Globe & Mail – Canada’s Shareholder Association for Research and Education says unitholders of Chartwell Retirement Residences should vote against chairman Mike Harris over concerns about safety for the company’s customers and employees.
Following productive dialogue with the company, we are pleased to announce that the board of directors of the TMX Group has agreed to jointly support a resolution on reconciliation and Indigenous relations filed by SHARE on behalf of the Atkinson Foundation.
In advance of Chartwell’s upcoming AGM, SHARE recommends shareholders vote for the proposal asking for greater transparency on human capital management and withhold votes for the election of Michael Harris as Chairman of the Board,
For his work mobilizing investors to advocate for a sustainable economy as CEO of SHARE, Kevin Thomas is being recognized as an industry leader by the 2021 Clean50 Awards.
In November 2020, SHARE asked whether TD Bank’s announcement of its new climate plan would “raise the bar” for Canadian banks. Four months later, all of Canada’s five largest banks have committed to measuring and disclosing their “financed emissions.”
We hope SHARE’s joint submissions will help Canada develop a new framework for corporate governance that gives real meaning to broader fiduciary duties requiring corporate directors to take workers, retirees and the environment into account in their decision-making.
Principles for Responsible Investment – Canadian businesses must support Indigenous communities in securing long-term, sustainable benefits from economic development, as part of their reconciliation duties, enshrined in the Truth and Reconciliation Call to Action #92.
Globe and Mail – The Ontario government plans to move ahead with an overhaul of the Ontario Securities Commission, pushing an expanded mandate for the regulator and proposing a drastic reconfiguration of its internal governance structure.
Benefits Canada – A coalition of Canadian university endowments and pension plans are launching a new initiative to engage investee corporations on climate change risks.