Chartwell gets mixed grades from proxy advisory services over bonus payouts during COVID-19 pandemic
Globe & Mail – Canada’s Shareholder Association for Research and Education says unitholders of Chartwell Retirement Residences should vote against chairman Mike Harris over concerns about safety for the company’s customers and employees.
Principles for Responsible Investment – Canadian businesses must support Indigenous communities in securing long-term, sustainable benefits from economic development, as part of their reconciliation duties, enshrined in the Truth and Reconciliation Call to Action #92.
Globe and Mail – The Ontario government plans to move ahead with an overhaul of the Ontario Securities Commission, pushing an expanded mandate for the regulator and proposing a drastic reconfiguration of its internal governance structure.
Benefits Canada – A coalition of Canadian university endowments and pension plans are launching a new initiative to engage investee corporations on climate change risks.
Globe and Mail – Despite some progress, Canada’s corporate sector has much work to do in accelerating representation and participation of Indigenous peoples on corporate boards, in management and across companies’ operations.
CorpGov.net – SHARE Investor Summit 2021, register. This will be a fantastic virtual event, February 16-19, 2021. Against the backdrop of the social and economic impacts of COVID-19, escalating wealth inequality, systemic racism, and the continuing climate crisis, we rise to the challenge.
Globe and Mail – The dearth of women in Canada’s C-suites has been a concern for decades, and yet few companies are willing to do anything about it – even when evidence shows female leadership is good for the bottom line. Now, the pandemic is threatening to undo even meagre progress.
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