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.
Shareholders request that TransCanada Board of Directors provide a report to shareholders outlining how TransCanada respects internationally-recognized standards for Indigenous Peoples’ rights in its business activities.
A group of pension plans and other institutional investors have filed a formal shareholder proposal with Imperial Oil asking that the company offer an annual shareholder advisory vote on executive compensation (“Say on Pay”).
SNC-Lavalin is actively engaged in lobbying activity in a number of Canadian and foreign jurisdictions. Over the years, concerns have been raised with the company’s operations in Canada and internationally and the processes through which the company lobbies for lucrative government contracts. The proposal filed by the Fonds de Solidarité (FTQ), represented by the Shareholder Association for Research and Education (SHARE), seeks information about the oversight and extent of SNC-Lavalin’s contributions to political activity.
Gender diversity is a critical attribute of a well functioning board and a measure of sound corporate governance. Constellation Software Inc. does not currently have such a policy. It does not have any women in executive office and only 1 of 10 director candidates proposed for election at the 2018 AGM is a woman. The Fonds de Solidarité FTQ, represented by SHARE, filed a shareholder proposal for consideration at the 2018 AGM of Constellation targeted at improving the company’s approach to gender diversity.
Bombardier Inc. is actively engaged in lobbying activity in a number of Canadian and foreign jurisdictions. This proposal asks the Board to prepare a report, updated annually, disclosing the company’s positions and priorities for policy activity; which external associations the company supports; the company’s oversight and review process for aligning association contributions and memberships with business priorities and shareholder value; and how the company reviews memberships for potential risks to the company’s reputation.
As one of the largest oil producing and refining companies in Canada, Imperial’s reliance on water withdrawals and high volume of wastewater production means the company is exposed to potential physical, regulatory and reputational water-related risks across its business segments. This proposal asks the company to respond to the CDP Water information request.
Imperial Oil Ltd. is actively engaged in lobbying activity in a number of Canadian jurisdictions and, where legal, has made political contributions. Its registered lobbyists in British Columbia, Alberta, and at the federal level are actively lobbying on energy, climate change and environmental policies. This proposal asks Imperial oil for report on on oversight and disclosure of corporate political spending.
Canadian markets are moving on Say on Pay, and governments may be catching up
SHARE is hiring a Research Assistant summer student (16 weeks)
Proxy Alert: Human Rights Due Diligence and Human Capital Management at Magna International Inc.
Cenovus asks investors to vote against emissions target motion at AGM
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