proxy voting – Benefits Canada.com

Ontario Teachers’ abstains from vote to re-elect female board member

Gideon Scanlon — Tue, 14 Sep 2021 17:00:07 +0000

To push for greater female representation on a corporate board, the Ontario Teachers’ Pension Plan withheld its support for the re-election of a female board director during a shareholder vote. During the annual general meeting of network management software developer Netscout Systems Inc., the pension fund’s proxy refrained from voting on a measure to re-elect […]

The post Ontario Teachers’ abstains from vote to re-elect female board member appeared first on Benefits Canada.com.

BCI, Chinese energy company clash over position on non-independent board members

Gideon Scanlon — Thu, 26 Aug 2021 15:30:03 +0000

The British Columbia Investment Management Corp. is once again voting against nine proposals supported by the board of China Gas Holdings Ltd., including the re-election of five corporate directors. During its recent annual general meeting, the Hong Kong-based energy company’s management team had requested that investors vote in favour of the re-election of board members […]

The post BCI, Chinese energy company clash over position on non-independent board members appeared first on Benefits Canada.com.

Learn more about the Sustainable Investing Award finalists

mschmit — Wed, 25 Nov 2020 09:23:19 +0000

The Canadian Investment Review’s Sustainable Investing Award will be presented to a pension plan that has shown leadership and/or significant progress when it comes to incorporating sustainability into the investment process. This will consider sound practices related to environmental, social and governance matters across asset classes and can include considerations related to people management within […]

The post Learn more about the Sustainable Investing Award finalists appeared first on Benefits Canada.com.

OPTrust’s sustainable investing evolution

mschmit — Wed, 28 Oct 2020 04:19:53 +0000

The interest in environmental, social and governance investing has risen exponentially over the past 20 years, but ESG investing is still in its early stages, said Peter Lindley, president and chief executive officer of the OPSEU Pension Trust, when speaking at the Canadian Investment Review’s 2020 Global Investment Conference in September. “As a long-term investor, […]

The post OPTrust’s sustainable investing evolution appeared first on Benefits Canada.com.

PIAC disputing need for further regulation on proxy advisor firms

mschmit — Fri, 18 Sep 2020 05:02:23 +0000

The Pension Investment Association of Canada is taking issue with some of the recommendations drafted by Ontario’s capital markets modernization task force, specifically those related to proxy advisory firms. In a recent letter to Walied Soliman, the chair of the task force, the PIAC disagreed with a proposal to introduce a regulatory framework for proxy advisory firms. […]

The post PIAC disputing need for further regulation on proxy advisor firms appeared first on Benefits Canada.com.

PIAC disputes recommendation for further regulation of proxy advisory firms

mschmit — Wed, 16 Sep 2020 03:46:00 +0000

The Pension Investment Association of Canada took issue with some of the recommendations drafted by Ontario’s capital markets modernization task force, specifically those related to proxy advisory firms. The task force published a series of proposals for consultation earlier this year, inviting feedback from the public. In a recent response letter to Walied Soliman, the […]

The post PIAC disputes recommendation for further regulation of proxy advisory firms appeared first on Benefits Canada.com.

SHARE, Groupe Investissement Responsable launching Canadian proxy voting company

mschmit — Tue, 15 Sep 2020 04:55:16 +0000

The Shareholder Association for Research and Education and Groupe Investissement Responsable Inc. are creating a joint venture to provide proxy voting services to institutional investors across Canada. The partnership establishes a new corporation called GIR that will purchase the proxy voting businesses of both organizations, as well as the operations of the previous Groupe Investissement […]

The post SHARE, Groupe Investissement Responsable launching Canadian proxy voting company appeared first on Benefits Canada.com.

Investors calling for board oversight of human rights risk at Alphabet

mschmit — Wed, 03 Jun 2020 05:45:30 +0000

A group of more than 80 global investment managers with a combined $10 trillion in assets under management is calling on Alphabet Inc. to implement board-level oversight for human rights risks. The Investor Alliance for Human Rights, which includes co-filers Hermes Investment Management, Loring, Wolcott and Coolidge, Robeco and Canadian responsible investing firm NEI Investments, […]

The post Investors calling for board oversight of human rights risk at Alphabet appeared first on Benefits Canada.com.

A look at the different paths to ESG integration in DC plans

mschmit — Fri, 08 May 2020 04:56:55 +0000

With environmental, social and governance issues becoming more prominent among investors, it’s important to consider what sustainability means for DC plans. Plan sponsors are facing somewhat conflicting objectives, said Christine Girvan, senior managing director and head of Canadian distribution at MFS Investment Management, during a session at Benefits Canada‘s 2020 DC Plan Summit in Montreal […]

The post A look at the different paths to ESG integration in DC plans appeared first on Benefits Canada.com.

Where should institutional investors target engagement in 2020?

mschmit — Wed, 11 Mar 2020 05:00:48 +0000

Corporate governance, climate change and human rights in the digital economy are primary focuses for Northwest & Ethical Investments in 2020. The Canadian firm’s annual corporate engagement focus list highlights five key themes and 26 investee companies it intends to engage with throughout the year. It’s planning to engage companies on governance issues including board diversity and board and […]

The post Where should institutional investors target engagement in 2020? appeared first on Benefits Canada.com.