This year our engagements culminated in five shareholder proposals – at banks, oil & gas companies, and at a major financial holding company.
Investors For Paris
La Fonds fiduciaire de la famille Desmarais détient 51,3 % des droits de vote.
Desmarais Family Residuary Trust has 51.3% voting control
The proposal asking the company to fully report its scope 3 emissions received about 29% not voting with management.
A shareholder proposal seeking improved financial disclosure regarding the energy transition received about 11.5% support at today’s AGM.
Glossy ESG reports without clear metrics won’t cut it anymore
Strong vote means the Board must act to close governance gap
En tant que troisième investisseur dans les combustibles fossiles au Canada, les émissions non divulguées de Power Corporation sont un enjeu pour les investisseurs.
Power Corporation as the third largest investor in fossil fuels in Canada, yet its shareholders are in the dark about the transition risk this represents because the company does not practice comprehensive financed emissions disclosure, unlike a growing number of its peers in the financial sector.
This year, Investors for Paris Compliance (I4PC) is re-filing a …
New estimate shows scope 3 emissions twenty times higher than reported and rising rapidly
New climate plan takes step forward on renewables