Urgently, banks must fully integrate climate change considerations into their business strategies, lending policies and practices to enable Canada to reduce its greenhouse gases in a way that limits the harmful impacts of climate change. Over the past several years, SHARE has been engaging with Canadian banks, asking them to do just this – and we are seeing some positive momentum begin to take shape
NationTalk – There is a massive change afoot in the economic picture for Indigenous peoples in Canada, based on solid entrepreneurship, a growing and able young population, visionary leadership, own-source capital and strong networks to scale up that potential. Yet that potential will only be fully realized if other investors, especially institutional investors, latch on to that opportunity and foster it.
Business in Vancouver – Asset owners, financial services providers and investment managers are positioned to influence investor and executive behaviour through environmental, social and governance mandates.
A new report, Moving Capital, Shifting Power, profiles how investors can support Indigenous training, employment, contracting, advancement and business development opportunities.
Thirteen of the 17 banks financing the Dakota Access Pipeline were signatories to the Equator Principles, despite concerns being raised. This finding makes it clear that the framework has been ineffective in identifying the significant risks to Indigenous rights and is in need of reform.
Corporate Knights – In a move that’s been both widely hailed and derided, the Business Roundtable, America’s most influential lobby group of corporate leaders, denounced its longstanding position that corporations exist principally to serve their shareholders.
The Logic – SHARE was named one of Canada’s ten most innovative non-profits for our work helping companies and foundations live up to responsible investing principles.
Investment Executive – SHARE and a coalition of investor groups is calling on global banks to enhance their policies for respecting the rights of Indigenous peoples in the latest iteration of the Equator Principles — a voluntary, global environmental and social risk management framework.