Enbridge and Suncor Energy are the latest targets of climate\u002Dfocused investors looking to pressure boards with shareholder votes. Read on.
“If they think it’s business as usual, and they can slap on a few here and there, the companies themselves are at risk,” Kenyon said. “Because if they don’t start now, by the time they figure it out, it’s going to be too late from a competitive perspective.”
shareholders will vote on the proposal calling on the company to disclose all of its scope 3 emissions — which include indirect emissions both upstream and downstream of Enbridge activities — using internationally accepted definitions. Currently, I4PC said, Enbridge provides an incomplete picture of its scope 3 emissions, failing to capture their scale and growth potential given the company’s investments in oil and gas transmission, storage and exports.
I4PC said it typically secures the minimum shares required to get an issue to be included and voted on at an AGM — a move which require it to hold one per cent or more of the voting shares of a company, or voting shares worth at least $2,000, under the Canada Business Corporations Act.Article content
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coalition led by Raitt, McLellan calls for stronger focus on growth ahead of 2023 budgetLisa Raitt and Anne McLellan lead the Coalition for a Better Future, which comprises a wide range of business and non-profit organizations
Read more »
Best in Class: 7 of the most fuel-efficient SUVs of 2023Sport\u002Dutilities are known for guzzling gas, but these people\u002D and cargo\u002Dmovers will give you a break at the pumps
Read more »
Best in Class: 7 of the most fuel-efficient SUVs of 2023Sport\u002Dutilities are known for guzzling gas, but these people\u002D and cargo\u002Dmovers will give you a break at the pumps
Read more »
Best in Class: 7 of the most fuel-efficient SUVs of 2023Sport\u002Dutilities are known for guzzling gas, but these people\u002D and cargo\u002Dmovers will give you a break at the pumps
Read more »
Best in Class: 7 of the most fuel-efficient SUVs of 2023Sport\u002Dutilities are known for guzzling gas, but these people\u002D and cargo\u002Dmovers will give you a break at the pumps
Read more »
QUIZ: How much do you know about the RCMP? - Terrace StandardCanada’s national police force turns 150 years old in 2023
Read more »