Proxy Alert: Proposal on Australian Cultural Heritage Protection Law at Fortescue
Fortescue Metals Group LimitedSymbol: FMG (ASX)Annual Meeting date: November 9, 2021Filer: Australasian Centre for Corporate Responsibility (ACCR) with the support of the National Native Title Council (NNTC) and the Western Australian Aboriginal Heritage Alliance Shareholder Resolution 8: Support for Improvement to Western Australian Cultural Heritage Protection Law SHARE’s Recommendation: Vote FOR shareholder resolution To promote the long-term success of our Company, and noting: the findings and recommendations of the Interim Report of the Joint Parliamentary Committee on Northern Australia’s interim report entitled Never Again published on 9 December 2020 (‘Interim Report’);the importance of adequate cultural heritage protection laws in mitigating social, reputational and financial risks to our Company;the...
National Day for Truth and Reconciliation: Owning our Shared History and Mobilizing Together as Investors
By Katie Wheatley and Mark Sevestre, Reconciliation and Resposible Investment Initiative Across Turtle Island, we have witnessed a renewed outpouring of grief and outrage in recent months, as the uncovering of thousands of unmarked children’s graves have served as horrific reminders of Canada’s long legacy of colonialism and assimilation, including the residential school system. The inaugural National Day for Truth and Reconciliation in Canada, which will be marked on September 30, 2021, is an important occasion to learn about the atrocities committed against First Nations, Inuit, and Métis peoples. It is also a moment to educate ourselves on Indigenous rights, including Aboriginal and Treaty rights, and the United...
Statement regarding the Kamloops Indian Residential School from the Reconciliation and Responsible Investment Initiative (RRII)
May 31, 2021 - It is with a heavy heart and many tears that we add our voice to those across Turtle Island who mourn for the 215 young spirits finally located last week in Kamloops, British Columbia. We grieve with the Tk’emlúps te Secwépemc Nation and the families of the lost children. The truly devastating reality of what happened at these Indian Residential Schools is all too real today for many Indigenous peoples. We ourselves, or our family members and friends, have experienced the intergenerational trauma firsthand. Some will show the physical scars from where they were hit for speaking their own language, others...
Press Release: TMX Group Limited shareholders vote in favour of company-supported shareholder proposal on Indigenous inclusion
Historic support for shareholder proposal on Indigenous inclusion cultivates meaningful, transparent action on reconciliation in the financial sector May 12, 2021 – Shareholders of TMX Group Ltd. voted overwhelmingly to support a resolution on Indigenous inclusion and reconciliation at the company’s annual and special meeting of shareholders held earlier today. The vote will have profound effects on Canadian companies and the Indigenous economy. The Shareholder Association for Research and Education (SHARE), a national investor advocate, filed the proposal on behalf of the Atkinson Foundation. TMX Group made history when the company announced it would recommend a vote in favour of an amended version of the proposal. This...
New research finds corporate Canada dragging its feet in disclosing progress on reconciliation
March 11, 2021 – New research suggests that corporate Canada is slow to recognize the value of tracking and reporting on Indigenous relations and reconciliation. The report, Business and Reconciliation: An Update Exploring the Performance of Public Companies in Canada, reviewed company disclosures using a broad set of indicators to measure progress in advancing reconciliation since the release of a benchmark report in 2017. Research on a sample of 78 companies found a 26 percent increase in the number of companies stating that they prioritize employment of Indigenous people, up from 13 percent in 2016. In addition, there was a 28 percent increase in companies that...
RRII wins 2020 RIA Market Education Award
Grateful to collaborate with Indigenous & non-Indigenous investors who are championing Indigenous rights, title, & reconciliation ...