Two institutional shareholders of Potash Corporation (TSX:POT) will present a shareholder proposal at the company’s annual meeting Tuesday May 10th, asking the company to commission and make public an independent assessment of its human rights responsibilities in relation to sourcing phosphate rock from Western Sahara.
The methane reduction deal reached last week between Prime Minister Trudeau and President Obama could be undermined by aggressive lobbying and legal actions by US trade associations, some of which include Canadian corporations as members.
The Supreme Court of Canada’s decision today in the case of CIBC v. Green underscores the importance of legislative action across Canada to ensure that shareholders have a clearly articulated process and timeline for seeking a remedy from the courts when public companies make misrepresentations.
Ahead of the Paris talks on global climate change in December, a new report finds that Canada’s banks have an important stake in addressing one of the most defining economic, environmental and social challenges of our time.
A new report by SHARE, Banking on 2°, outlines the impacts that climate change-related risks could have on the banking sector. It also provides a set of recommendations for how Canada’s banks can more effectively manage these risks and catalyze the transition to a low carbon economy.
In advance of World Mental Health Day on October 10, the Shareholder Association for Research & Education (SHARE), a responsible investment advisor to Canadian institutional investors, issued the report, “Psychological Health and Safety and the Canadian Financial Sector.”
Although more than half of Canada’s largest financial sector firms have a published policy that prohibits harassment or bullying at work, investors have little information or assurance that they are adopting a more comprehensive approach to protecting mental health at work.
A group of 120 institutional investors representing over C$4.6 trillion in assets under management from Canada, US and Europe that invest in Alberta delivered a joint letter today to Alberta Premier Rachel Notley supporting the government of Alberta’s commitment to update and strengthen its climate policy.
Two years after the Rana Plaza factory building in Bangladesh collapsed, taking the lives of more than 1,100 workers and injured thousands more, a Canadian responsible investment organization has found that some Canadian apparel companies are still not participating in industry safety initiatives in Bangladesh.