters of Mercy of Newfoundland, to present a shareholder proposal co-filed by the Sisters and OceanRock Investments Inc. concerning…
This quarter, SHARE was at the AGM of Brookfield Asset Management Inc., a global alternative asset manager, inquiring about the company’s management of human and labour rights risks…
Shareholders made their voices heard at Restaurant Brands International’s (RBI) annual general meeting on June 9th as they voted on a proposal requesting the company to adopt a formal board diversity policy.
The debate about executive compensation seems to be defined by exceptions – the exceptionally high pay (compared to average Canadians), the exceptionally high benchmarking against peers, and exceptional Say on Pay votes…
Growing employment precarity and inequality is a grim reality for the workers that are faced with it. It is also a concern for investors. SHARE is working to break the silence around decent work in corporate reporting; to change the narrative from workers as a “cost”, to workers as a “driver of value”; and to identify the right metrics to drive change and measure success.
At a time when knowledge is recognized as an increasingly important driver of success and when income inequality is creating systemic risks in markets, investors need better information from companies on how they are investing in and managing their “most valuable assets” – their workers.
As companies issue new proxy circulars in time for their annual general meetings, SHARE is closely watching to see whether corporate Canada has improved its dubious record on board diversity. Have admonishments from securities regulators and shareholders pushed more companies to adopt board diversity policies and goals? More importantly, will we see more female candidates for board seats at 2016 AGMs?
There are intriguing signs that pension funds are becoming more ambitious and more holistic in their thinking about responsible investment (RI). A few weeks ago the two of us ran a masterclass session on responsible investment for trustees at the British Columbia Pension Forum – the annual event that SHARE has been organizing now for 13 years.