Toronto, Ont., August 9, 2016 – The University of St. Michael’s College announced today that it has partnered with the Shareholder Association for Research and Education (SHARE) to facilitate shareholder engagement dialogues with companies in its investment portfolio on a range of environmental, social and corporate governance issues. St. Michael’s will be joining more than 30 institutional investors from across Canada with combined assets under management of $14 billion who participate in SHARE’s engagement program.
“Shareholder engagement provides university pension and endowment funds and other institutional investors an opportunity to use their voices to encourage the companies they own to improve their policies and practices on pressing environmental, social and corporate governance issues,” says Kevin Thomas, SHARE’s Director of Shareholder Engagement. “These efforts not only bring benefits to individual investment portfolios but also to the economy and the environment we all share.”
“We are pleased to be joining SHARE and a broader group of institutional investors to collectively communicate our expectations regarding corporate performance in areas important to St. Michael’s such as worker safety and environmental protection among others,” said David Mulroney, President and Vice-Chancellor of the University of St. Michael’s College.
SHARE is a Canadian leader in responsible investment services, research and education for institutional investors and offers proxy voting, shareholder engagement and consulting services, education and timely research that help investors integrate environmental, social and governance issues in the investment management process.
About the University of St. Michael’s College
University of St. Michael’s College (USMC), established in 1852 and federated with the University of Toronto since 1910, is a Catholic institution of higher learning founded by the Congregation of St. Basil. Their motto, “Teach me goodness, discipline and knowledge,” sets the tone for campus life. Committed to the pursuit of knowledge, meaning and truth, USMC offers a dynamic campus where the Catholic Intellectual Tradition thrives in a context of academic freedom and respectful debate. The University of St. Michael’s College features a large and dynamic undergraduate division, an acclaimed Faculty of Theology and the historically rich Kelly Library.