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.
The growing gap between CEO and worker compensation is exacerbated by practices commonly-used by Boards of Directors to set executive compensation, which inflate CEO pay, but have little or no link to long-term value and company sustainability.
SHARE has been engaging with Canadian companies to integrate climate change considerations into their businesses. All six of the major Canadian banks have begun to respond to our engagement demands and take concrete steps to address climate risks.
London School of Economics and Political Science: It is becoming ever clearer that action on climate change is not just environmentally essential but also provides one of the best strategies for delivering positive economic and social development. The crux of the matter is to make sure that the climate transition is designed to deliver high social standards in the growing green economy and that the phase-down of high-carbon sectors does not result in ‘stranded’ workers, communities and, potentially, countries.READ FULL ARTICLE
Clean Economy Alliance: Climate change is no longer just an environmental issue. It’s a health issue, an economic issue, and above all, a human issue. That’s why organizations and businesses from many sectors came together to sign on to a letter calling for Ontario’s government to build an effective, comprehensive plan to address climate change.READ FULL ARTICLE
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 importance of managing climate risk to significant Canadian investors is confirmed by a new study on proxy-voting commissioned by the Commonwealth Climate Law Initiative (CCLI) and undertaken by SHARE.
After years of engagement by shareholders, Nutrien is finally ending its purchases of phosphate rock from the non-self-governing territory of Western Sahara.