In 2019, the majority of independent shareholders voted for a resolution asking the board of directors to report on the actions the company has taken to uphold decent work practices across its owned and franchised operations but the company has refused to implement the proposal.
The resolution at Brookfield Asset Management recommends the company assign accountability to a board committee and amend the committee’s charter to monitor human capital management policies and disclosure and evaluate the disclosure of workforce metrics to shareholders.
Ovintiv Inc., a leading oil and gas producer in North America, has not made clear how it plans to reduce its emissions and manage its climate-related risks in an increasingly carbon-constrained environment. Unlike many of its peers, Ovintiv has not disclosed any climate-related targets, resulting in uncertainty for investors about how climate-related risks are being managed.
Shareholders request that the Brookfield Asset Management Board of Directors expand its annual disclosure to include Comprehensive health and safety KPIs across the company’s global assets and operations and full reporting on the number and types of complaints received from employees, including contractors and temporary workers, the remedies offered under its grievance mechanism and the percentage of complaints resolved.
The Atkinson Charitable Foundation filed this shareholder proposal at RBI in order seek additional information about its efforts to uphold decent work in its operations.
Shareholders request that the Board of Directors provide a report detailing the due diligence process used by Dollarama Inc. (“Dollarama”) to identify and address risks to human rights from Dollarama’s business.
Shareholders request that the Human Resources Committee (“HRC”) of the Board of Directors commission a report, on an annual basis, on the pay grades and/or salary ranges of all classifications of Thomson Reuters’ employees.
Shareholders request that the Magna Internation Inc. Board of Directors expand its annual disclosure to shareholders, at reasonable cost and omitting proprietary information, to include key performance indicators (KPIs) on human capital management and human rights due diligence related to the company’s global manufacturing sites and its global supply chain.
A group of pension plans and other institutional investors have filed a formal shareholder proposal with Linamar Corporation asking that the company offer an annual “say on pay” shareholder advisory vote on executive compensation.
Shareholders request that Cenovus Energy Inc. set and publish targets that are aligned with the goal of the Paris Agreement to limit global average temperature increase to well below 2 degrees Celsius relative to pre-industrial levels.