An article on how ‘carewashing’ can negatively impact employers’ well-being strategies was the most-read story on BenefitsCanada.com this past week. Here are the top five human resources, benefits, pension and investment stories of the last week: 1. How employers can avoid ‘carewashing’ their employee well-being strategy 2. Senate passes pharmacare legislation without amendments 3. Investment funds targeting domestic assets […]
While employers in the financial services industry have made some progress in attracting diverse talent across the traditionally male-dominated sector, there’s still a long way to go. To this end, BNP Paribas is widening its talent pool and supporting a diverse workforce through a comprehensive diversity, equity and inclusion strategy that encompasses recruitment, leadership training […]
The Caisse de dépôt et placement du Québec is reporting $53 billion in low-carbon assets, including $15 billion in Quebec, representing an overall increase of $35 billion in low-carbon assets since 2017, according to the investment organization’s latest sustainable investing report. It found the investment organization has more than $330 billion in assets with a […]
In 2023, a fifth (20 per cent) of board positions across the globe were filled by individuals that belong to historically underrepresented groups or ethnicities, with nearly a third within their first two years of tenure, according to a report by McKinsey & Company. The report, which polled more than 1,200 companies across 23 countries, […]
A story about the B.C. Lottery Corp.’s new inclusive holiday program was the most-read story on BenefitsCanada.com this week. Here are the top five human resources, benefits, pension and investment stories of the past week. 1. BCLC allowing employees to swap statutory holidays for personal, cultural days of significance 2. My Take: Obesity should be treated like […]
Among Canadian companies providing disclosure for 2023, women held 29 per cent of board seats, up from 26 per cent in 2022, according to Osler Hoskin & Harcourt LLP’s latest diversity report. The report tracked companies subject to the Canada Business Corporations Act that disclosed the number of women, Indigenous peoples and visible minorities represented […]
Considering women account for just over half of the population, Andrew MacDougall understands why — taken in isolation — the state of female representation at the top level of Canada’s public companies can seem a little underwhelming. According to the most recent round of disclosures, around 34 per cent of seats on the boards of […]
The Caisse de dépôt et placement du Québec is on track to have a net-zero portfolio by 2050, according to the organization’s latest sustainable investing report. In 2022, the carbon intensity of the Caisse’s portfolio was 53 per cent lower than its 2017 baseline level, a four per cent improvement over the previous year. As […]
The British Columbia Investment Management Corporation is expanding its proxy voting guidelines around racial diversity to cover Canadian-domiciled investee businesses. “Proxy voting is a key shareholder right and powerful tool for BCI to drive action aligned to our clients’ best interests,” said Daniel Garant, executive vice-president and global head of public markets at the BCI, […]
Just 34 per cent of Canadian employers had boards with female representation of 40 per cent or more as of October 2022, according to a new report by MSCI Inc. The report, which analyzed more than 2,800 employers in 18 countries across the Americas and Europe, found more than a third (38 per cent) reported […]