At the SHARE Investor Summit 2020, join investment decision-makers and leaders from pension funds, foundations, Indigenous communities, trade unions, faith-based groups, universities, civil society, and investment management firms to find common ground and ways of working together to build a sustainable, inclusive and productive economy.
Canadian Investment Review – Seeking to tighten regulations for proxy advisory firms would imply that these firms are doing something wrong, says Kevin Thomas chief executive officer of the Shareholder Association for Research and Education. He says this isn’t the case.
Even as some energy sector leaders publicly endorsed the Paris Agreement, they engaged in intensive direct lobbying and financed trade associations, think tanks or political campaigns that hindered development of effective climate regulations. The misalignment between corporate rhetoric and political advocacy also constitutes a material risk for investors.
There’s a bit of a myth of this little religious community from Newfoundland and Labrador trying to stand up to two giant multinational corporations,” said Davis. “But once we became members of SHARE we were no longer a little religious community. Now you are talking about millions and millions of dollars being invested by many, many organizations that shared similar values.”
The Shareholder Association for Research and Education is teaming up with the U.S.-based Interfaith Center on Corporate Responsibility to send a letter to 30 companies requesting they participate in a water questionnaire from the Carbon Disclosure Project, a British organization that encourages companies to disclose environmental data and has the backing of 639 investors worldwide.