proxy voting – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 21 Nov 2024 16:43:00 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Institutional investors helping tackle climate crisis by focusing on biodiversity: expert https://www.benefitscanada.com/canadian-investment-review/strategies/institutional-investors-helping-tackle-climate-crisis-by-focusing-on-biodiversity-expert/ Tue, 05 Nov 2024 14:00:21 +0000 https://www.benefitscanada.com/?p=162228 By focusing on biodiversity, institutional investors are helping to tackle the climate crisis, says Jane Ambachtsheer, global head of sustainability at BNP Paribas Asset Management. “When we talk about the biodiversity crisis from an economic perspective, we’re talking about a significant portion of global [gross domestic product], which is reliant on nature to some extent,” she […]

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]]> BCI targeting methane emissions, board diversity: stewardship report https://www.benefitscanada.com/canadian-investment-review/research-markets/bci-targeting-methane-emissions-board-diversity-stewardship-report/ Tue, 15 Oct 2024 13:00:17 +0000 https://www.benefitscanada.com/?p=161229 The British Columbia Investment Management Corp. is focusing on methane emissions regulation and board diversity among its key environmental, social and governance policy initiatives, according to its inaugural stewardship report. In early 2024, the BCI responded to methane policy consultations by Environment and Climate Change Canada and the U.S. Environmental Protection Agency, said the report, noting […]

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]]> UPP promoting responsible labour standards across portfolio: report https://www.benefitscanada.com/canadian-investment-review/research-markets/upp-promoting-responsible-labour-standards-across-portfolio-report/ Mon, 16 Sep 2024 19:00:55 +0000 https://www.benefitscanada.com/?p=160018 The University Pension Plan is promoting responsible labour standards in the direct operations that it invests in, according to a new stewardship report from the investment organization. It said the investment organization wants to ensure key metrics from the International Labour Organization are being respected in direct operations its involved with. It’s also looking to […]

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]]> Virtual-only meetings erode shareholder democracy: institutional investor group https://www.benefitscanada.com/news/cir-news-news/virtual-only-meetings-erode-shareholder-democracy-institutional-investor-group/ Fri, 19 Apr 2024 15:30:44 +0000 https://www.benefitscanada.com/?p=154477 A group of institutional investors is voicing concerns about the rise of virtual-only shareholder meetings they say risk eroding shareholder democracy. In an open letter released Thursday, the coalition of 38 investors led by the B.C. General Employees’ Union called on S&P/TSX 60 companies to publicly disclose how they’ll ensure shareholders’ statutory and common law […]

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]]> Public sector workers, retirees calling on removal of Imperial Oil director from PSP board https://www.benefitscanada.com/canadian-investment-review/strategies/public-sector-workers-retirees-calling-on-removal-of-imperial-oil-director-from-psp-board/ Tue, 01 Aug 2023 16:00:18 +0000 https://www.benefitscanada.com/?p=141661 Working and retired public sector employees from across Canada are calling on the federal government to remove Miranda Hubbs, director of Imperial Oil Ltd., from the board of the Public Sector Pension Investment Board with cause. In a letter sent to Prime Minister Justin Trudeau and his cabinet today, 39 PSP Investments’ members and retirees […]

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]]> University Pension Plan’s assets declined 9.1% in 2022, led by public equities https://www.benefitscanada.com/canadian-investment-review/cir-news/university-pension-plans-assets-declined-9-2-in-2022-led-by-public-equities/ Tue, 13 Jun 2023 13:00:19 +0000 https://www.benefitscanada.com/?p=139706 The University Pension Plan posted 9.1 per cent losses in 2022, according to its annual report. During the year, the jointly sponsored defined benefit pension plan’s assets declined from $11.8 billion to $10.8 billion. The plan finished the year with a solvency ratio of 103.3 per cent, down from 111 per cent at the end […]

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]]> 2023 GIC coverage: How proxy voting can help institutional investors effectively steward capital https://www.benefitscanada.com/canadian-investment-review/post-event-coverage/2023-gic-coverage-how-proxy-voting-can-help-institutional-investors-effectively-steward-capital/ Tue, 06 Jun 2023 11:44:08 +0000 https://www.benefitscanada.com/?p=137845 Proxy voting is playing a bigger role in institutional investors’ environmental, social and governance strategies, according to Christie Stephenson, executive director of the Peter P. Dhillon Centre for Business Ethics at the University of British Columbia’s Sauder School of Business, speaking during the Canadian Investment Review‘s 2023 Global Investment Conference. Long viewed as a value […]

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]]> CAAT appointing Karen Lockridge as director of responsible investing https://www.benefitscanada.com/notice/appointment-notice/caat-appointing-karen-lockridge-as-director-of-responsible-investing/ Mon, 29 May 2023 19:00:31 +0000 https://www.benefitscanada.com/?p=138990 The Colleges of Applied Arts and Technology pension plan is appointing Karen Lockridge as director of responsible investing. In the new role, she’ll be responsible for developing and refining the CAAT’s responsible investing strategy, including research, analysis and reporting on the pension plan’s environmental, social and governance activities. Lockridge will also provide guidance to the […]

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]]> Imperial Oil shareholders reject ESG proposals from Bâtirente, BCI https://www.benefitscanada.com/canadian-investment-review/public-equities/imperial-oil-shareholders-reject-esg-proposals-from-batirente-bci/ Tue, 09 May 2023 16:30:32 +0000 https://www.benefitscanada.com/?p=137501 Imperial Oil Ltd. shareholders have voted against environmental, social and governance-related proposals backed by the Bâtirente and the British Columbia Investment Management Corp. during the company’s annual general meeting. The Bâtirente’s motion called on Imperial Oil to adopt direct and indirect greenhouse gas emissions reduction targets for 2030. If passed, the proposal would have obliged […]

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]]> BCI calling for increased climate disclosure at Imperial Oil, Caisse pre-leasing Chilean mixed-use development https://www.benefitscanada.com/canadian-investment-review/alts/bci-calling-for-increased-climate-disclosure-at-imperial-oil-caisse-pre-leasing-chilean-mixed-use-development/ Tue, 02 May 2023 16:30:15 +0000 https://www.benefitscanada.com/?p=137187 The British Columbia Investment Management Corp. is filing a shareholder proposal calling for Imperial Oil Ltd. to disclose more information about its climate risks. The motion calls for the Canadian petroleum company to disclose its accounting assumptions related to climate change and the energy transition. According to a press release, the BCI’s aim is for […]

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