Latest Publications

We regularly release investor briefs, proxy voting reports, policy positions and more, building our library of responsible investment resources.
Off the Ballot: Why Alberta’s business laws need to catch up on shareholder democracy

Shareholders of Alberta-incorporated companies face regulatory impediments under the Alberta Business Corporations Act (ABCA) making it effectively impossible for shareholders to file resolutions to be voted at company’s annual meeting. This report compares Alberta-incorporated companies on the TSX-Composite Index to their peers and finds Alberta-incorporated companies lag on the issues of gender diversity, corporate governance, and disclosures of information related to climate change.

SHARE Annual Report 2016

SHARE’s organization-wide annual report outlines our activities and achievements over 2016. The report highlights our work in the areas of climate change, political spending, decent work and building sustainable capital markets.

The Rise of Supply Chain Transparency Legislation: What is at stake for Canadian investors?

Canada’s regulatory framework for human rights due diligence in global supply chains lags that of other jurisdictions, and that’s a concern for Canadian institutional investors. This report reviews supply chain transparency legislation around the world and argues that similar federal legislation here in Canada could be beneficial to investors if properly crafted.

Taking Climate on Board: Are Canadian energy and utilities company boards equipped to address climate change? 

Despite growing attention to the physical, financial and regulatory impacts of global climate change, this report finds that companies in Canada’s most carbon-intensive sectors are not demonstrating “climate competency” in the boardroom.

ISSUE BRIEFS

SHARE regularly publishes research reports, case studies and investor briefs based on our environmental, social and governance issue areas.

Off the Ballot: Why Alberta’s business laws need to catch up on shareholder democracy

Shareholders of Alberta-incorporated companies face regulatory impediments under the Alberta Business Corporations Act (ABCA) making it effectively impossible for shareholders to file resolutions to be voted at company’s annual meeting. This report compares Alberta-incorporated companies on the TSX-Composite Index to their peers and finds Alberta-incorporated companies lag on the issues of gender diversity, corporate governance, and disclosures of information related to climate change.

The Rise of Supply Chain Transparency Legislation: What is at stake for Canadian investors?

Canada’s regulatory framework for human rights due diligence in global supply chains lags that of other jurisdictions, and that’s a concern for Canadian institutional investors. This report reviews supply chain transparency legislation around the world and argues that similar federal legislation here in Canada could be beneficial to investors if properly crafted.

Taking Climate on Board: Are Canadian energy and utilities company boards equipped to address climate change?

Despite growing attention to the physical, financial and regulatory impacts of global climate change, this report finds that companies in Canada’s most carbon-intensive sectors are not demonstrating “climate competency” in the boardroom.

Valuing Decent Work: How do retail companies measure up?

This report reveals that Canadian retail companies lag behind their global peers in their disclosure of decent work metrics. It identifies the important role investors can play in seeking improved corporate disclosure of this information through engagement with retail companies in their portfolios.

PROXY VOTING REPORTS

SHARE’s Model Proxy Voting Guidelines are updated annually to ensure up-to-date guidance on corporate governance, environmental and social issues emerging on company proxy ballots.

2017 SHARE Model Proxy Voting Guidelines 

SHARE provides a comprehensive set of proxy voting guidelines for institutional investors. Our guidelines incorporate conventions and guidelines from international bodies such as the UN, the OECD and the ILO.

2017 Lignes directrices sur le vote par procuration

Le principe global de l’interprétation et l’application de ces lignes directrices est de suivre une démarche qui servira au mieux les intérêts des participants du régime et des bénéficiaires.

Voting for Value: Key vote report

This report takes a look back at twenty noteworthy Canadian proxy votes that mattered in 2015. It revisits votes at seventeen companies in the S&P/TSX Composite Index that raised important ESG issues.

L’importance du vote des investisseurs

Ce rapport analyse vingt votes par procuration marquants de 2015 sélectionnés parmidix-
sept sociétés canadiennes cotées sur l´indice composé S&P/TSX.

POLICY POSITIONS

SHARE regularly submits recommendations to regulators and policy-makers regarding environmental, social and governance considerations in the financial sector.

Submission to the House Financial Services Committee

SHARE wrote to the US House Financial Services Committee about the draft legislation for the Financial Choice Act asking the committee to reject the seriously flawed anti-investor provisions. The bill aims to revoke various financial sector reforms introduced under the Dodd Frank act after the 2008 financial crisis.

Submission to the Changing Workplaces Review (CWR)

SHARE provided comments on the Changing Workplaces Review: Special Advisors’ Interim Report and highlighted the importance of greater transparency from companies on their approaches to workplace policies and practices.

Submission to the Department of Finance Canada – Financial Institutions Divisions

SHARE provided input on the Interim Report, Supporting a Strong and Growing Economy: Positioning Canada’s Financial Sector for the Future. SHARE’s comments focused on opportunities for the Canadian government to use this review to more closely align Canada’s financial sector with
sustainability.

Submission to Canadian Association of Pension Supervisory Authorities (CAPSA) 

SHARE asked the Canadian Association of Pension Supervisory Authorities (CAPSA) to revise its Pension Plan Governance guidelines and related documents to better guide pension administrators on the integration of environmental, social and governance matters in investment decision-making.

EDUCATIONAL RESOURCES

SHARE publishes educational tools to help institutional investors learn more about responsible investment and how to integrate environmental, social and governance considerations into their investment practices.

Climate Change and the Fiduciary Duties of Pension Fund Trustees in Canada

SHARE commissioned Koskie Minsky LLP to prepare a report providing a legal perspective on Canadian pension trustees’ fiduciary duties in relation to the growing threat climate change poses to the value of their investments.

Responsible Investment Toolkit: Putting responsible investment into practice

A great place to start learning about responsible investment. The toolkit defines responsible investment and looks at various implementation strategies that are available to institutional investors.

The Promotion of Active Shareholdership for Corporate Social Responsibility in Canada

This report provides a feasibility study on how to facilitate the growth of shareholder activism in Canada as part of the larger socially responsible investment movement.

SHARE ANNUAL REPORTS

SHARE produces annual reports that cover services provided organization-wide, including shareholder engagement, proxy voting and investor edcuation.

SHARE Rapport Annuel 2016

Le rapport annuel de SHARE discute nos activités et nos réalisations en 2016. Le rapport met en lumière notre travail dans les domaines du changement climatique, de la surveillance et divulgation des dépenses politiques, du travail décent et de la création des marchés financiers durables.

SHARE Annual Report 2016

SHARE’s organization-wide annual report outlines our activities and achievements over 2016. The report highlights our work in the areas of climate change, political spending, decent work and building sustainable capital markets.

Shareholder Engagement Plan Snapshot 2017

This snapshot of our shareholder engagement plan provides our broader stakeholders a picture of what SHARE will be up to in 2017.

Aperçu du plan d’engagement actionnarial 2017

Cet aperçu de notre plan d’engagement actionnarial fournit à nos parties prenantes un survol du travail de SHARE au courant de 2017.