During the first quarter of 2011, SHARE corresponded with 45 companies on key ESG issues. Our thematic focus this quarter was on climate risk disclosure, executive compensation (say on pay), precarious employment, human rights, hydraulic fracturing and sustainable forestry.
- Shaw Communications Inc. has adopted environmental strategy to measure its ecological footprint and plans to provide information on greenhouse gas emissions and climate strategy to the Carbon Disclosure Project (CDP) in 2012.
- SHARE requested additional information from Talisman Energy Inc., Imperial Oil Limited and Trican Well Service concerning their efforts to protect water sources from potentially negative impacts of shale gas extraction.
- Letters were sent to Suncor Energy Inc. and SNC-Lavalin Group Inc. to inquire about policies and procedures in place to ensure the safety and protection of company employees in Libya.
- Shoppers Drug Mart Corporation confirmed they will adopt say on pay; shareholder proposal withdrawn.