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.
Corporate Knights – The idea was simple. Walk into the mall on a busy Saturday afternoon and turn ethical labelling on its head in an effort to understand consumer behaviour. How would people react to the possibility that a nine-year-old Bangladeshi girl paid a below-living wage had sewn the latest and greatest top?
SHARE and Coast Funds today announced new shareholder proxy voting guidelines that advocate for the rights of Indigenous Peoples. Coast Funds is an Indigenous-led conservation finance organization created by First Nations, the governments of British Columbia and Canada, and private foundations as part of the 2006 Great Bear Rainforest agreements.
Emboldened in part by the Trump administration and its appointees to the SEC, a number of industry associations are driving attacks on corporate accountability with a full-court press, arguing that shareholder proposals and proxy advisory services are creating an undue burden for companies.
At the SHARE Investor Summit 2020 join pension funds, Indigenous trusts, foundations, endowments and others to forge responsible investor alliances for a sustainable, inclusive and productive economy.
Working with institutional investor clients, last quarter SHARE filed proposals at five top Canadian oil and gas companies, asking for meaningful reduction targets for methane, an extremely potent greenhouse gas.