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diversity

Anti-ESG proposals fall flat with investors, SHARE reports

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New proxy voting policy in effect for 2024 annual meetings

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Initiative received 42% support from RBC shareholders at latest AGM, and 37% from BMO shareholders

Citibank

Bank allegedly denied credit to customers of Armenian descent

Crowded boardroom

Demand for minority directors expected to increase as transparency improves

racial equity

Regulators are proposing more extensive disclosure from issuers

Low angle view of Skyscrapers in downtown Toronto during the day

A KPMG survey finds 88% of Black Canadian workers feel companies need stronger commitments and targets for hiring and promoting Black people

Court.

The department says City National avoided underwriting mortgages in majority Black and Latino neighborhoods

  • By: Ken Sweet
  • January 12, 2023 January 12, 2023
  • 16:53
Peggy's Cove Lighthouse Nova Scotia

The NSSC and FCNB published a consultation paper on possible governance reform

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Many firms have new targets and strategies, but real change will take time