SHARE Model Proxy Voting Guidelines 2016

SHARE provides comprehensive model guidelines to help institutional investors expand their own voting guidance, particularly on environmental and social issues. SHARE’s proxy voting guidelines incorporate international conventions and standards including the United Nations Global Compact, the Universal Declaration of Human Rights, the OECD Guidelines for Multinational Enterprises, the ILO Declaration on the Fundamental Principles and Rights at Work, CDP and GRI.

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SHARE Lignes directrices vote par procuration 2016

SHARE provides comprehensive model guidelines to help institutional investors expand their own voting guidance, particularly on environmental and social issues. SHARE’s proxy voting guidelines incorporate international conventions and standards including the United Nations Global Compact, the Universal Declaration of Human Rights, the OECD Guidelines for Multinational Enterprises, the ILO Declaration on the Fundamental Principles and Rights at Work, CDP and GRI.

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CIBC v. Green Supreme Court Decision

The Supreme Court released its ruling in the case of CIBC v Green. SHARE intervened in the case to argue that investors should not be prevented from advancing their claims because of procedural difficulties related to the three-year time limit within which they were required to obtain leave to pursue legal action. The decision of the Supreme Court is a clear indication that legislatures must act to ensure clear rules for shareholder remedy and protect the transparency of capital markets.

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Integrating the Economy and the Environment: An Overview of Canadian Capital Markets

This paper provides an overview of the investment value chain and identifies some of the barriers to integrating sustainability into capital markets as well as opportunities to better align Canada’s financial system to the goals of building a resilient and robust economy while maintaining Canada’s natural capital and enhancing the prosperity of all Canadians.

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Climate Change and the Fiduciary Duties of Pension Trustees in Canada

SHARE commissioned Koskie Minsky LLP to prepare a report providing a legal perspective on Canadian pension trustees’ fiduciary duties in relation to the growing threat climate change poses to the value of their investments.

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Banking on 2 Degrees: The Hidden Risks of Climate Change for Canada’s Banks

SHARE’s report outlines the impacts that climate change-related risks could have for Canada’s banking sector. It also provides a set of recommendations for how Canada’s banks can more effectively manage these risks and catalyze the transition to a low carbon economy.

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Psychological Health and Safety and the Canadian Financial Sector

This investor brief looks at what Canadian financial sector companies report about the protection and promotion of mental health at work.

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Alberta Climate Policy Investor Letter

A group of 120 institutional investors representing over C$4.6 trillion in assets under management from Canada, US and Europe that invest in Alberta delivered a joint letter today to Alberta Premier Rachel Notley supporting the government of Alberta’s commitment to update and strengthen its climate policy. The letter is also available in French.

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Comment on the Ontario Securities Commission’s 2015-16 Draft Statement of Priorities

SHARE urged the Commission to: consult with stakeholders regarding adoption of regulations requiring issuers to hold an annual “say on pay” vote; provide guidance to issuers on disclosure of social considerations; study the potential for mandatory ESG reporting by issuers; extend its investor education activities; study the market-level risks created by climate change; and consider adopting greenhouse gas emissions reporting requirements including requiring energy producers to quantify the carbon price forecasts they use in capital expenditure decisions.

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Board Diversity Roundtable Report

This report summarizes what was discussed at a issuer-investor roundtable on board diversity co-sponsored by SHARE and the Centre for Corporate Governance and Risk Management at Simon Fraser University’s Beedie School of Business. The summary is presented on a non-attribution basis and does not necessarily represent conclusions agreed to by the participants.

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Investor Brief on Climate Risk

Learn how climate change presents risks and opportunities for institutional investors and steps that investors are taking to address these.

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Letter to the Federal Minister of Finance on Carbon Pricing

A letter on behalf of fifty-three religious institutional investors with combined assets of more than $2 billion asking that the Government of Canada establish mechanisms to set a clear, reliable and effective price for carbon emissions with the goal of reducing greenhouse gas emissions and limiting catastrophic climate change.

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