Responsible Investor – A Principles for Responsible Investment-backed global standard for the safe management of mining waste storage facilities launched yesterday, which investor representatives say they will be expecting miners around the world to adhere to.
The Canadian Press – The pandemic’s eruption at the start of AGM season this year forced many companies to cancel their in-person events and figure out how to use technology for a virus-free meeting. The online migration was a scramble for most, as Canadian organizations have been much slower to adopt virtual meetings than their counterparts in the United States.
Catholic Register – The Vatican’s suggestion that investors dump fossil fuel stocks may be one way to protect the planet, but the strategy is not as easy as it appears.
Morningstar – There is no doubt that bias – around race, around gender, around ableism – contributes to the uneven distribution of opportunities, protections, and wealth across society, resulting in systemic, institutionalized discrimination. This issue lurks in investment portfolios and explains much of the observed inequality between the haves- and have-nots.
Morningstar – With the pandemic affecting frontline workers at Restaurant Brands International, investors and activists were closely watching the vote on worker rights, which ended up with 37% support, up from 25% the previous year. Shareholder advocacy group SHARE filed the workforce practices proposal on behalf of the Atkinson Charitable Foundation.
As $1 billion in federal funds go to clean up inactive wells, experts are sounding alarm bells about the ‘super experimental’ realm of tailings ponds reclamation and what could be more than $100 billion in unfunded liabilities in the oilsands
Canadian billionaire Jim Pattison, the sixth richest man in Canada and owner of the Save-on-Foods grocery chain, says the buck stops somewhere else when it comes to cutting hazard pay for frontline grocery store workers.
La Presse – La valse des millions dans la valeur de rémunération des dirigeants d’entreprises d’origine québécoise et cotées en Bourse s’est poursuivie de plus belle jusqu’à la toute fin de la décennie, constate-t-on dans la recension annuelle effectuée par La Presse.
Financial Post – After a weekend of protests in Canada and the United States against racism and police brutality, the workweek arrived and executives were ready with statements, tweets and LinkedIn posts.
Morningstar – Last week, the Canadian energy sector was dealt another blow when the world’s largest sovereign wealth fund decided to divest from four Canadian oil companies, citing ‘unacceptable greenhouse gas emissions’.
Vote, measure, manage.
Did TD just raise the bar for climate action at Canadian banks?
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