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.
Investment Executive: Investors are increasingly demanding transparency on corporate lobbying, yet the disclosure in lobbyist registries falls short, suggests a report from the Vancouver-based Shareholder Association for Research & Education (SHARE) released Tuesday.READ FULL ARTICLE
Vancouver Sun: Opinion article by Kevin Thomas, SHARE’s Director of Shareholder Engagement, on the Canada’s lobbyist registries and our registry scorecard report.READ FULL ARTICLE
Edmonton Journal: Opinion article co-authored by SHARE’s Executive Director, Andrea Nemtin, Executive Director of the Inspirit Foundation; Mark Sevestre, President of the National Aboriginal Trust Officers Association (NATOA).READ FULL ARTICLE
Globe and Mail: Opinion article co-authored by SHARE’s Director of Proxy Voting Research and Operations, Jackie Cook and Director of Shareholder Engagement, Kevin Thomas about the corporate governance innovations introduced through shareholder proposals and the regulatory obstacles of filing proposals in Alberta.READ FULL ARTICLE
Rabble: Canadian companies have a long way to go to advance reconciliation with Indigenous peoples, a recent SHARE report argues.READ FULL ARTICLE
Benefits Canada: Publicly traded Canadian businesses in large part are lacking when it comes to reporting their relations with indigenous people, revealed a new report by the Shareholder Association for Research and Education.READ FULL ARTICLE
Corporate Canada does a relatively poor job of providing disclosure on its engagement with indigenous communities and its handling of indigenous issues, according to a new study from the Shareholder Association for Research and Education (SHARE).READ FULL ARTICLE