While all environmental, social and governance factors are increasingly important to Canada’s institutional investors, it’s the social aspect that’s been a key driver of investment choices. David Ryan, executive vice-president of corporate and financial communications at Edelman Canada, says 74 per cent of Canadian institutional investors surveyed in 2020 prioritized social factors over environmental and […]
TD Bank is broadening its diversity, equity and inclusion goals and connecting employees through anti-racism e-learnings, promoting intersectionality and a storytelling approach. During the month of February, which is Black History Month, many employers in Canada and around the world are furthering their commitments to making their workplaces more equitable and inclusive. On the heels […]
IKEA Canada is signing the BlackNorth Initiative pledge as part of its ongoing diversity, equity and inclusion efforts. The pledge during Black History Month reconfirms the company’s commitment to tackling systemic anti-Black racism and creating opportunities for Black people through accountability and ongoing actions, according to a press release. The retailer is among the latest […]
Forty per cent of Black professionals say the biggest obstacle in their career is not having a clear path or opportunity for advancement at their organization, according to a new LinkedIn Corp. survey. Of the more than 2,000 Black professionals recently surveyed, 44 per cent felt they’ve been overlooked or intentionally passed by for career […]
The British Columbia Investment Management Corp. is raising its environmental, social and governance-related expectations for the publicly-traded companies it invests in. Under its new proxy-voting guidelines, updated every two years, the BCI made several significant changes in relation to diversity and inclusion, climate change and executive compensation. Specifically, the BCI now expects that women will […]
Soon after the beginning of the coronavirus pandemic, layoffs and the shift to remote working resulted in a 30-year low in female participation in the Canadian workforce, threatening to undo gains in gender equity in the workplace, according to a new report by the Canada Pension Plan Investment Board. Women have suffered the most layoffs […]