ESG Archive

Sep 09, 2020
Rise in Canadian companies publishing sustainability reports
More than half (58 percent) of companies on the S&P/TSX Composite Index have published a sustainability report this year – a rise of 10 percentage points on last year, according to the latest ESG disclosure study from Millani. The report authors estimate that by the end of this year, 66 percent of the S&P/TSX Composite will have published a sustainability report, based on which companies historically publish sustainability reports between now and the end o...
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Sep 03, 2020
SSGA to seek racial diversity disclosures
State Street Global Advisors (SSGA) is adding to the growing social and investment pressure on corporations to take issues of racial diversity, equity and inclusion more seriously. In a letter to board chairs released last week, SSGA global chief investment officer Richard Lacaille explains that starting in 2021 the asset manager – which has roughly $3 trillion in assets under management – will ask portfolio companies to explain their risks, goals and strategy r...
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Aug 31, 2020
ESG communications FAQ: How to build back better
With the initial shock of the Covid-19 pandemic behind us, companies must look forward to continuing business and their dialogue with investors despite the multitude of uncertainties ahead. What does effective ESG communication look like in the new normal? Here we answer some common questions impacting corporates. How has Covid-19 affected the drive for standardized reporting? We think investor demand for greater standardization in sustainab...
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Aug 19, 2020
Coalition offers blueprint for boosting board diversity
Several groups have come together to urge US companies to increase diversity on their boards and present a framework for how such change can be achieved. The Diverse Corporate Directors Coalition (DCDC) cites a 2018 McKinsey report as stating that companies in the top quartile for ethnic diversity were 43 percent more likely to see above-average profitability. But it also points to a 2018 review of Fortune 500 companies as finding that from 2010 to 2018 the represen...
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Aug 05, 2020
Wednesday Winner: ESG lessons from a lifetime achievement winner
In the world of investor relations, Sally Curley is an early adopter of ESG. During her 10-year stint as senior vice president of investor relations at Cardinal Health – between 2008 and 2017 – she co-founded the company’s first cross-functional committee to assess and advance ESG initiatives. In her prior role at Genzyme (now Sanofi) she worked closely with the nomination and governance committee, as the company’s vice president of IR.  After leaving Cardi...
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Aug 03, 2020
Investors relying less on top-line ESG scores, say panelists
Investors are increasingly creating their own proprietary ESG research and scoring methodologies, although they continue to use ratings firms as a key source of information, according to speakers at IR Magazine’s ESG Integration Forum – Summer 2020. The forum, which took place last week in a virtual format, tackled issues such as the impact of Covid-19 on ESG reporting, the outcome of this year’s AGM season and developing a sustainability program duri...
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Jul 30, 2020
Equality in IR Forum: ‘Some dynamics remain really stubborn’
The anti-racism movement sparked by the killing of George Floyd has made companies rethink their approach to diversity and inclusion, said speakers at IR Magazine’s Equality in IR Forum in July.  But companies must be prepared to make wholesale changes – and have uncomfortable conversations about how they have operated in the past – to truly improve opportunities for minority groups.  ‘Some dynamics remain really stubborn,’ said Ripa Ra...
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