Investment Executive – Advocates for socially responsible investment and good corporate governance are touting the first win for a shareholder proposal dedicated to improving gender diversity at a Canadian firm. SHARE is pleased to report that a proxy proposal on diversity filed by the British Columbia Teachers Federation received 64.5% shareholder support at Waste Connections Inc.’s annual meeting.
Coast Funds – Coast Funds is working to align our investment strategies with our values, including recent work to conduct a proxy voting audit. Responsible investment has emerged as one of the many paths organizations can take to advance reconciliation. That includes a proxy voting audit, with the help of SHARE, that helped us develop our own proxy voting guidelines.
The Montreal Gazette – Although Indigenous peoples have had a visible and growing presence in Canada’s business, political and cultural life, when it comes to Canadians’ investment dollars, Indigenous rights and culture are still too often an afterthought.In its final report, the Truth and Reconciliation Commission called upon all sectors of Canadian society to contribute to reconciliation.
The Globe and Mail – We should be wary of simplistic and unspecific calls to remove a “regulatory burden.” Regulations can certainly create burdens, but they can also remove them.
Canadian Press – A proposal by the Fonds de Solidarite des Travailleurs du Quebec with SHARE requests Cenovus set medium- and long-term targets for its direct and indirect methane and other GHG emissions from operations.
Just-Style – Apparel and footwear brands Adidas and H&M are among 90 global companies that have responded to investor calls for more consistent and comparable workforce data, a request aimed at improving the quality of jobs worldwide and helping to tackle inequity and poverty.
The Globe and Mail – How can adding new regulations reduce the regulatory burden?Simple. Picture what happens whenever a traffic light goes out of service at a busy intersection.