Canadian investors support the recommendations of a report released by the Subcommittee on International Human Rights calling for legislation to ensure businesses disclose steps they are taking to address child labour and forced labour in global supply chains.
Financial Post: Alimentation Couche-Tard Inc. says it will allow shareholders to vote on the pay packages of the company’s top five executives, but not until next year.
The Globe and Mail: The mainstream investor community has finally come to grips with the financial and environmental risks that climate change poses to portfolios and long-term investment outcomes.
The Globe and Mail Report on Business: Big-name investors are putting companies on notice: come up with a low-carbon strategy or look out.
In an upset for a major publicly-traded corporation, two environmental resolutions at Kinder Morgan Inc.’s annual general meetings passed with more than 50 per cent of shareholder votes Wednesday, against the Texas firm’s advice.
The Toronto Star: Constellation Software Inc., the Toronto tech company whose stock has risen sixfold in the past five years, is the last firm in the S&P/TSX 60 index to bring a woman on to its board of directors, after yielding to pressure from investors.
Canadian Broadcasting Corporation: Imperial Oil Ltd. shareholders are seeking to force the company to be more transparent about its water-related risks from pollution and climate change, as well as its lobbying activities and expenditures.