National Aboriginal Trust Officers Association 2nd
May 26 & 27, 2015
Calgary Telus Convention Centre, 120 9 Ave SE, Calgary, Alberta
2015 RIA Conference
May 31 to June 2, 2015
The Banff Centre, 107 Tunnel Mountain Drive, Banff, Alberta
RI Week in Canada
June 1 to 5, 2015
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• SHARE signs on to Ontario Clean Economy Alliance
• Investor group will tackle corporate climate lobbying
• Set GHG Emission Targets: How will Exxon Mobil and Chevron shareholders vote May 27?
• SHARE supports climate risk vote at US oil companies
• Miss the 2015 BC Pension Forum? New video highlights feature key takeaways
• bcIMC launches flagship responsible investing report
• Ontario plan joins Principles for Responsible Investment
SHARE signs on to Ontario Clean Economy Alliance
Along with more than 70 other civil society organizations, businesses, industry associations, investors, labour unions, health charities, and environmental groups, SHARE has signed on to the Clean Economy Alliance, an Ontario coalition urging governmental action on climate change. The Alliance has expressed support for the Ontario government’s move to establish a carbon cap and trade system, and is promoting six principles that would make the system effective, practical and equitable. Learn more
Investor group will tackle corporate climate lobbying
The United Nations Principles for Responsible Investment (PRI) has launched a new Investor Working Group on Corporate Climate Lobbying. SHARE will be participating in this new working group, which will examine how companies use shareholder funds to lobby on climate regulations, and encourage adoption of better practices and disclosure of lobbying activities. The PRI work complements SHARE’s ongoing project on corporate political spending, which you can read about here
Set GHG Emission Targets: How will Exxon Mobil and Chevron shareholders vote May 27?
The proposals assert that both Exxon Mobil and Chevron are exposed to regulatory and financial risk arising from global and domestic climate policy and related technology trends. Greenhouse gas reduction targets for the companies’ products and operations are identified as a powerful tool to manage climate risks and position the companies competitively in the transition to a low-carbon energy landscape. Companies need to outline how they will operate in a carbon-constrained future, and setting GHG targets is important to achieving reductions. For more about SHARE’s approach to climate risk, click here
. Shareholders can publicly register their support for the proposals here
. Read the full Exxon Mobil/Chevron Proxy Advisory here
SHARE supports climate risk vote at US oil companies
These proposals ask Marathon Oil and Chesapeake to issue reports analyzing how well the companies’ capital spending strategies comply with policy makers’ goals to limit climate change. The analyses should include the long-term and short-term financial risks to the company associated with expensive projects if the demand for oil and gas drops to the low levels anticipated by the International Energy Agency’s low-demand scenarios, as described below. Read the full Marathon Oil/Chesapeake Energy Proxy Advisory here
and discover other Proxy Advisories here
Miss the 2015 BC Pension Forum? New video highlights feature key takeaways
At the 2015 BC Pension Forum, we asked speakers to share a few of their key points in video interviews. Those interviewed include: Sharan Burrow, General Secretary, International Trade Union Confederation; Aaron Brenner, Senior Capital Market Analyst, United Food and Commercial Workers Canada; Sharon Hendricks, Vice-Chair, California State Teachers Retirement System Board; and Chair, Investment Committee; Pierre Habbard, Trade Union Advisory Committee on the Organisation for Economic Co-operation and Development; Sagarika Chatterjee, Associate Director, United Nations-supported, Principles for Responsible Investment; and Tom Powdrill, Capital Stewardship Officer, International Transport Workers Federation. Watch all the videos here
SHARE is a Canadian leader in responsible investment services, research and education for institutional investors. We offer proxy voting, shareholder engagement and consulting services, courses and conferences, policy advocacy and timely research that help investors integrate environmental, social and governance issues into the investment management process.