philanthropic organizations are grappling with how to shift entrenched structures to address racial equity and justice within their own organizations and in the communities they serve. So what can foundations do to improve racial justice and equity in their investments?
The Canadian Press – The pandemic’s eruption at the start of AGM season this year forced many companies to cancel their in-person events and figure out how to use technology for a virus-free meeting. The online migration was a scramble for most, as Canadian organizations have been much slower to adopt virtual meetings than their counterparts in the United States.
This week, over 200 corporate leaders across Canada have taken part in the inaugural BlackNorth Initiative and pledged their organizations to policies and specific targets to address systemic anti-Black racism. Among the participants were Canada’s top decision-makers in business from a broad range of sectors, including major finance companies and institutional investors.
Catholic Register – The Vatican’s suggestion that investors dump fossil fuel stocks may be one way to protect the planet, but the strategy is not as easy as it appears.
SHARE and NATOA welcome today’s announcement from the CFL Edmonton franchise of its decision to retire its team name. The abandonment of the use of an Indigenous moniker is a positive step to advancing reconciliation and respectful relations with Indigenous peoples.
Morningstar – There is no doubt that bias – around race, around gender, around ableism – contributes to the uneven distribution of opportunities, protections, and wealth across society, resulting in systemic, institutionalized discrimination. This issue lurks in investment portfolios and explains much of the observed inequality between the haves- and have-nots.
The 2019 SHARE Annual Report highlights how SHARE’s growing network has actively advocated for sustainability, good corporate governance and social inclusion through shareholder engagement, policy advocacy, proxy voting, and peer education.
Two vote results at the Tim Hortons parent company make it clear that the company needs to take action on decent work oversight across its operations, including franchises.
Morningstar – With the pandemic affecting frontline workers at Restaurant Brands International, investors and activists were closely watching the vote on worker rights, which ended up with 37% support, up from 25% the previous year. Shareholder advocacy group SHARE filed the workforce practices proposal on behalf of the Atkinson Charitable Foundation.
As $1 billion in federal funds go to clean up inactive wells, experts are sounding alarm bells about the ‘super experimental’ realm of tailings ponds reclamation and what could be more than $100 billion in unfunded liabilities in the oilsands