Even as some energy sector leaders publicly endorsed the Paris Agreement, they engaged in intensive direct lobbying and financed trade associations, think tanks or political campaigns that hindered development of effective climate regulations. The misalignment between corporate rhetoric and political advocacy also constitutes a material risk for investors.
Urgently, banks must fully integrate climate change considerations into their business strategies, lending policies and practices to enable Canada to reduce its greenhouse gases in a way that limits the harmful impacts of climate change. Over the past several years, SHARE has been engaging with Canadian banks, asking them to do just this – and we are seeing some positive momentum begin to take shape
Thirteen of the 17 banks financing the Dakota Access Pipeline were signatories to the Equator Principles, despite concerns being raised. This finding makes it clear that the framework has been ineffective in identifying the significant risks to Indigenous rights and is in need of reform.
Emboldened in part by the Trump administration and its appointees to the SEC, a number of industry associations are driving attacks on corporate accountability with a full-court press, arguing that shareholder proposals and proxy advisory services are creating an undue burden for companies.
At the SHARE Investor Summit 2020 join pension funds, Indigenous trusts, foundations, endowments and others to forge responsible investor alliances for a sustainable, inclusive and productive economy.
Working with institutional investor clients, last quarter SHARE filed proposals at five top Canadian oil and gas companies, asking for meaningful reduction targets for methane, an extremely potent greenhouse gas.
SHARE is concerned with decent work because a company’s workforce is key to its long-term success. Decent work and workforce disclosure were front-and-centre issues for SHARE during the 2019 Canadian proxy voting season. Learn about what we accomplished with our clients and affiliates this year.
Shareholders have made a strong statement to the world’s fifth-largest fast food company: good workforce management is a good investment. After engagement by the Atkinson Foundation and SHARE, 66.5% of Restaurant Brand International independent shareholders supported a proposal asking for disclosure on workforce management.
Today is National Indigenous Peoples Day, to recognize and celebrate the ongoing history, diverse cultures and outstanding contributions of First Nations, Inuit and Métis peoples to our nation and to the world. To provide some examples of how reconciliation is relevant for individuals and organizations in the investment and financial ecosystem, we offer some of the work SHARE is doing – in our programs as well as internally.