Shareholder proposals are a means for investors to engage not only with corporate management, but with other shareholders, raising suggestions and concerns that are relevant to the long term success of the corporation, and subjecting them to a vote by shareholders to demonstrate their importance.
SHARE helped to convene a group of Canada’s largest pension investors and asset management firms to present proposals to the Ontario Capital Markets Task Force, working together to encourage Canadian regulators to take up improved environmental, social and governance (ESG) disclosure requirements, improve corporate diversity, and address climate change.
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.
Join SHARE CEO Kevin Thomas for the UBC Canada Climate Law Initiative’s free webinar: Post-Pandemic Opportunities to Finance a Sustainable Society featuring twelve Canadian Climate Governance Experts as well as others with expertise in sustainable finance.
The 2019 SHARE Annual Report highlights how SHARE’s growing network has actively advocated for sustainability, good corporate governance and social inclusion through shareholder engagement, policy advocacy, proxy voting, and peer education.
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.
Canadian Investment Review – At a time of uncertainty caused by the coronavirus crisis, active ownership is more important than ever, says Kevin Thomas, chief executive officer of the Shareholder Association for Research and Education.
Because this crisis is having devastating and unequal impacts on workers in global supply chains, inaction is not an option. What happens now in global supply chains is part and parcel of business continuity issues for retailers and brands, not a separate and isolated issue.
Financial Post – Canadian companies have spent billions in recent years buying back their own shares with little pushback from Parliament Hill, but that could soon change as some of those same firms line up for federal bailouts.