Financial Post – After a weekend of protests in Canada and the United States against racism and police brutality, the workweek arrived and executives were ready with statements, tweets and LinkedIn posts.
A shareholder of Restaurant Brands International (RBI) is recommending that shareholders withhold their vote for Alexandre Behring, the company’s co-chair. Behring is also the managing partner of 3G Capital, the Brazilian hedge fund that owns a controlling stake in RBI.
SHARE will help Dragonfly vote its shares at company meetings and engage company management on climate change, environmental protection & Indigenous reconciliation
In 2019, the majority of independent shareholders voted for a resolution asking the board of directors to report on the actions the company has taken to uphold decent work practices across its owned and franchised operations but the company has refused to implement the proposal.
Canadian Investment Review – At a time of uncertainty caused by the coronavirus crisis, active ownership is more important than ever, says Kevin Thomas, chief executive officer of the Shareholder Association for Research and Education.
Because this crisis is having devastating and unequal impacts on workers in global supply chains, inaction is not an option. What happens now in global supply chains is part and parcel of business continuity issues for retailers and brands, not a separate and isolated issue.
The resolution at Brookfield Asset Management recommends the company assign accountability to a board committee and amend the committee’s charter to monitor human capital management policies and disclosure and evaluate the disclosure of workforce metrics to shareholders.
In the past few weeks, we have seen how COVID-19 poses greater risks to Indigenous Peoples relative to the settler population as a whole. Reconciliation and Indigenous rights continue to be a priority at SHARE as we monitor corporate responses to the crisis.
SHARE issued an open letter to the CEOs of two of Canada’s largest residential property owners: Starlight Investments and Northview REIT. Starlight, one of Canada’s largest landlords will grow further if a proposed deal goes through to acquire Northview. We outline two fundamental areas of concern for responsible investors regarding real estate investment, and ask the company’s to outline their plans.